Sunandamedi

Sunandamedi Updated 

DR REDDY APPEARS TO BE ACHIEVING TARGETS OF 2878 AND 2950. PENANT IS OBSERVED WITHIN THE BIG CUP & HANDLE. STOP LOSS IS IF IT BREAKS THE BLACK TREND LINE DOWNWARDS.

Sunandamedi Updated 

FIBONACCI STUDY THE FIRST WAVE START DATE 19 FEB 2019 TO END DATE 20 MARCH 2019 - 1000 POINTS BASED ON THIS IT RETRACED TO 0,786 OF WAVE-1 AGAIN IT IS BACK TO 11580 LEVELS, TODAY. IF ONE PROJECTS FOR WAVE 5, THEN 11944 SEEMS TO BE IDEAL. STOP LOSS IS 11565 LEVELS. (LONG IS PREFERRED AS THERE IS NO SELL SIGNAL FROM THE CHARTS. AND, IT HAS STRONG SUPPORT AT...

Sunandamedi

PLEASE SEE THE NOTES IN THE CHART.

Sunandamedi Updated 

BPCL IS IN BOTTOM SUPPORT OF THE UPWARD CHANNEL. ITS NEXT TARGETS ARE 377 AND 396, WITH STOP LOSS AT 346. KEEP AN EYE ON THE RESISTANCE AT 367.

Sunandamedi Updated 

PLEASE SEE THE NOTES IN THE CHART!

Sunandamedi

"BUY" SIGNAL OBTAINED. RIL IS BULLISH TO REACH THE ABOVE MENTIONED TARGETS. (IF THAT HAPPENS WHERE WILL BE THE INDEX?) ALL THE BEST!!

Sunandamedi

WILL THE APIS, U K, INVESTMENT IN L&T IDF SEE THE PRICE MOVING TO 156 / 164 LEVELS? OR WILL THE PRICE GO DOWN TO 132 LEVELS? (MONEY FLOW INDICATES MOVEMENT HIGHER SIDE. PLEASE WAIT FOR CONFIRMATION).

Sunandamedi

NO "SELL" SIGNAL. MOVING IN THE UPWARD CHANNEL. AT THE BOTTOM OF THE CHANNEL AND ALONG THE TREND LINE. ABOVE 90, IT WILL ENTER INTO THE BULLISH ZONE. BELOW 87, IT WILL BE IN THE BEARISH ZONE. FROM THE HOUR CHART, THERE IS A TWIST WHICH SHALL SEE PRICE LEVELS GOING UP. (STOP LOSS - PERSONALLY, I THINK IT IS ALREADY UNDERVALUED VIS-A-VIS IT'S POTENTIAL....

Sunandamedi

PLEASE SEE THE NOTES MENTIONED IN THE CHART.

Sunandamedi Updated 

FLAG FORMATION IS OBSERVED. BUY ABOVE 812 FOR TARGETS OF 840. KEEP STOP LOSS @ 840.

Sunandamedi

WHATEVER MAY BE THE REASONS, THERE IS POSSIBILITY OF YES BANK TO REACH 226 LEVELS. THEN HAS TO BE BACK TO THE ORIGINAL PATH OF 255+.

Sunandamedi

IT SEEMS WILL COME BACK TO 150 LEVEL OR FURTHER TO 110. IF YOU WANT A TATA GROUP COMPANY, THEN BUY AT 110 - 150 PRICE RANGE. IF ANY MAJOR POSITIVE DECISION MAKING IS DONE BY MGMT., THEN IT WILL JUST GO TO 200 EASILY.

Sunandamedi

ONCE THE RESISTANCE OF 659 IS BROKEN, TARGET OF 720 IS POSSIBLE. KEEP STOP LOSS @ 595.

Sunandamedi

IT SEEMS THIS HAS BECOME A TREND, THAT A SHARE FALLS FOR THREE CONSECUTIVE DAYS WITH HUGE VOLUMES & PRICES AND THEN RECOVERS ON THE FOURTH DAY. THIS IS BECAUSE THE FUNDAMENTAL OF THIS COMPANY IS GOOD. AND, THE MERGER REVENUES SHOULD START COMING IN THE COMING PERIOD. BHARTI AIRTEL IS GOING WITH NEW PLANS AND SHOULD GENERATE BUSINESS FOR INFRATEL. IT IS BETTER...

Sunandamedi

THERE MAY BE A REACTION @ 2215. THE CONCLUSION WAS ARRIVED FROM FIB LEVELS. AND, IT SHOULD COME BACK TO 2162.

Sunandamedi

TO 118 AGAIN, FROM THE CHARTS. RESISTANCES IN THE WAY ARE AT: 108 / 109 / 112 & 118. STOP LOSS MAY BE 99.

Sunandamedi Updated 

AS PER MY OBSERVATION, 155 IS NOT FAR AWAY. LET US SEE FOR THE DIRECTION, AS PRICE IS AT 50% FIB LEVEL OF THE EARLIER RISE FROM 120-156.

Sunandamedi Updated 

PLEASE GO THROUGH THE LINK BELOW IN SUPPORT OF THE TECHNICAL FINDINGS GIVEN IN THE CHART: www.moneycontrol.com