plotted breakdown method on INFY with control price gravitating.Control Price always gravitate value such as 1,2,3,4,5 and 6. We have seen two tails on the right side of the chart at the Value Low area. Gravitation has two to attract the price are plotted in the move(i) and move(ii).
The best value to buy this stock at 710(outside of value low) and 716 for targets 735 and 741.
Indian
USDIN Bulls are ready to take overUSDINR is riding slowing on a bull trend with an strong support at ₹69.13, 69.001 and 68.47
Whenever it touches any of the support don't panic and wait for it to give a closing price of the day. If it below then it is still in bear trend.
Otherwise, taking the (SL) of ₹69.06 with the target of 69.70 and 70.20 in coming days.
SMART MONEY ALERTAfter a constant bullish movement, smart money has been digested into this stock.
The resistance is now acting as support and will be a good bet for 1-2 months horizon.
Short term target of 525 and long term target of 580-600 with a quick Stoploss of recent low of 465.
ALERT Significant Increased holding by Mohnish Pabrai Investments.
My PredictiveEngine's Intraday call(15-May-18)-INDIANB-ShortBeware that Karnataka election results are out tomorrow (15-May) so there may be volatility in entire market. So play accordingly.
Based on my PredictiveSystem's signals, its going to be a RED candle on 15-May-2018 for INDIANB
Sell Below: 312.5 for targets -
T1: 310.2
T2: 308.8
T3: 307.3
SL: 315
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Tata Metalliks : End of correctionTata Metalliks has:
- broken out of the declining correcting trend line
- Made a bullish engulfing pattern with good volumes for today
- Bounced sharply from its 20 day EMA after testing it.
Looks all set to test its previous high of 500 lvls. Levels of 400 can a stop.