Sunandamedi

DISH TV IS TRADING IN THE BULLISH ZONE. TODAY CLOSE IS HIGHER THAN DOJI HIGH. NEXT RESISTANCES ARE SEEN AT 34.65 AND 35.6. STOP LOSS AT 32.6.

PRICE HAD PERFECTLY TRIED TO REACH THE STOP LOSS POSITION. AS THE CHART STILL INDICATES BULLISHNESS AND THE PRICE SHOULD CLEAR 123 FOR GOING LONG. VOLUME OF 88 L IS ABOVE 5D VOLUME AND DELIVERY IS INCREASING FROM 16 TO 26% FROM THE LAST 5D. WITH RESULTS TOMORROW LET US SEE THE PRICE MOVEMENT.

ONCE PARAG MILK STARTS TRADING ABOVE 264, ENTER FOR TARGET OF 298 IN THE COMING DAYS. STOCK SEEMS TO HAVE GOOD SUPPORT AT 257. A PENNANT FORMATION IS OBSERVED FOR THE LAST THREE DAYS. AS THE FUTURE CLOUD AND TWIST ARE PRESENT, AND OTHER INDICATORS ARE BUY MODE, TARGET SHOULD BE ACHIEVED.

BALRAMPUR CAN BE ENTERED AT 140-145 LEVELS, FOR AGGRESSIVE ONES. WHEN THE PRICE STARTS TRADING ABOVE THE CLOUD, CONSERVATIVES CAN ENTER FOR TARGETS OF ABOVE MENTIONED LEVELS IN THE CHART.

AS MENTIONED IN JUNE 03RD POST, THE PRICE OF TARGETS 1 & 2 ARE ACHIEVED. TARGET 3 REMAINS TO BE REACHED. AS THE PRICE INCREASE IS SUPPORTED BY VOLUMES, THE PRICE SHOULD BE ABLE TO DO SO. JUST BE CAUTIOUS, AS THE DELIVERIES ARE ONLY 10%.

THE INDEX HAD PASSED THROUGH THE KUMO TWIST AND IS INTO THE BULLISH ZONE. ONCE THE LEVEL OF 3210 IS CROSSED, THE INDEX SHALL REACH 3400 IN THE COMING DAYS. WAIT FOR INDEX TO TRADE ABOVE 3210 LEVEL. FUTURE CLOUD IS BULLISH AND ONE MAY EXPECT THE INDEX REACH THE ABOVE MENTIONED LEVEL.

ACHIEVED THE TARGET OF 71 AS MENTIONED IN THE PREVIOUS POST. TATA POWER HAS STARTED UPWARD JOURNEY ONE MORE TIME. TARGET MAY BE KEPT AS 76. THERE SHOULD BE A FAST UP MOVE ONCE THE 71 LEVEL IS CROSSED.

THERE IS A WEAK BUY SIGNAL GENERATED FOR HINDALCO. THE TARGET MAY BE 213 FOR THIS TIME. MAINTAIN A PROPER STOP LOSS.

HDFC SEEMS TO BE READY TO GO 2368. ALL THE VERY BEST FOR IT. EXCEPT A RESISTANCE AT 2300, IT HAS GOT EVERYTHING GOING FOR.

MCX HAS CLOSED THE DAY WITH PRICE OF 854 TODAY. FROM THE 15M CHART, THE PRICE TARGET IS ARRIVED AS 910 IN THE COMING DAYS. PLACING THE STOP LOSS AT 842, ONE MAY ENTER. AS THE Q1 RESULTS "The Multi Commodity Exchange has reported a near 500 percent growth in consolidated net at Rs 43.70 crore for the June quarter despite a lower 30 percent jump in total income...

