Sunandamedi

Sunandamedi

AS PER MY ANALYSIS OF SIEMENS, THERE IS A LIKELY HOOD OF A PULL BACK UP TO 1310. FURTHER, THE HOUR CHART INDICATES THAT AFTER REACHING 1310, THE PRICE WILL GO DOWN TO 1220 LEVELS. OVERALL, THE PRICE MOVEMENT IS TOWARDS SOUTH.

Sunandamedi

TATA GLOBAL IS SEEN BREAKING OUT OF THE PENNANT DOWNSIDE. THE PRICE IS EXPECTED TO REACH TO 255-257 LEVELS, IN THE COMING WEEK. (AS PER MY EARLIER POST O5TH JUNE, THE SHARE PRICE TOUCHED THE TARGETS).

Sunandamedi

AS MENTIONED IN JUNE 30TH POST, THE TARGET OF 400 IS REACHED. WITH THE NEW BOOST TO THIS SECTOR IN BUDGET AND THE NEXT TARGET WILL BE 424. AS PER MY OBSERVATION, THE JOURNEY SHALL BE UP TO 440. TRADE WITH STOP LOSS PLACED AT 378.

Sunandamedi

CANARA BANK IS BULLISH AND APPEARS TO CROSS THE 306 LEVEL. ONCE THIS RESISTANCE IS CROSSED, THEN THE JOURNEY WILL BE TOWARDS 336. PLACE STOP LOSS.

Sunandamedi

BN HAD FORMED A DOJI AT 11660 ON BUDGET DAY. LOOK AT THE NO. TIMES TRADE VALUES AT 11660. ONCE THIS IS BROKEN, TARGET 32330 IS THE HIGHER TARGET. ALL THE BEST!

Sunandamedi

TRADING ABOVE 126 WILL SEE THE HIGHER TARGETS OF 138 IN THIS SHARE. OTHERWISE, IT MAY REACT TO 114 AGAIN. CROSSING OF THE PRICE ABOVE KIJUN LINE IS POSITIVE. WAIT FOR THE CONFIRMATION.

Sunandamedi

PNB MAY BE CONSIDERED FOR TARGET OF 90 IN THE COMING FEW DAYS. WITH A PROPER STOP LOSS IN PLACE ENTER ABOVE 84. ALSO, 123 AND 140 LVL ARE CLEARLY THE TARGETS IN THE COMING WEEKS.

Sunandamedi

SBI IS POISED TO GO 400 AS PER ICHIMOKU THEORY. THE SHAPE IS 'N'. THE LENGTH OF AB = 66 RS. IN THE 'N' SHAPE THE VALUE OF AB=CD, THEN FROM 'C', THE TERMINATING VALUE COMES AROUND 400. HOUR CHART CLEARLY DEPICTS THE MOVEMENT. AS PER THE ANALYSIS, IN THE COMING DAYS SBIN SHOULD BE ABLE TO TOUCH 400.

Sunandamedi

THE CHART IS SHOWING BULLISHNESS IN HOUR AND DAY FORMATS. THE TARGET IS 126 IN THE COMING DAYS. MAINTAIN A PROPER STOPLOSS.

Sunandamedi

TARGET AND SUPPORTS ARE MENTIONED IN THE CHART.

Sunandamedi

IT IS INTRESTING TO NOTE THE MOVEMENT OF BN IN THE HOUR CHART. DURING THE LAST TWO DAYS, THERE WAS A BIG RED CANDLE AND LATER ON THE INDEX ROSE TO THE HEIGHT OF THE CANDLE. TODAY, THERE IS A NOT SO BIG BULLISH CANDLE AND THE HEIGHT WAS COVERED BY SELLING. IN DAY CHART, THIS HAS TRANSLATED INTO A GRAVE STONE SORT OF DOJI. BUT, THE CLOSE IS ABOVE THE HIGH OF THE...

Sunandamedi

COMMENTS PROVIDED IN THE CHART.

Sunandamedi

Comcast-led consortium gears up to purchase ZEE: Report THE IMPACT OF THE NEWS ON THE STOCK PRICE IS OBSERVED ABOVE. CROSSING ABOVE 372 IS VITAL. HOUR CHART HAS GOOD SUPPORT AT 354. DAY CHART HAS GOOD SUPPORT AT 338.

Sunandamedi

ALL THE FORMATS BULLISH. HOURLY CHART HAS A PENNANT FORMATION TO A BULLISH FLAG POLE. LET THE PRICE CROSS 372 LEVELS, TARGET FORESEEN FOR AIRTEL IS 430 IN THE COMING WEEKS. WHAT NEWS COULD CAUSE SUCH A HUGE UP MOVE? MAY BE THIS ONE? (Bharti Airtel is likely to partner with private equity major Warburg Pincus to pick stake in Dish TV. Post-merger, the merged...

Sunandamedi

INDIA CEMENT IS BULLISH AND A CUP & HANDLE SHAPE FORMATION IS OBSERVED ALONG THE TREND LINE. ONCE THE PRICE CLOSES ABOVE 107 THEN THE NEXT TARGETS ARE 108 AND 112. IN CASE OF A FAVOR IN THE BUDGET THEN 120 WILL BE THE HIGHER TARGET.

Sunandamedi Updated 

BANK NIFTY HAS A BUY SIGNAL IN HOUR CHART, IN BULLISH ZONE. INVERTED H&S FORMATION. AT THE SAME TIME, THERE IS MULTIPLE TOPS AT 31425. CROSSING OF THIS LEVEL IS IMPORTANT FOR NEXT TARGET OF 31652 IN THE COMING DAYS.

Sunandamedi

ENGINEERS INDIA HAD REACHED THE TARGET OF 128 (SEE POST ON 06TH APRIL). NEXT TARGET IS 140. IF THINGS GO WELL, THEN EXPECT 160 AS THE OTHER TARGET. CROSSING 128 IS CRUICIAL.

Sunandamedi

DABUR HAS BUY SIGNAL AND THE PRICE TARGETS ARE : 413 / 419 AND 427. CLOUD CROSS OVER IS OBSERVED. IT MIGHT EXPERIENCE RESISTANCE AT 413.