Sunandamedi

Sunandamedi Updated 

HDFC CAN BE BOUGHT ABOVE THE 2198 LEVELS FOR THE TARGET OF 223O IN THE COMING WEEK. KEEP STOP LOSS AT 2195 LEVEL.

Sunandamedi

A BUY SIGNAL GENERATED IN DAY CHART/ IF TODAY'S HIGH IS CROSSED (534), THEN EXPECT THE TARGETS OF 559 AND 589 IN THE COMING WEEKS. MAINTAIN STOP LOSS AT 510.

Sunandamedi

SUN TV APPEARS TO BE HIGHLY BEARISH NATURE. CHARTS INDICATE PRICE LEVEL OF 525 AND 514 DURING THE COMING WEEKS. BEFORE THAT THE PRICE IS EXPECTED TO MOVE UP TO 560 (AS INFORMED IN THE LAST POST). SO, SELLING CAN BE INITIATED AT 560 LEVELS FOR TARGETS OF 525.

Sunandamedi

AS PER MY LAST POST SHARE PRICE CAME DOWN AND TOUCHED BOTH THE TARGETS. RECENT CHART MOVEMENTS SUGGEST THAT DR REDDY MAY MOVE UP TO 2800. BEFORE THAT IT WILL REACH 2549. HOURLY CHART DEPICTS THIS PRICE LEVEL. IF ONE ENTERS AT 2550, THEN KEEP STOP LOSS AS 2506.

Sunandamedi

TATA CHEM SEEMS TO HAVE TARGET OF 673. BEFORE THAT IT HAS TO CROSS THE 637 AND THE RECENT RESISTANCE @ 643.9. IF THE PRICE DROPS BELOW 619, THEN ENTER AT 600 LEVELS (STOP LOSS @ 582). IF THE PRICE GOES BEYOND 633, BUY FOR THE ABOVE MENTIONED TARGETS WILL BE REACHED. ANY WAYS, BUY ENTRY LEVELS DEPENDS UP ON THE DIRECTION OF MOVEMENT.

Sunandamedi

YES BANK PRICE IS EXPECTED TO REACH 135 LEVEL. CURRENT PRICE WAS SEEN IN 2016. ALL THE SIGNALS ARE IN BEARISH MODE. BUT, ONCE IT STARTS REVERSING THEN EXPECT THE TARGETS OF 155 AND 176 IN THE COMING WEEKS. MY ESTIMATION IS IT SHOULD BE 42 DAYS.

Sunandamedi

BUY RIL AT THE RANGE OF 1311-1305 FOR NEXT WEEK TARGETS OF 1321 / 1337 & 1354. KEEP STOP LOSS AT 1300, WHICH PROVIDES GOOD SUPPORT FOR RELIANCE. ALL THE BEST WISHES!! (PLEASE NOTE THAT THE ICHIMOKU INDICATORS HAVE GIVEN SELL SIGNAL, BUT THE WAVE THEORY GIVES THE ABOVE MOVEMENT AND TARGETS. HENCE, THE STOP LOSS LEVELS IS KEPT VERY NEAR.)

Sunandamedi

HOUR CHART OF NIFTY 50 INDICATES THAT THE MOVEMENT FOR NEXT WEEK COULD BE UP TO 12005 ONCE THE 11887 LEVEL IS CLEARED. IF IT BREAKS THE SUPPORT AT 11887 THEN THE LOWER SIDE COULD BE 11863 ONE MORE TIME.

Sunandamedi

ACC 15M - CHART APPEARS TO HAVE FORMED A ROUNDING BOTTOM. NEXT WEEK TARGETS ARE 1623 & 1659. STOP LOSS TO BE KEPT AT 1578.

Sunandamedi Updated 

NIFTY CAN BE SHORTED FOR 11822 AND ALSO 11736 FOR THE NEXT WEEK. CONDITION IS THE SUPPORT LINE @ 11906 IS TO BE BREACHED. WHICH SHARE WILL DRAG THE INDEX DOWN?

Sunandamedi Updated 

PLEASE SEE THE CHART!

Sunandamedi Updated 

15 MIN CHART INDICATES TATA MOTORS GOING TO 171 LVL, ONCE 172.9 (VERY STRONG SUPPORT) IS BREACHED ON THURSDAY. HOURLY CHART HAS GRAVE STONE DOJI DURING THE LAST HOUR TODAY. DAY CHART INDICATES 169 LEVEL.

Sunandamedi Updated 

BULLISH FLAG POLE. "W" SHAPE BREAK OUT @ 1321 LVL. WHETHER PENNANT WILL FORM OR FLAG? WAIT FOR SOMETIME, ENTER AT 1325 LVL WITH STOP LOSS @ 1310. HIGHER SIDE TARGET IS 1400+. (IT TOOK 50 DAYS FROM MY LAST POST (10TH MARCH) AND TWICE IT HAD REACHED THE STOP LOSS LEVEL).

Sunandamedi Updated 

ITC HAD MOVED DOWN WITH HUGE VOLUMES AND FORMED A GRAVE STONE DOJI. ONCE THE PRICE OF 279 IS BREACHED, TARGET IS 274. A PERFECT CASE FOR SHORTING, AS PER ICHIMOKU.

Sunandamedi Updated 

SHOOTING STAR FORMED. MONEY FLOW CHART IMPLIES THAT PROFITS MAY BE BOOKED. FIB LEVELS ALSO INDICATE THE SAME. PLEASE DO NOT ENTER LONG NOW.

Sunandamedi

MULTIPLE TOPS @ 11738! DOJI FORMATION YESTERDAY. IF IT BREAKS ABOVE THE TOP LINE, THEN WATCH OUT FOR NEW TARGETS. IF THE LOW OF DOJI IS BROKEN THEN EXPECT LEVELS OF 11,150. AS PER MY OBSERVATION, IT WILL REACH 11,200 LEVEL AND THEN START MOVING UPWARDS.

Sunandamedi

AN INVERSE H&S SHOULDER ALONG WITH A BUY SIGNAL IS SEEN. VOLUMES ARE HIGH WHEN THE PRICE IS INCREASING AND LOW WHEN THE PRICE HAD FALLEN DURING THE LAST FEW DAYS. MONEY FLOW HAD STEADILY INCREASED INTO THE SYSTEM. COMBINED ALL OF THIS, A BREAK OUT ABOVE THE NECK LINE SHOULD SEE THE TARGETS OF 1380 (MAJOR RESISTANCE) AND 1450. AT NECK LINE, THERE IS A GRAVE...

Sunandamedi

DABUR MET WITH THE RESISTANCE @ 411, WHICH IS A MAJOR ONE. LONG CAN BE INITIATED ONLY WHEN THE PRICE CROSSES THE RED CLOUD AREA. IN OTHER WORDS, LET THE PRICE CROSS 411 OR THE PRICE OF 405 BE MAINTAINED FOR NEXT 5-6 DAYS. TARGETS ARE 420 AND 432. IF YOU WANT TO BE AGGRESSIVE, SHORT IT FOR TARGET OF 390. KEEP STOP LOSS @ 405.