Sunandamedi

Sunandamedi

AL DAY CHART HAS GIVEN A BUY SIGNAL. AND, A CUP & HANDLE SHAPE IS OBSERVED WITH NECK LINE AT 97.8. TO BECOME BULLISH AL HAS TO ABOVE 94. BUYING CAN BE INITIATED ONCE THE PRICE CROSSES & TRADES ABOVE THE CLOUD AREA.

Sunandamedi

INTERESTING TRADING SCENARIO IS EMERGING! THE SCRIP "SEEMS" UNABLE TO MOVE BEYOND 157. IF IT CROSSES 157 THEN 166 / 169 AND 172 ARE THE LIMITS HIGHER SIDE. IT IS AT SUPPORT @146. IF IT BREACHES THIS LVL, THEN EXPECT 130 AGAIN. WHICH DIRECTION WILL IT TAKE? MONEY FLOW IS NOT GIVING IDEA. MY IDEA IS BUY AT LOWER LEVELS FOR FUTURE TARGETS OF 175 & 190.

Sunandamedi

AS PER MY EARLIER PROJECTIONS KSCL MET THE TARGET AT 532. START EXITING THE STOCK AT 553 AND 574 LEVELS. AFTER THAT A FALL IS EXPECTED. PLEASE DO NOT ENTER AT THIS STAGE!

Sunandamedi

FROM THE CHARTS & PATTERNS OBSERVED, VADILAL IS EXPECTED TO GO DOWN UP TO 501 (CHANNEL LOWER LINE). IF IT BREACHES THAT EXPECT THE PRICE TO GO FURTHER DOWN TO 435 LEVELS IN THE FUTURE.

Sunandamedi Updated 

FOR TOMORROW, FROM THE WEEKLY CHARTS, THE TRADING RANGE APPEARS TO BE : LOWER SIDE - 11406 HIGHER SIDE - 11944. THIS IS BECAUSE OF THE DOJI IN THE DAY CHART WITH HIGH OF 11800 AND LOW OF 11700, TODAY.

Sunandamedi

GRANULES MAY GO DOWN TO 102 AT THE LEAST. LOOK AT THE HIGH DELIVERY PERCENTAGES OF 55%+ EVERY DAY. THIS INDICATES SOME BIG ONE IS ACCUMULATING AT THESE LEVELS. IT IS A PRACTICE BY THEM TO ACQUIRE AT LOWER LEVELS AND THEY SEE IT THAT ALWAYS THE PRICE GOES DOWN TILL THEIR REQUIREMENT IS MET. THIS ENSURES THAT WEEK HANDS GIVES AWAY AND MORE SHARES ARE AVAILABLE...

Sunandamedi

BATA, AS PREDICTED IN MY EARLIER POST, REACHED 1314. AGAIN IT HAS RISEN TO 1404 FORMING RIGHT SHOULDER. TO COMPLETE THE FORMATION, THE PRICE IS EXPECTED TO REACH 1314, ONE MORE TIME. PLACE STOP LOSS @ 1422.

Sunandamedi

PC JEWELERS IS TAKING SUPPORT @ 106 LVL (50% FIB LEVEL OF THE EARLIER RISE). IF IT FALLS FURTHER, THEN IT MAY REACH 92. FROM THE CHART IT APPEARS THAT PC WILL GO TO 160. IF IT CLOSES ABOVE 163, THEN NEXT TARGETS ARE 204 AND 237. FROM THE INVESTMENT PERSPECTIVE, PCJ CHART APPEARS TO BE QUITE ATTRACTIVE.

Sunandamedi

PLEASE SEE THE CHART FOR TRADING LEVELS.

Sunandamedi

DR REDDY SEEMS TO BE HEADING FOR 2379 LEVELS. REASON? SELL SIGNAL OBTAINED AT 2800 AND SINCE THEN PRICES ARE GOING DOWN. OTHER INDICATOR INDICATES THAT INVESTORS HAVE MOVED OUT. NATURALLY, THE PRICE TENDS TO GO DOWN. LET US SEE THE REASON TO COME OUT. STOP LOSS - 2693.

Sunandamedi

WEEKLY CHART OF YES BANK SHOWS A GRIM PICTURE. THE FUTURE LEVELS SEEN ARE : 121 & 82. WHAT COULD BE THE REASON? FROM WHERE WILL THE BOUNCE BACK HAPPEN?

Sunandamedi

MARICO IS IN UPWARD MOTION WITH TARGETS OF 381 & 392. MAINTAIN STOP LOSS @ 354. THE UPTREND IS CONFIRMED WHEN THE PRICE BREAKS THROUGH THE 370 LVL.

Sunandamedi

V GUARD HAD TAKEN SUPPORT @ FIB 62% LEVEL. NEXT LEVEL EXPECTED IS 218. IF IT CROSSES 216 THEN 230 IS THE POSSIBILITY. STOP LOSS TO BE TODAY'S REVERSAL PRICE @ 198.

Sunandamedi

ARE THE RESULTS GOOD? CANARA BANK HAD RECEIVED SUPPORT AT 260 AND STARTED MOVING UP. ONCE IT CLEARS THE 271.5 LEVEL, THE TARGET CAN BE KEPT AS 277. STOP LOSS IS 260.

Sunandamedi

SBIN WITH THE IMPROVED RESULTS CAN MOVE UP TO 315 AND 321. MAINTAIN STOP LOSS @ 300

Sunandamedi

IF TODAY'S BOUNCE BACK IS REAL, THEN 177 OR 184 IS THE NEXT TARGET. WHICH ONE WILL IT BE? REASON? I SHALL POST IT BY WEEKEND. LONG TERM - ONE MORE TIME 245 POSSIBLE?? STOP LOSS - TODAY LOW - 156.5.

Sunandamedi

AS PER MY APRIL 27TH REVIEW, COLPAL CAME UP TO 1150. THE DRAGONFLY DOJI SHALL MAKE THE PRICE TO GO UP TO 1166 AND 1231. PLACE STOP LOSS AT TODAY'S LOW.

Sunandamedi

AS PER MY ANALYSIS FROM ICHIMOKU & GUPPY ANALYSIS, TRADERS APPEARS TO BE MOVED OUT OF TITAN. MAX IT CAN MOVE TO A HIGH OF 1116. TITAN TO MOVE DOWN TO LEVELS OF 1065 & 1015 IN THE COMING DAYS.