A PERFECT DOJI OCCURED WITH LIMITS OF 885 - 893. BREAK TOWARDS ANY SIDE WILL GIVE THE DIRECTION. CRUDE PRICE SHOULD BE SETTING THE DIRECTION.
NEXT TARGET IS 272, ONCE IT CLEARS THE 257 LEVEL. MONEY FLOW IS INDICATING MONEY ENTERING AT THESE PRICES AT HEAVY VOLUMES. IF IT REACTS THEN 238 IS THE LOWER LEVEL, IF 242 IS BREACHED. WAIT AND ENTER AT LOWER LEVELS ONLY.
"SHORT" IS THE BEST STRATEGY, IRRESPECTIVE OF BLUE OR RED NECK LINE. YOUR COMMENTS PLEASE.
AS PER YESTERDAY'S POST, PENNANT ON HIGHER SIDE IS BROKEN. ON THE ROUTE TO 2400. ALL THE BEST!!
HUL HAS INVERTED H&S FORMATION. LEFT SHOULDER SHOULD FORM IF IT HAPPENS, THEN SHORT AT 1860+ LVL. OR AT THE NECK LINE (KEEP IT AS STOP LOSS ALSO) FOR TARGETS OF 1752 LEVEL.
WHIRLPOOL OF INDIA HAS A KUMO TWIST. THE CLOUD IS BEARISH AND THE PRICE HAD MOVED UPTO 1507 AND ENCOUNTERED A RESISTANCE. AS PER THE THEORY, THE PRICE IS EXPECTED TO REVERSE AND REACH THE 1400 LEVEL. THE VOLUME CHART SHOWS LOW VOLUME AT THE HIGH PRICES. THIS IS DONE FOR STUDY PURPOSE!
COLGATE PALMOLIVE HAS A WEAK BUY SIGNAL. THIS SHOULD SEE THE SHARE PRICE REACHING THE ABOVE TARGETS. ALL THE BEST!!
SUN TV HAS A BUY SIGNAL IN HOURLY CHART. CHARTS INDICATE PRICE OF 560 IN THE COMING DAYS.
AS PER MY PREVIOUS POST ON 28TH APRIL, PRICE HAD REACHED THE TARGET AND AN INVERTED H&S FORMATION IS OBSERVED. ON FRIDAY, THERE WAS A PRICE INCREASE WITH ABOVE AVERAGE VOLUMES. AS THE PRICE HAD CLOSED ABOVE THE NECK LINE (202), WE CAN EXPECT THE TARGETS OF 213 & 237. MAINTAIN PROPER STOP LOSS.
DIVIS SHARE COULD REACH 1500 / 1408 LEVEL ONCE THE SUPPORT 1590 PRICE. SEE THE GRAPH. SHARE IS TRADING BETWEEN 1620 AND 1590 DAILY. TRADE ONLY SHORT.ac
THE SHARE HAS 460 AS NEXT TARGET. BEFORE THAT IT MAY REACH 406 (50% FIB LEVEL). SIGNALS FOR BUY IN THE BULLISH ZONE IS OBSERVED. SHARE IS MOVING IN AN UPWARD CHANNEL. IF THE SHARE DROPS DUE TO ANY REASON IT MAY GO DOWN TO 382. HENCE, WAIT FOR SOME TIME AND THEN ENTER.
HDFC HAS PENNANT FORMATION TO A BULLISH FLAG POST. WAIT FOR BREAK OUT! AS PER MY PREVIOUS POST ON HDFC, THE NEXT TARGET SHALL BE 2400 LEVELS. OTHER FACTORS - BUY SIGNAL IN DAY CHART AND IN BULLISH ZONE. MONEY FLOW IS ENTERING EVEN AT THESE LEVELS. WORTH INVESTING AS THE FUNDAMENTALS ARE ALSO GOOD.
BOTH THE TARGETS GIVEN ON 7TH APRIL IS ACHIEVED. THE SHARE PRICE APPEARS TO COME DOWN UPTO 248 LEVELS. DAY CHART GIVEN BUY SIGNAL, PRICE IS IN BULLISH ZONE. TRADERS ENTRY SEEN. BUY WHEN THE PRICE COMES DOWN AS INDICATED BY MONEY FLOW CHART. TARGET IS 279. PROFITS AND FUNDAMENTALS ARE GOOD! CAN BE HELD FOR IF THE PRICE REACHES STOP LOSS LEVEL.
DAY CHART OF TCS INDICATES 2274 ONE MORE TIME. MONEY FLOW CHART SUPPORTS THE TARGET. ALSO, CHART INDICATES TRADERS HAVE ENTERED INTO THIS AGAIN! STOP LOSS IS 2121. BADA CUP CHOTA HANDLE.
HEG APPEARS TO HAVE TAKEN SUPPORT AT 1555. FIBONACCI RETRACEMENT IS 71% OF THE PREVIOUS GREAT RISE. WITH THIS AS STOP LOSS, LONG CAN BE ENTERED FOR ABOVE TARGETS. ICHIMOKU DAY CHART HAS GIVEN BUY SIGNAL. TO BE POSITIVE ENTER ABOVE 1780 LEVEL.
AS INDICATED BY THE CHARTS, PRICE REACHED THE LEVELS OF 1314. BREACHING OF THE LEVEL WILL TAKE BATA TO 1250. AND, IT SEEMS THE POSSIBILITY.
GAIL SHARE PRICE IS AT RESISTANCE LEVEL OF 365. LOOKING INTO THE MONEY FLOW CHART, IT APPEARS THAT THERE COULD BE PROFIT BOOKING AT THESE LEVELS. THE SHARE PRICE MAY COME UP TO 347 (STOP LOSS 366). IF A STRONG CLOSING ABOVE 365 HAPPENS, THEN THE NEXT TARGET IS 379. (FOR DIRECTION PLEASE SEE THE CRUDE & GAS PRICES).