AFTER REACHING A HIGH OF 168, THE STOCK IS MAKING CORRECTION UPTO 122. ANY BREACHING OF THIS LEVEL WILL SEE THE STOCK REACHING 115 / 104 LEVEL.
TRADE IN THE DIRECTION GIVEN BY 'DOJI". 1165 CROSSED LONG SIDE 1153 BREACHED GO SHORT SIDE. MAINTAIN STOP LOSS.
BREACHING OF 1160 LEVEL WILL TAKE LT TO 1130 AND 1110 AS TARGETS. KEEP STOP LOSS @ 1200.
BREACHING OF 1160 LEVEL WILL TAKE LT TO 1130 AND 1110 AS TARGETS. KEEP STOP LOSS @ 1200.
WHAT IS THE POSITIVE NEWS? CHART INDICATES RS 160 LEVEL. KEEP STOP LOSS @ 120.
CHART PATTERN SHOWS A TWIST COMING UP AND 45DEG LINE INCREASE N PRICE MEAN THAT THERE WILL BE PROFIT BOOKING AT 302 LEVELS. TARGET FOR DOWN SIDE IS 275.
AFTER A LONG FALL GOA CARBON CHART INDICATES RS. 500 LEVEL WILL BE REACHED IN THE COMING SESSIONS. STOP LOSS SHOULD BE THE SUPPORT LINE 425 LEVEL.
ICICI GEN INSURANCE MONEY FLOW INDICATOR SHOWS THAT IT IS OVER BOUGHT IN BOTH DAY & WEEKLY CHARTS. WITH 1116 AS STOP LOSS, THIS SHARE SEEMS TO BE RIPE FOR SHORTING, AT 1102 LEVELS. TARGET - 1052 & 1008.
DOJI FORMED ON 26TH APRIL. OTHER FACTORS OBSERVED FROM THE CHART - PENANT FORMED. GETTING SUPPORT AT THE INCLINED TREND LINE. WEEKLY CHART SHOWS WHENEVER THE PRICE TOUCHED THE TREND LINE BASE, MONEY HAD COME INTO THE SYSTEM. GO LONG, IF THE PRICE CROSSES 20480 FOR TARGET OF 20,890. (STOP LOSS 20175). GO SHORT, IF THE PRICE GOES BELOW 20175 FOR TARGET OF...
THE BASE OF THE CLOUD MUST ACT AS SUPPORT & THE PRICE IS EXPECTED BOUNCE BACK TO 171. MAINTAIN STOP LOSS @ 154.
THE SHARE CAN BE SOLD AT 7750 LEVELS WITH 7800 STOP LOSS. REASON IS THE PRICE AT FIB 1.62 OF EARLIER RISE AND DOUBLE TOP AND H&S FORMATION. TARGET-2 IS EXPECTED TO BE AT 7450. ALL THE BEST!!
IT IS IN A DOWNWARD CHANNEL. THE PRICE IS EXPECTED TO REACH 457 ONE MORE TIME AND SHOULD START MOVING UP TO 500.
COLPAL CAN BE PURCHASED AT 1181 LEVELS FOR A TARGET OF 1270. STOP LOSS 1150 LEVEL.
DOJI FORMATION OBSERVED. IF 1625 IS BREACHED THEN TARGET IS 1604. IF 1642 IS CROSSED, THEN 1666 IS THE TARGET.
BREAKING OF 760 LEVEL SHOULD SEE THE PRICE FALL TO 740. (STOP LOSS 780) BREAKING OF 780 LEVEL SHOULD ENSURE 800 LEVEL ON THE UPSIDE (STOP LOSS 740).
FOR MOVEMENT ON EITHER SIDE 29,786 IS OBSERVED AS IMPORTANT LEVEL FROM THE CHARTS. OTHER IMPORTANT LEVELS SHOWN IN THE NOTES IN THE CHART.
THE 11,944 TARGET STAYS INTACT. OTHER IMPORTANT LEVELS ARE GIVEN IN THE CHART.
THE PHARMA INDEX HAD REACTED FROM 9500 LEVELS THREE TIMES. THE INDEX IS POISED TO REACH 9300 LEVELS. THE 9500 LEVEL IS 50% FIB LEVEL OF THE EARLIER GREAT FALL FROM 10800 - 8200. IN CASE, THE INDEX CROSSES 9500, THEN NEXT TARGET WOULD BE 9830.