Sunandamedi

Sunandamedi Updated 

DAY CHART INDICATES DOWNWARD MOVEMENT TO 161. BUT, THE HOUR CHART SHOWS BULLISHNESS. MAY BE THE SUCCESS OF US-CHINA WILL SEE THE CRUDE PRICE TO COME DOWN. AND, THE ONGC WILL BECOME BULLISH. IF YOU WANT TO GO SHORT KEEP STOP LOSS AT 172. IF ONE WANTS TO GO LONG WATCH CRUDE PRICES.

Sunandamedi

WATCH OUT FOR EVENING STAR FORMATION TOMORROW. TOMORROW'S MOVEMENT WILL GIVE THE CONFIRMATION. IF THERE IS A BEARISH CANDLE, THEN THE DEFINITION OF EVENING STAR FITS AND ONE CAN SHORT.

Sunandamedi Updated 

JSW STEEL HAS FORMED A DOJI WITH HIGH OF 279 AND A LOW OF 273. IF IT BREAKS LOW, THEN 265 WILL BE SEEN. IF IT MOVES INTO BULLISH ZONE (CLOSE ABOVE 279), THEN 298 AND 320 ARE POSSIBLE IN THE COMING WEEKS. CLOUD IS VERY THIN AND IT SHOULD NOT BE A PROBLEM TO MOVE INTO BULLISH AREA.

Sunandamedi

DOWNFALL STARTED JULY LAST YEAR. LET US SEE WHETHER THE DOWNFALL IS HALTED NOW!

Sunandamedi

ANOTHER INSURANCE COMPANY AGAIN AT NECK LINE. THIS ONE IS READY TO GO UP TO 764. TRADE ABOVE 730 LVLS. SEE THE MONEY ENTERED IN THE CHANNEL ZONE. AGAIN 45% - 50% DELIVERIES FOR THE LAST FEW DAYS. DEL STATS : 5 D - 35L; 10 D - 21L AND 30 D - 11L.

Sunandamedi

THE SHARE PRICE IS BEARISH BUT GETTING GOOD SUPPORT AT 1109. ONCE IT GETS DOWN, THEN THE NEXT TARGETS ARE 1060 AND 1005. BEARISH FLAG POLE OBSERVED ON 25 JUNE. AS OF NOW, CHART IS GIVING SELL SIGNAL. BUT THE DELIVERY IS 70% AND THE MONEY FLOW CHART INDICATE OTHERWISE. BE CAREFUL.

Sunandamedi

ICICI PRU HAD RISEN AS ANALYZED IN THE EARLIER POST. THIS TIME 400 IS THE EXPECTED TARGET. JOURNEY TOWARDS 420 WILL BE THE NEXT. DELIVERY IS NEARLY 50% FOR THE LAST 2 WEEKS.

Sunandamedi

SHARE PRICE IS NEARING BREAK OUT LEVEL AT 468. ONCE IT STARTS TRADING ABOVE THIS, THEN 480 AND 500 CAN BE KEPT AS TARGETS. THERE WILL BE RESISTANCE AT 480 LVL. THE DELIVERY IS 50% OUT OF 40 LAKHS TRADED. FOR MORE THAN A WEEK, THE DELIVERED SHARES ARE MORE THAN 50%. IF IT DROPS, THEN ENTRY CAN BE MADE AROUND 440.

Sunandamedi

VEDANTA APPEARS TO GET SUPPORT AT 174.3 AND IS MOVING IN UPWARD CHANNEL. IF THE SUPPORT IS BREACHED THEN 167 IS DOWNSIDE TARGET. IF IT STARTS MOVING UP, THEN 181.4 IS THE NEXT TARGET. BETTER WAIT FOR PRICE TO CROSS 178 FOR GOING LONG IN THIS SCRIP.

Sunandamedi

AS MENTIONED IN THE 21ST JUNE POST TCS HAD COME NEAR TO 2216. YESTERDAY CLOSE LOWER THAN THE LOW OF THE DOJI FORMED. IT IS VERY CLEAR FROM THE DAY CHART THE WAY IT IS GOING TO MOVE IN THE COMING DAYS. EXPECT TARGETS OF 2183 - 2163.

Sunandamedi

THIS TIME INVERTED H&S CROSSED. FALLING CHANNEL IS CROSSED AND TRADING IS BEING DONE ABOVE THESE AREAS. CLOUD CROSSING IS NOT FAR OFF. WILL BECOME BULLISH AS SOON IT CROSSES & STARTS TRADING AT 90. TARGETS ARE 107 AND 110. WAIT FOR TRADING IN THE 90+ RANGE TO ENTER LONG.

Sunandamedi

BREAK OUT OF INVERTED H&S OBSERVED IN THE DAY CHART. IF THE PRICE STARTS MOVING UP, THEN 1600 AS TARGET CAN BE EXPECTED. STOP LOSS CAN BE KEPT AS THE NECK LINE OR AT 1534. IN THE WEEKLY CHART 1555 IS THE RESISTANCE. IF THIS IS CROSSED THEN JOURNEY IS TOWARDS 1600+.

Sunandamedi

BULLISHNESS IN ALL THE FORMATS. SEEMS TO BE REACH TARGET OF 120 IN THE COMING WEEKS. IT HAS TO CROSS 108.6, WHICH IS DOUBLE TOP AT THE PRESENT. ONCE THE ABOVE PRICE IS CLEARED THEN ONE MAY CONSIDER ENTERING LONG.

Sunandamedi Updated 

IF IT CROSSES 365 & THE DAY CHART WILL GIVE A BUY SIGNAL, THEN EXPECT MUCH MORE BULLISHNESS AND HIGHER TARGETS. BUT, AS PER ICHIMOKU, A REVERSAL IS EXPECTED IN 1-2 DAYS. I OPINE THAT SHORT AT 364 WITH A STOP LOSS AT 368.

Sunandamedi

AXIS BANK HOUR CHART INDICATES PRICE TO MOVE UP TO 823 ONE MORE TIME. IF IT CROSSES THIS LEVEL FURTHER ACHIEVING OF HIGHER LEVELS ARE FORESEEN.

Sunandamedi

THE COMPANY SHARE PRICE IS IN UPWARD CHANNEL IN DAY CHART. THE SUPPORT LEVELS ARE MOVING TOWARDS HIGHER SIDE. ONCE IT CROSSES 117.5, THEN IT A SIGNAL FOR SHARE PRICE TO MOVE TO 122. OBSERVE THE ACCUMULATION IN THE PRICE BANDS 111.9 - 115.3 AND 115.3 - 117.2. MAY BE THE BUDGET WOULD PROVIDE RELIEF MEASURES / STEPS FOR NBFC'S. THEN THE MOVEMENT WILL BE DIFFERENT.

Sunandamedi

DAY CHART INDICATES THE PRICE MAY COME UP TO 2420 LEVELS. THEN IT WILL START MOVING UP TO 2470 AND BEYOND. EVERY THING SEEMS TO BE GOING GOOD FOR THIS SCRIP.

Sunandamedi

HOUR CHART HAS GIVEN A SELL SIGNAL AND THE PRICE IS IN THE BEARISH TERRITORY. THE STOCK IS IN THE DOWNWARD CHANNEL. THE STOCK MAY GO DOWN TO 106 - 104 LEVELS. ALSO, THE DIFFERENCE BETWEEN BULLISH & BEARISH AREAS IS VERY SMALL. ANY WAY, STOCK IS POISED TO MOVE UP TO 118 (INDICATED BY THE CLOUD TWIST).