Sunandamedi

Sunandamedi

DIVIS WILL HAVE RESISTANCES AT 1631 / 1642 AND 1658. THERE IS A WEAK BUY SIGNAL IN THE DAY CHART. AS THE CLOUDS ARE VERY THIN, THERE SHOULD NOT BE A PROBLEM TO REACH 1672 LVL.

Sunandamedi

KOLTE PATIL HAS A BUY SIGNAL. THE TARGET MAY BE PLACED AT 280 IN THE COMING DAYS. THERE WILL BE A RESISTANCE AT 255. AND, IF THE PRICE COMES BACK TO 240 LEVELS ONE MAY ENTER. MAINTAIN A STOP LOSS AT 218.

Sunandamedi

TCS BROKE THE TREND LINE OF H&S PATTERN. THERE IS A GOOD SUPPORT FOR IT AT 2074. TODAY IT HAD BOUNCED FROM HERE. ONCE THE LEVEL OF 2074 IS BREACHED, SHORT TCS FOR LEVEL OF 2028.

Sunandamedi

AS INFORMED IN THE POST ON 26 JUNE, THE PRICE HAD INCREASED UP TO 570 TODAY. NEXT TARGET OF 580 IS LIKELY AS THE FACTORS ARE BULLISH. MAINTAIN A PROPER STOP LOSS. WATCH FOR TRADE LEVELS BELOW 551 AS THE PRICE MAY REACT DOWNWARDS.

Sunandamedi Updated 

DOJI FORMED. ONCE THE PRICE TRADES ABOVE 472, THEN TARGET IS 488. IF THE PRICE TRADES BELOW 462, THEN 455 AND 441 ARE THE LIKELY TARGETS. AS PER MY OBSERVATION, THERE SHOULD BE A PULL BACK TO 480+ AS THE PRESENT LOW IS MULTIPLE BOTTOM AND IS FORMING A STRONG SUPPORT. BUT THE DELIVERY IS 12% INDICATING THE LOW CONFIDENCE TO GO FOR DELIVERY.

Sunandamedi

COAL INDIA IS AT STRONG SUPPORT AT 229. THE PRICE HAS TO GO UP TO 249 IN THE COMING DAYS. LOOKING AT THE TRADED VOLUME OF NEARLY 92L WITH A DELIVERY OF 63% IS GOOD. MAINTAIN STOP LOSS.

Sunandamedi

THE SHARE PRICE SHOULD GET SUPPORT AT THE CLOUD, AS THE FUTURE LOOKS BULLISH. IN CASE IT DROPS, IT MAY BE UP TO 2350 ONLY. H&S PATTERN WITH LEFT SHOULDER & HEAD FORMED. DELIVERY IS ABOVE 60%. AS THE NIFTY HAS TO MOVE UP, MAY BE THE HDFC BANK WILL BE THE MOVER?

Sunandamedi

PETRONET SHOULD START CROSSING 250 AND THEN REACH 265. TRADED SHARES ARE 50L WITH DELIVERY OF 81%. AGAIN IT IS PROVIDING ONE MORE CHANCE TO THE INVESTORS.

Sunandamedi

ONE CAN CONSIDER BUYING OF SYNDICATE BANK SHARES FOR TARGET OF 47. EVERY ASPECT IS CLEAR AS PER ICHIMOKU SYSTEM. TRADING VOLUME IS ALSO GOOD AT 24.8 L WITH DEL, % OF 21.

Sunandamedi

IN THE COMING DAYS, DABUR SHOULD BE ABLE TO TOUCH 430. BEFORE THAT IT HAS TO CROSS 412. ENTER FOR LONG POSITIONS ONCE 412 LEVEL IS CROSSED SUCCESSFULLY. STOP LOSS MAY BE PLACED AT THE LEVEL SHOWN IN THE CHART.

Sunandamedi Updated 

NIFTY SHOULD GO UP TO 11870 ONE MORE TIME IN THE COMING DAYS. MAY BE PUBLIC SECTOR BANKS WILL PROVIDE THE IMPETUS. BUT, IF THE INDEX GOES DOWN, THEN ONE CAN SEE THE LEVEL UP TO 11,487 AND 11,200. AS THE KUMO IS STILL BULLISH ONLY, A COME BACK IS EXPECTED TO LEVEL OF 11,870.

Sunandamedi

DAY CHART OF SBIN STILL SHOWS THE TARGET AT 400. THE PRICE SHOULD BOUNCE BACK FROM HERE. WAIT FOR TRADING ABOVE 360 AS A CONFIRMATION.

Sunandamedi

NESTLE MAY COME DOWN UP TO 11662. AND, THEN IT MAY BOUNCE BACK. HOLD YOUR BREATH. ONE OF MY CALCULATIONS FOR A LONG PERIOD SHOWS THE PRICE OF NESTLE MAY REACH 13,000 AND FINALLY 16,000. PLEASE SEND YOUR VIEWS / PUT COMMENTS, SUCH THAT EVERY ONE MAY BENEFIT.

Sunandamedi

NIIT TECH IS SURELY ON THE WAY TO REACH 1400+. IT SEEMS READY TO CROSS THE LEVEL CROSSING AT 1359. EVEN WHEN THE MARKET FELL SO BIG, THIS LOST ONLY 0.94%, WHICH SHOWS THE STRENGTH IN THE SHARE. FUTURE CLOUD LOOKS BULLISH.

Sunandamedi

BN COULD NOT BREAK THROUGH THE 31660 LIMIT. THE DOWNSIDE SEEN IS UP TO 30175. THERE IS A VERY GOOD SUPPORT AT THAT LEVEL. AND, AS THERE IS NO KUMO TWIST VISIBLE, THE BN IS EXPECTED TO COME BACK TO 31000 LVL. BUT, THE OVERALL TREND IS POSITIVE ONLY.

Sunandamedi Updated 

WITH THE BUDGET EFFECT, THE DOWNFALL ON THE DAY HAS GENERATED THE NEW DOWNWARD TARGETS FOR NIFTY. LIKELY TO REACH : 11545 IN THE COMING WEEKS. BEFORE THAT : IT WILL TRY TO REACH 11860. GOOD SUPPORT EXISTS AT : 11784 / 11687 / 11649.

Sunandamedi

DIVIS HAS A BUY SIGNAL. THE TARGET LIKELY TO BE ACHIEVED IS 1676 IN THE COMING DAYS. STOP LOSS MAY BE PLACED AT 1552.

Sunandamedi

THE PRICE MOVEMENT IS SEEN TO BE TOWARDS 1278. AFTER THAT ONE MORE TIME, NEED TO BE WATCHED. AS PER JUNE 5, POST THE PRICE REACHED TARGET OF 1400.