Sunandamedi

Sunandamedi

IF ONE HAD PURCHASED, THEN, FROM THE CHARTS, THE EXIT LEVELS MAY BE PLACED AT 157 AND 164. LET THE CLOUDS GET CLEAR, EVALUATE FUNDAMENTAL ASPECTS OF THE COMPANY BEFORE GOING LONG. WAIT FOR NOW.

Sunandamedi

HOURLY CHART INDICATES THAT YES IS MOVING IN A RANGE BETWEEN 173 AND 177. ONCE IT CLOSES BELOW 173, THEN EXPECT THE TARGETS AT 166 AND 159. WEEKLY CHARTS ALSO INDICATE THE SAME.

Sunandamedi

TATA STEEL TO TOUCH 535 LVL. EXPERIENCING MULTIPLE RESISTANCES AT 560. RECENT CLOSE IS LESS THAN THE LOW OF THE "DOJI" FORMED THE PRIOR DAY (02ND MAY). SUPPORT IS AT 535. MAINTAIN STOP LOSS.

Sunandamedi

HOURLY CHART SHOWS TRADING IS IN BETWEEN 11664 - 11800. THE TRADING HOUR FROM 1:15 - 2:15, SAW SELLING AND THE SUPPORT LINE WAS BREACHED. THE LAST TRADING HOUR RESULTED IN A "GRAVE STONE DOJI" IN THE CLOUD. IT GOT SUPPORT AT 11,704 LEVEL. THERE IS A VERY THIN CLOUD INDICATING THAT IF IT BREACHES 11696, THE SENTIMENT BECOMES BEARISH.

Sunandamedi

DAILY CHART HAS H&S FORMATION ALONG THE INCLINED TREND LINE. IT IS IN COMPRESSION MODE. BREAKING THE TREND LINE WILL TAKE THE LEVEL TO 29202 / 28876. HIGHER SIDE IS, THE INDEX HAS TO CLOSE ABOVE 30,140, TO BE BULLISH.

Sunandamedi

THE TRADING RANGE IS OBSERVED TO BE 110 & 147. MULTIPLE BOTTOM AT 110. BREAKING OF THIS SHOULD SEE FURTHER DOWN TO 90. IF IT STARTS TO MOVING UP IT WILL GO UP TO 124. IT ALL DEPENDS ON THE POSITIVE NEWS FROM THE MANAGEMENT.

Sunandamedi Updated 

HOURLY CHART SHOWS "SHORT" CAN BE DONE FOR TARGET - 426. STOP LOSS - 438.

Sunandamedi Updated 

FROM THE CHARTS, IT IS OBSERVED THAT HDFC WILL TOUCH 2030. STOP LOSS AT 1935.

Sunandamedi

STAR IS MOVING IN AN UPWARD CHANEL. DIRECTION FOR TRADING IS SHOWN IN THE CHART. PLEASE MAINTAIN PROPER STOP LOSS!!

Sunandamedi

BASED ON THE INFORMATION AVAILABLE THROUGH THE MEDIA, THE FOLLOWING SCENARIO EMERGES FOR SMALL INVESTORS IN YES BANK. MUTUAL FUNDS (MF'S) LOST RS. 10,000 CR OUT OF RS. 16,000 CAPITAL LOSS ON TUESDAY. THIS LOSS WILL NOT BE BEARABLE BY MF'S AND THEY WILL TRY TO TAKE A WAY OUT. (EX : TATA MOTORS) BEFORE THAT THERE WILL BE PRICE REDUCTION UPTO 128 LEVELS. AND, THE...

Sunandamedi

RBL BANK SHARE IS IN PENNANT MODE. WAIT FOR THE BREAKOUT. UPPER SIDE IS 776. LOWER SIDE IS 630. MOSTLY UP SIDE BREAK OUT IS EXPECTED.

Sunandamedi

PLEASE SEE THE CHART.

Sunandamedi

AS OBSERVED FROM THE CHARTS, PULL BACK IS HAPPENING.

Sunandamedi

SHORT FOR A TARGET OF 213.3. STOP LOSS OF 217.

Sunandamedi Updated 

PRICE INCREASE WITH HUGE VOLUMES AND MONEY ENTERED AT LOW LEVELS INDICATES PRICE TO TOUCH 588. (3.81 CR TRADED WITH 18% DELIVERY) BUY SIGNAL GENERATED IN DAY CHART. PLACE STOP LOSS @ 522.

Sunandamedi

CHARTS INDICATE 2950 AGAIN. IF IT CROSSES 2950, THEN IT WILL TAKE IT TO 3250. STOP LOSS @ 2848.

Sunandamedi

BAJAJ ELECTRICALS WILL BE SEEING 625 ONCE THE RESISTANCE AT 585 IS CROSSED. PLACE STOP LOSS @ 550.

Sunandamedi

SOBHA AFTER TOUCHING 525 CAME BACK TO 488 LEVEL. IT APPEARS THAT STOCK WILL TOUCH 502 AND ON SUCCESSFUL CLOSING ABOVE IT WILL TOUCH 520 AGAIN. KEEP STOP LOSS @ 476.