United Phosphorus closed at its 61.8% Retracement on last Friday at 164 levels.This level should be a significant resistance,Traders should wait for the stock to show pull back till 157 levels to take further position. And if the stock crosses 167 levels instead of giving a pull back till 157 positions can be taken for… Read More »
Technical of Jumbo Bag Indicated accumulation Pattern in this stock is going On.Trading interest is reduced or near to null.But smart players are accumulating this stock As seen from the chart the stock is not breaking its support at 30.When ever it goes neae its lower range volumes increases on that day. 5 EMA is… Read More »
Tgt 139 and 144 NIFTY FUTURE Levels for tommorow resistance at 5115, 5143 and 5193. Support at 5065 and then 5037.
On Daily Charts 370 levels is providing very good support as shown in Charts So keep a Sl below that Position. On Weekly Charts we are seeing a formation of Flag and Pole Pattern.It is consolidating in the range of 370-395 for few trading Sessions.Once it breaks that level we may see 404 408 and… Read More »
In the recent advance of 2009, it thrust above that zone and now in the consolidation zone above that mark. As per the last two weeks price rise, it has formed the fresh buying pivot while the supporting oscillators are also confirming further up move in the near term. So one can accumulate in a… Read More »
Buy Punj if it helds 167 on closing basis for a tgt of 173,176,178
Rel Comm is at a critical support of 159 if it breaks than 156,151 and 144 on cards. If 159 Holds than 161,163 and 167 on cards
Tata Steel is close to its Trend line Support where it has taken support 3 times in previous fall.525 is an important level to watch >ig that get violated on closing basis we are heading towards 506 and 479 Levels.On Higher side will face resistance at 540 and 552.
ONGC on Last friday closed below its 200 DMA which stands at 1114.A stock which closes below its 200 DMA comes under Bear’s attack on every pull back. We need to watch for how many days ONGC closes below its 200 DMA,as if it recovers in coming 2-3 sessions than we can consider this as… Read More »
These type of trades are easy to trade as breakout has happen wait for stock come to support level of 123-25 range or let it cross today’s high of 132 and it will brezze for a tgt of 136 140 and 148 in this week