Sunandamedi

Sunandamedi

PLEASE SEE THE NOTES PROVIDED IN THE CHART.

Sunandamedi Updated 

THE SHARE IS MOVING IN DAY, WEEK & MONTHLY CHARTS IN THE CHANNEL AND THAT TOO ABOVE THE TREND LINE. IN WEEK CHART PRICE HAD ENTERED INTO THE BULLISH ZONE. MIGHT TAKE UP THE PRICE TO 1043. PLACE STOP LOSS AT 926.

Sunandamedi

AS PER MY 6TH APRIL POST ON GRANULES, IT HAD TOUCHED 120 TODAY. EVERYTHING REMAINS SAME AS FAR AS TARGETS ARE CONCERNED. IN ADDITION, WE HAVE BUY SIGNAL IN DAY CHART. AND, MONEY HAS STARTED ENTERING INTO BUYING. ALL THE BEST!!

Sunandamedi

MULTIPLE BOTTOMS WILL IT HELP?? PLEASE SEE THE NOTES PROVIDED IN THE CHART.

Sunandamedi

AS PER MY APRIL 16TH OBSERVATION, THE PRICE HAD TOUCHED NEAR 533. FROM NOW ONWARDS, IT APPEARS THAT UPTREND MIGHT BE RESUMED. SEE THE NOTES IN THE CHART.

Sunandamedi

STILL IN THE PENANT! WAIT FOR CROSSING.

Sunandamedi Updated 

CROSSED THE RESISTANCE AT THE NECK LINE OF 114.9 WITH EASE AND WITH VOLUMES. IT IS NEARING A RESISTANCE AT 138. DO NOT ENTER AT THIS POINT. SUCH A VERTICAL MOVEMENT CALLS FOR PRECAUTION. WAIT FOR THE NEWS WHICH HAD MADE SUCH A BIG BREAK OUT. THEN DECIDE.

Sunandamedi Updated 

TRADING RANGE IS GIVEN IN THE CHART. PLEASE WATCH THE LEVEL OF 30,128.

Sunandamedi Updated 

BUYING RANGE 236-241. STOP LOSS 228. TARGETS OF 285 & BEYOND IN THE COMING DAYS. AS OF NOW, IT IS IN A DOWNWARD SLOPING CHANNEL WITH MOVEMENT UPTO 240. THIS IS BECAUSE OF THE HEAVY SELLING ON THURSDAY THAT TOO WITH VOLUMES (3.29 Cr traded but delivery % of 29.6).

Sunandamedi Updated 

LEVELS ARE INDICATED IN THE CHART.

Sunandamedi Updated 

IT APPEARS THAT L&T FH WILL REACH 144 LEVEL ONCE AGAIN. BUY ABOVE 150 FOR TARGETS OF 156 (RESISTANCE) AND 165. STOP LOSS 143.

Sunandamedi Updated 

AFTER ANALYZING THE HEG DAY CHART, IT APPEARS: MULTIPLE BOTTOMS @ 1980. THERE IS A STRONG TENDENCY TO REVERSE AND RISE UPTO 2953 LEVELS. STOP LOSS MAY BE TAKEN SAME AS THE SUPPORT LEVEL (RS. 1980).

Sunandamedi Updated 

LEVELS ARE EXPLAINED IN THE CHART.

Sunandamedi

A LOT OF STUDY CAN BE DONE IN THE CHART OF TORRENT PHARMA. CUP & HANDLE IS IN FORMATION IN THE 4H CHART. INVERTED H & S FORMED ALONG THE TREND LINE, IN THE HANDLE PORTION. MONEY IS FLOWING AT THE LOWER LEVELS. FOR TRADE DETAILS SEE THE NOTES IN THE CHART.

Sunandamedi

TECHNICALLY RELIANCE HAD GENERATED A "SELL" SIGNAL ON 18TH APRIL. HUGE GAP UP OPENING & BEING IN THE BULLISH ZONE CAN CHANGE THE STATUS OF THE SIGNAL. BUT, PATTERN FORMATION IS SIMILAR TO H&S. (SHOWN ABOVE). WAIT TILL 1410 IS CROSSED / CLOSED WITH VOLUMES.

Sunandamedi

L & T IS MOVING TOWARDS 1340 AS MENTIONED IN MY PREVIOUS ARTICLES ON 31ST MARCH & 11TH APRIL. THE LEVEL OBTAINED FROM THE CHARTS IS FIB.32% OF THE EARLIER RISE.

Sunandamedi

OVERALL M & M IS IN UPWARD MODE FROM 615. THE JOURNEY SEEMS TO BE UPTO 800 WITH INTERMEDIATE STOPS. AS PER THE PRESENT TREND, IT SHOULD TOUCH 717, IMMEDIATELY. STOP LOSS @ 672.

Sunandamedi

PLEASE SEE THE NOTES IN THE CHART.