AIRTEL CAME BACK TO 372 LEVEL AGAIN, TODAY. (PLS SEE THE POST ON JUL04). SUCCESSFUL CROSSING AND TRADING ABOVE THIS LEVEL SHALL SEE 430. TRADED VOLUMES ARE HIGH 1.7 CR AND DELIVERY TAKEN IS 44%. EVEN AFTER SUCH Q1 RESULT? MAY BE THE BELOW NEWS IS THE TRIGGER : Dish TV, Airtel Digital TV merger expected by month end. Together, Airtel Digital TV and Dish TV...
AS POSTED EARLIER, HDFC HAD MADE THE TARGET OF 2200. FROM THE DAY CHART, IT IS OBSERVED THAT THERE ARE THREE WHITE SOLDIERS PATTERN. IT IS BETTER TO BE CAUTIOUS. FROM THE HOUR CHART, A INVERTED H&S FORMATION IN PROGRESS IS OBSERVED. THIS ALSO INDICATES THAT THE PRICE COULD DROP. THE LOW SIDE TARGET MAY BE PLACED AT 2134. IF THE NECK LINE AT 2208 IS CROSSED AND...
HDFC IS MOVING WITH GOOD VOLUMES (62.85 L), INCREASED VOLUMES AND DELIVERY (66%). TARGET OF 2200 SEEMS TO BE IMMINENT.
MGL HAD GIVEN BUY SIGNAL IN 15M CHART. THE TARGET AT THE HIGHER SIDE CAN BE HAD AT 823. WITH STOP LOSS AT 798. LET THE PRICE TRADE ABOVE 811 FOR 2 CANDLES ATLEAST FOR ENTRY.
RIL IS RELENTLESS IN MOVING DOWN. AS ONE OF THE FOLLOWER (GOLIPAAV) HAS COMMENTED, THE PRICE SEEMS TO MOVE TO 1075-1100 LVL. TRADING VOL ARE GOOD WITH 50% DEL VOLUMES.
AS MENTIONED YESTERDAY, THE PRICE SHOT BEYOND 70.40 AND CLOSED AT 70.86. THE VALUE SHOULD GET RESISTANCE AT 71.10. THIS DEPENDS UP ON THE SITUATION ARISEN OF J&K BILL IN THE PARLIAMENT. IF THE POLITICAL SCENARIO IS CONDUCIVE THE PRICE MAY REVERSE TO 70.4 LVL.
KOTAK MAHINDRA BANK HAD A Block Deal WHICH TOOK THE MATKET PRICE DOWN TODAY ON BSE. Kotak Mahindra Block Deal on BSE, Qty: 250,000, Deal Price: 1,487.95, Value (cr): 37.20, Time: 09:38am. WAIT FOR SOME TIME TO CATCH THE PRICE TO 1545 AGAIN. NSE STATISTICS : TRADED VOL - 38.64 LA WITH DELIVERY OF 50.2%. GOOD ENOUGH FOR CONFIDENCE IN SUCH A MARKET.
HINDUSTAN OIL EXPLORATION HAS A BULLISH PIN BAR FORMATION. AS PER THE ICHIMOKU DAY CHART, THE PRICE IS EXPECTED TO GO UP TO 119.1. ENTRY IS TO BE DONE ABOVE 115 AND STOP LOSS IS TO BE MAINTAINED AT 110.
SIEMENS IS IN BEARISH MODE AS LIKE ANY OTHER BIG ONE. IT IS LIKELY TO COME TO 1070 LVLS. IT IS BETTER TO PLACE BUY ORDERAS IN BETWEEN 1040-1070 RANGE. PLACE STOP LOSS AT 1015. A BOUNCE IS EXPECTED IN THE NEXT 3-4 DAYS.
THERE IS A BUY SIGNAL EMERGED ON THE DAY CHART. THE PRICE IS OBSERVED TO DO A INVERTED H&S PATTERN, WITH NECK LINE AT 69.895. IN SUCH A CASE, THE PRICE MAY DROP BACK TO 69.2 LEVEL. BUT, IF IT CLEARS THE 69.90 LVL, THE NEXT RESISTANCE FOR USD/INR IS 70.42.
SRTF IS A PERFECT SHORT CANDIDATE FOR A TARGET OF 923, WITH STOP LOSS AT 1008.
GRAPHITE'S DAY CHART HAS GIVEN A WEAK BUY SIGNAL. WAIT FOR THE PRICE TO STABILIZE AT 300 LEVEL FOR A WEEK OR - LET THE PRICE CROSS 320 LEVEL. UNDER THE ABOVE CONDITIONS, BUYING MAY BE CONSIDERED FOR TARGETS OF 330 & 345.
DABUR IS IN A PENNANT MODE. AS INFORMED IN MY POSTS ON 09TH & 16TH JULY, THE TARGET OF 430 WAS ACHIEVED. AGAIN DABUR IS GETTING READIED TO CROSS 430 AND REACH 450 TARGET. TRADED VOLUME - 22.4 L AND DELIVERY - 64%.
ICICI LOMBARD CAN BE PURCHASED FOR TARGET OF 1246 AND 1300. THE RESISTANCE AT 1182 HAS TO BE CROSSED. WAIT FOR THE TRADING ABOVE 1182, THEN ENTER LONG.
THIS PVT BANK WITH ITS GOOD Q1 RESULTS SEEMS TO BE POISED TO CROSS 1545 IN THE COMING DAYS. THE TRADED VOLUMES ARE GOOD WITH DELIVERIES OF 53%. IF IT CROSSES 1550, IT SHOULD GO UP TO 1600.
SUN TV HAS A SELL SIGNAL IN THE HOUR CHART AND IN BEARISH ZONE. SELL FOR TARGET OF 441 IN THE COMING DAYS. AND, AS PER MY LAST POST 391 SEEMS TO BE TARGET IN THE COMING WEEKS.
LOOKING AT THE DAY CHART, ALL THE FACTORS ARE INDICATING BULLISHNESS IN THIS COUNTER. 1300 IS THE TARGET WHICH SEEMS CAN BE ACHIEVED. ALSO, THE TRADED VOLUMES WITH INCREASE IN PRICE SUPPORTS THIS. KEEP THE LOWER TREND LINE AS STOP LOSS OR AT 1210.
GRANULES CLOSED ABOVE THE DOJI BY COMING ABOVE THE TREND LINE. ALSO, AN INVERSE H&S FORMATION IS OBSERVED WITH NECK LINE AT 102. NEXT TARGET IS EXPECTED AS 102. RESULTS ARE GOOD AND CNX PHARMA ALSO LOOKING BULLISH. LET US SEE.