AS PER MY 4TH APRIL CHART READING, ICICI BANK WENT UP TO 411 AND REACTED. FOR NEXT SESSIONS, PLEASE SEE THE OBSERVATIONS MENTIONED IN THE CHART.
OBSERVE THE PRICE IS GETTING SUPPORT AT THE INCLINED TREND LINE AND MOVING IN A NARROW BAND. ALSO, WHEN THE PRICE REACHES THE RESISTANCE LEVEL, MONEY IS TAKEN OUT. THIS IS GOING ON FOR THE LAST 5 MONTHS. TARGET SEEMS TO BE 430 LEVELS. IF YOU WANT TO ENTER, FOLLOW THE TREND LINE & PRICE FOR STOP LOSS LEVEL.
NTPC LAST DAY PRICE HAS CLOSED BELOW THE PRIOR DAY DOJI FORMED. HENCE IT IS LIKELY TO DROP UPTO 131 LEVELS. CONFIRMATION FROM CHAIKIN MONEY FLOW INDICATOR IS DONE. THEN, IT'S JOURNEY TOWARDS 145 IS OBSERVED. PLACE STOP LOSS @ 130.
BUY AT CURRENT PRICE & PLACE PLACE STOP LOSS AT 449. WHEN THE PRICE CLOSES ABOVE 486, TARGETS OF 504 & 520 ARE ACHIEVABLE.
ON CROSSING & CLOSING ABOVE 94, GATI SHOULD SEE TARGET-1 OF 99 AND TARGET-2 OF 110. IF YOU BUY NOW, STOP LOSS SHOULD BE PLACED AT 74.
AMARAJA HAS TARGETS TOWARDS 685 / 670. FROM THERE IT SHOULD BOUNCE BACK TO 725 LEVELS TO BECOME BULLISH.
ONCE IT CROSSES THE RESISTANCE @ 148, NEXT TARGETS ARE: 159 / 187 / 212. STOP LOSS - BREAKING OF THE UPWARD SLOPING TREND LINE (OR) RS.98. MY UNDERSTANDING IT HAS TO GO UP.
RS. 2100 CROSSED & SHARE IS TRADING ABOVE THIS LEVEL. PLEASE SEE THE NOTES PROVIDED IN THE CHART.
BSE LTD. IS BULLISH ABOVE 631 LEVELS IN DAY CHART. IN HOURLY CHART, ABOVE 627 IS BULLISH ZONE. APPEARS TO BE CUP & HANDLE. BREAK OUT AWAITED. ALL THE BEST!!
THE SHARE IS MOVING IN UPWARD SLOPING CHANNEL. DETAILS FOR PURCHASE IS MENTIONED IN THE CHART. (YOU CAN SEE MY KSCL RECO ON MARCH 27TH).
PERCEIVED LEVELS FOR COMING DAYS ARE SHOWN IN CHARTS.
BROKE OUT A SMALL PENANT. ANY CLOSE ABOVE THE RESISTANCE OF 1009 SHOULD SEE THE SCRIP TOUCH 1047. PLACE STOP LOSS AT 930.
BROKE AND CLOSED ABOVE THE LEVEL OF 94. CHANGE THE STOP LOSS TO 94 FOR TARGETS OF 100 & ABOVE.
WOW!! LOOK AT ITC HEADING TOWARDS 322 PRICE. LEVELS MENTIONED IN THE CHART. WHAT COULD BE THE REASON?
ZEEL SHOULD GO DOWN UPTO 389 AND 380 LEVELS. PLACE STOP LOSS AT 423.
CONCOR HAS RETRACED 50 % OF THE EARLIER RISE AND IS GETTING A STRONG SUPPORT AT 507. BUY / HOLD FOR ABOVE PRICE LEVELS MENTIONED IN THE CHART. KEEP 506 STOP LOSS.
AS PER TECHNICALS NEXT TARGET FOR IDEA IS 22.4. STOP LOSS 15.8. IDEA IS A BEST INVESTMENT IDEA FOR 2-3 YEARS. THE POSITIVE REASONS: TOP CLASS MANAGEMENTS WHO ARE INVESTING HUGE AMOUNTS OF MONEY. BOTH THE MANAGEMENTS HAVE GOOD BUSINESS TRACK RECORDS. WITH THESE INVESTMENTS THEY CAN TAKE UP THE NEW OPPORTUNITIES IN THE TELECOM FIELD. NO NEW ENTRANTS EXPECTED...
HINDALCO IS IN TRADING RANGE OF 210 - 219. BREAKING OF 219 WILL SEE LEVELS OF 228-232. DOWNSIDE, IT MAY GO UPTO 205. MONEY FLOW INSIDE ALONG THE TREND LINE.