THE HOUR CHART AND DAY CHARTS INDICATE THE PRICE COULD GO TO 134 AND ON CROSSING THIS 137 IS THE LIKELY TARGET. ENTER WITH A STOP LOSS OF 132.
HOUR CHART INDICATES PRICE UP TO 514 AND THEN THE PRICE SHOULD FALL TO 502 AND 498 LEVELS. THERE IS A DOJI IN DAY CHART AND THE PRICE ABOVE 509 HAD GOT REJECTED THRICE.
NOCIL DAY CHART IS BULLISH BUT THE HOUR CHART IS ALL BEARISH. WAIT FOR PRICE LEVEL OF 120 FOR ENTRY. THERE IS A CLOUD TWIST AND THE SHARE PRICE SHOULD START REVERSING AGAIN. ON CROSSING 131, IT WILL BE IN BULLISH ZONE AND 140 CAN BE SEEN.
ENTER LONG IN GAIL AT 305-6 LEVELS FOR TARGETS OF 312 AND 319 IN THE COMING DAYS. CROSSING 312 IS IMPORTANT TO ACHIEVE 319. STOP LOSS CAN BE KEPT AT 300.
HOUR CHART OF HDFC BANK INDICATES BUYING FOR LEVELS OF 2460 AND 2502. MULTIPLE TOPS AT 2460. ENTER LONG WITH STOP LOSS AT 2408. IT IS POSITIVE IN DAY CHART TOO.
LTTS IS IN SELL MODE FOR THE COMING DAYS WITH TARGETS AS SHOWN IN THE CHART. KEEP STOP LOSS AT 1750. THE FALL MAY NOT BE DRASTIC BUT IN STEPS : 1739 / 1722 / 1711 AND 1704.
HOURLY CHART INDICATES PRICE LEVELS OF 1328 AND 1350, ONCE IT CROSSES THE CLOUD. THE CLOUD IS VERY THIN AND IT SHOULD NOT TAKE MUCH EFFORT AS THE DAY CHART IS BULLISH. KEEP STOP LOSS @ 1305.
AS MENTIONED IN THE JUNE 1 POST, TCS TOUCHED 2274 AGAIN. NOW, THE STOCK IS LIKELY COME BACK TO 2225 IN THE COMING DAYS. IT IS GETTING SUPPORT @ 2248.
ALL THE FORMATS ARE SHOWING BULLISHNESS IN L&T. PRICE LEVEL IN THE COMING DAYS ARE EXPECTED TO BE 1539 ,1550 & 1560. WAIT FOR CONFIRMATION AT 1529 TO BE CROSSED. IF THE PRICE MOVES DOWN, BUY AT 1516 AND 1521 LEVEL.
JD IS RETRACING THE EARLIER PRICE MOVE IN DAY CHART. FIB CHART SUGGESTS THAT 687 LEVEL. HOURLY CHART SHOWS BEARISH AND IS SHOWING PRICE LEVELS OF 709. 15 M CHART INDICATES NEXT DOWN MOVE COULD BE 709 IF 723 LEVEL IS BREACHED. SHORT CAN BE DONE AT 740 TO 747 LEVEL. KEEP STOP LOSS AT 750.
NCC CAN BE TRADED WITH TARGET OF 101 IN THE COMING DAYS ONCE IT CLEARS THE 98 LEVEL. KEEPING STOP LOSS AT 94 ONE MAY GO LONG IN THE SHARE.
THE SHARE PRICE MOVEMENT INDICATES THAT IT WILL REACH LEVEL OF 160 IN THE COMING WEEKS. MAY BE DELAYED MONSOON COULD BE THE EFFECT.
NIFTY DAY CHART MOVEMENT SUGGESTS THAT THE INDEX MIGHT REACH 12168. IT HAS TO CROSS 12005. LET US SEE WHICH ONE WILL BE THE KEY MOVER WILL BE ITC / HDFC / HDFC BANK OR RELIANCE?
BPCL IS TAKING SUPPORT AT 382 AND IS REVERSING BACK. KEEPING 378 AS STOP LOSS LEVEL, BUYING CAN BE DONE FOR TARGETS OF 400 & 418. ALL THE BEST!!
RITES IS EXPECTED TO GO DOWN TO LEVELS OF 275 / 265 AND 257, IN THE COMING WEEKS. IT IS BETTER NOT TO ENTER AT THIS LEVEL. STOP LOSS CAN BE MAINTAINED AT 284.
GLENMARK HAS A GRAVE STONE DOJI FORMATION AT THE DOUBLE BOTTOM. VIOLATION OF 519 LEVEL SHOULD SEE 500 LEVEL. BUT, THE SHARE PRICE MAY MOVE UP TO 533. THIS WILL CONFIRM THE REVERSAL.
DAY CHART INDICATES THAT THE RESISTANCE AT 254 IS CLEARED AND ONCE THE SMALL RESISTANCE AT 271 IS CLEARED, THEN THE PRICE SHOULD MOVE UP TO 299. BUY WITH A STOP LOSS AT 252. ALL THE FORMATS ARE INDICATING BULLISHNESS IN THIS SHARE.
FROM THE 15M CHART, IT APPEARS THAT RIL WILL HAVE 1310 AS LOW LEVEL AND 1346 AT THE TOP. BUY IT AT 1310 LEVEL WITH A STOP LOSS OF 1300 FOR TARGET OF 1346.