IN THE POSTS OF APRIL (14TH & 28TH) IT WAS INFERRED THAT THE PRICE WOULD COME DOWN TO 275. INDEED IT WAS AND CAME DOWN FURTHER TO LOWER LEVEL OF 260. NOW, IT IS NEARING THE SUPPORT AT 253. IF THIS PRICE LEVEL ACTS AS NECK LINE, THEN EXPECT A BOUNCE BACK TO 280 IN THE COMING WEEKS. MAY BE THE RESULTS DECLARED TODAY AND FUTURE PROJECTS MAY BE ACTING AS THE...

THE SHARE PRICE HAS COME OUT OF THE CHANNEL AND IS STEADILY MANAGING THE PRICE INCREASE. MY UNDERSTANDING SAYS THAT THERE WILL BE A RESISTANCE AT 268-272, AND THE PRICE THE MAY COME TO 254. THE REASON BEING, AS THE BUY CONFIRMATION IS NOT RECEIVED YET ON THE CHARTS. THE PULL BACK MAY HAPPEN IN 1-2 DAYS. BETTER TO WAIT FOR LOWER PRICE FOR ENTRY AND CONFIRMED BUY.

L&T FH DAY CHART HAS GIVEN A BUY SIGNAL. WAIT FOR 1-2 DAYS FOR THE PRICE TO CROSS 126. (OR) IF THE SAME PRICE RANGE IS CONTINUED, THEN ONE ENTER FOR 138 LEVEL AS TARGET IN THE COMING DAYS. ONLY CONFIRMATION FROM LAGGING SPAN IS AWAITED. STOP LOSS MAY BE HAD AT 116.

SEE THE DAY CHART OF PETRONET LNG. TRYING AGAIN TO CLOSE ABOVE THE RESISTANCE. ONCE, IT STARTS TRADING ABOVE 252.7 TARGET OF 262 IS IMMINENT. ALL THE INDICATORS ARE POSITIVE WITH NO RESISTANCES NEARBY AFTER 253. WAIT AND ENTER THE TRADE. TRADED VOLUME : 63 LAKHS AND DELIVERY TAKEN : 59%.

TATA STEEL DAY CHART HAS A SELL SIGNAL. SHORT CAN BE CONSIDERED AT 483 FOR DOWNSIDE TARGET OF 454 IN THE FORTHCOMING DAYS. ONE OF THE CALCULATIONS INDICATE THAT THE PRICE MAY GO DOWN TO 424. IS THERE ANY ADVERSE NEWS PEOPLE KNOW?

AS POSTED EARLIER IN JULY 3RD, PRICE REACHED 426.95 (427 GIVEN). THEN ON 09TH JULY, TARGET WAS KEPT AS 430. WITH THE A NEW SET OF CALCULATIONS, A NEW TARGET OF 460 CAN BE PLACED FOR A CONSIDERABLE TIME FRAME (KEEP IT AS WEEKS). AS THE CHART LOOKS GOOD SHALL WE EXPECT 460 FROM DABUR?

BUY SIGNAL OBTAINED. PRICE SEEMS TO HAVE REACHED THE TARGET, AS THE SIGNAL IS FEEBLE. BUT, THERE IS A POSSIBILITY THAT IT MAY TRY TO REACH 11718. FOR THIS TO HAPPEN, THERE IS A RESISTANCE AT 11670. IF ANY OF THE INDEX MOVER SCRIPS LIKE HDFC TWINS / RELIANCE / ITC MOVES UP, EXPECT THE RESISTANCE AT 11,670 AND 11,718, WILL ALSO BE OVERCOME AND NIFTY WILL HAVE...

TODAY AL HAD GIVEN A BUY SIGNAL IN DAY CHART ALSO. AS PER HOUR CHART, THERE IS A INTERTWINING OF BOTH TENKAN AND KIJUN. AND, IT HAD CLOSED ABOVE THE HIGH OF THE DOJI FORMED ON FRIDAY. EXPECT THE PRICE TO GO UP TO 88 IN THE COMING DAYS. TRY TO ENTER AT 85 WITH STOP LOSS PLACED AT 83.9.