HOUR CHART INDICATES MOVEMENT TO 424 IN ADANI PORTS. NOT COMFORTABLE AT THIS PRICE??? DO NOT BUY. DO NOT SHORT, AS IT IS POSITIVE IN DAY CHART ALSO.
BOTH DAY & HOUR CHARTS ARE BEARISH. THE PRICE LEVEL FOR SUPPORT SEEMS TO BE AT 1340. DELIVERY PERCENTAGE - 74%.
JUST DIAL DAY CHART SHOWS DOUBLE BOTTOMS AND DOUBLE TOPS. ONCE, THE PRICE CLOSES ABOVE 765, THEN 800 WILL BE SEEN AGAIN. IT HAS TRIPLE BOTTOMS & TOPS AT 748 & 776 RESPECTIVELY, FOR THE PAST THREE DAYS. OPERATOR IS PLAYING A BEAUTIFUL GAME. IF THE PRICE COMES UP TO 730 LEVELS, ENTRY FOR LONG CAN BE CONSIDERED. KEEP STOP LOSS AS PER YOUR RISK APPETITE. BUT,...
SUN IS A SELL IN 15M AND DAY CHART. BUT, IT IS NOT YET IN THE HOUR CHART. SELL AT 529 WITH STOP LOSS @ 545. HIGH LEVEL STOP LOSS BECAUSE TRADERS ARE DOING ALGO BASED SYSTEM AND MOST OF THE TIME INTRA DAY STOP LOSSES GET TRIGGERED. TARGETS ARE 518 AND 509 IN THE COMING DAYS.
PLEASE SEE THE CHART FOR SUPPORT & RESISTANCES. IN MY OPINION, IT SHOULD SEE RESISTANCES ONLY i.e. MOVE UP SIDE.
IT IS MOVING IN A BAND BETWEEN 505 & 513 FOR THE LAST 10 DAYS. BREAKING ON EITHER SIDE OF THIS SHALL SET THE DIRECTION. LEVELS ARE MENTIONED IN THE CHART.
IT BECAME BULLISH IN THE DAY CHART. DRAGON FLY SORT OF DOJI IS FORMED. PRICE IS EXPECTED TO MOVE TO 250+ LEVELS IN THE COMING DAYS.
VOLTAS HAD TRADED WITH NEARLY 26 LAKHS VOLUME TODAY. INVERTED H&S IS CLEARLY VISIBLE IN THE CHARTS. BREAKING OFF 637 SHOULD SEE NEXT PRICE LEVELS OF 664 & 684. ENTER AFTER 638 AND KEEP 634 AS THE STOP LOSS.
BEL DAY CHART INDICATES BULLISHNESS AND THE PRICE IS EXPECTED TO MOVE UP TO 120. TODAY CLOSE CROSSED THE PREVIOUS DAY HIGH OF THE DOJI FORMED.
GRAVE STONE TYPE DOJI FORMED TODAY. MARICO MAY GO DOWN TO 363 AND 357 IN THE COMING DAYS. STOP LOSS MAY BE KEPT @ 373.
IT HAS FORMED A DOJI TODAY. IF IT MOVES BEYOND 1778, THEN NEXT TARGET SHOULD BE 1800+. IF IT BREAKS 1756, THEN PRICE CAN REACH UP TO 1729. DELIVERY PERCENTAGE 81%, MONEY FLOW AT LOW. MY INFERENCE IS IT SHOULD GO UP.
AFTER 5 MONTHS OF ACCUMULATION, IT HAS GIVEN A BREAK OUT TO RS.64 IN ONE DAY. HEAVY PROFIT BOOKING AT 455 LEVELS MADE THE PRICE TO COME TO CLOSE AT 415. NOW, IT SEEMS THAT 375 LVL WILL BE REACHED BEFORE TAKING ANY OTHER DIRECTION. (SEE MY PREVIOUS POST RECOMMENDING HEXAWARE ON 20TH APRIL).
COAL INDIA CAN BE SHORTED FOR TARGETS OF 250 / 247. KEEP STOP LOSS @ 261.
SOBHA BULK DEAL OF 4 MILLION SOLD ON 21ST IS THE REASON FOR FALL. 1 MILLION WAS PURCHASED BY FRANKLIN TEMPLETON @ 505. & THE REST WAS ALSO PURCHASED BY TWO OTHERS AT THE SAME PRICE. THE DEAL PRICE CAME UP TO 50% OF THE FIB LEVEL. THE NEXT TARGET FOR SOBHA IS EXPECTED TO BE 540.
V-GUARD HAD MOVED PERFECTLY AS EXPECTED IN MY POST DT 10TH MAY. NOW, THERE IS A REVERSAL WHICH IS EXPECTED TO SEE THE PRICE LEVEL OF 221. SHORT AT 239 LEVEL & MAINTAIN STOP LOSS AT THE RECENT HIGH OF 246.
SHORTING CAN BE CONSIDERED AT 244 WITH STOP LOSS AT 247. TARGET OF 231 CAN BE KEPT. MONEY FLOW CHART SHOWS MONEY FLOW OUT OF THE SYSTEM. OTHERWISE, IT IS BULLISH IN ALL THE FORMATS.
MONTHLY CHART DEPICTS THREE BLACK CROWS FORMATION. LET US WISH THAT JUNE QUARTER RESULTS & NEW INVESTMENTS MAKE A REVERSAL OF PRICE TO 175. CHARTS IN DAY SHOW SLOWING DOWN OF THE PRICE FALL. MAY BE THE SHARE PRICE REACH 100 AGAIN AND FORM DOUBLE BOTTOM AGAIN. ALL THE BEST FOR LONG!!
BULLISH IN DAY & HOUR CHART. BEARISH IN 15M CHART. ENTER FOR LONG AT 273 LVL FOR TARGETS OF 277 AND 281. KEEP STOP LOSS AT 270.