Sunandamedi

Sunandamedi

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...

Sunandamedi

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...

Sunandamedi

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.

Sunandamedi

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.

Sunandamedi Updated 

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...

Sunandamedi

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%.

Sunandamedi Updated 

D MART HAD TOUCHED THE LEVEL OF 1450 AS POSTED IN MY 5TH JUNE WRITE UP. AGAIN, IT IS PRESENTING AN OPPORTUNITY TO REACH 1487. ALL THE BEST WITH STOP LOSS OF 1355.

Sunandamedi Updated 

WITH Q1 RESULTS EXPECTED IN FEW DAYS, A BIG FALL RAISES TWO QUESTIONS - FIRST - ARE THE RESULTS BAD? SECOND - IS IT A GAME PLAYED TO BUY SHARES AT LOW PRICE? IN ANY CASE, WAITING FOR INFORMATION WILL BE PRUDENT. PLEASE NOTE : DELIVERIES ARE 45% FOR TODAY.

Sunandamedi

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?

Sunandamedi

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?

Sunandamedi Updated 

AS MENTIONED IN THE PREVIOUS POST, SUN HAD CROSSED THE CLOUD AT THE THIN PORTION WITH VOLUMES OF 1.8 CR TRADED AND 55 L TAKEN DELIVERY. NEXT TARGET AS MENTIONED SHOULD BE 445. ALL THE BEST!!

Sunandamedi

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.

Sunandamedi

DR REDDY CHIKOU SPAN IS ABOVE THE PRICE AND NEAR THE RESISTANCE. BUY SIGNAL IS OBTAINED IN DAY CHART. ONCE THE RESISTANCE AT 2676 IS CROSSED, THEN 2734 IS A POSSIBILITY. IF IT CROSSES THIS TARGET IS OVERCOME, THEN FINAL TARGET CAN BE 2876.

Sunandamedi

COMMENTS IN THE CHART.

Sunandamedi

JUST DIAL'S GAME IS STILL BEING UNDER PLAY BY THE OPERATOR (PLS SEE MY POST OF JUNE 25TH). IT IS OBSERVED FROM 21ST MAY THAT WHENEVER THERE WAS A PRICE INCREASE (SEE THE GREEN ONES), THE PRICE WAS REVERSED TO THE SAME LEVEL NEARBY (OBSERVE RED). THE TRADING PRICE BAND HAS GRADUALLY SHIFTED FROM 680-722 TO 722-762. NOW, THERE IS A STRONG SUPPORT AT 769. WITH...

Sunandamedi

GSPL HAD GIVEN A BREAK OUT FROM INVERSE H&S PATTERN WITH GOOD VOLUMES. NEXT TARGET MAY BE PLACED AT 220 AND 224 IN THE COMING WEEKS. PLACE PROPER STOP LOSS.

Sunandamedi

ZONE - 1 : NEGOTIATIONS WITH BHARTI-AIRTEL STARTED IN MARCH 2019, WITH PROMOTERS EXPECTING RS. 62/ SHARE. JIO & DEBT NEWS OF THE GROUP CAME OUT. MARKET PRICE HAS COME DOWN. STRATEGY OF BIG INVESTORS IS TO LOWER THE PRICE. ZONE - 2 : Airtel Digital TV Enters Merger Talks With Dish TV To Become Largest DTH Operator In India WITH 62% MARKET SHARE. ACCUMULATION DONE...

Sunandamedi

AS DISCUSSED IN 09TH APRIL, POST DESPITE HIGH DELIVERIES (INDICATES CONFIDENCE IN THE COMPANY) THE CHART WAS SHOWING THERE WAS A FALL TO BE EXPECTED UP TO 620. THIS PRICE IS REACHED. AGAIN, THE DELIVERY RATIO HAS INCREASED TO 76%. VARIOUS BROKERAGE HOUSES ARE GIVING TARGETS OF 720+. BUT, WHAT DO THE CHARTS TELL US? DAY & WEEK CHART INDICATE THAT THE PRICE MAY...