Sunandamedi

Sunandamedi Updated 

H&S FORMATION ALONG THE TREND LINE. TARGET OF 30370 IS EXPECTED. STOP LOSS 29626.

Sunandamedi Updated 

IT SHOULD REACH 222. THEN IT IS LIKELY TO FALL TO 200 REGION LEVEL. PLACE STOP LOSS AT 228.

Sunandamedi Updated 

PLEASE SEE THE NOTES IN THE CHART. BUT, WHAT IS THERE AT 2100??

Sunandamedi Updated 

TATA STEEL IS IN UPWARD CHANNEL. ONE MORE TIME TO 545 LVL THEN 560 LVLS IS OBSERVED. PLACE STOP LOSS AT 530 LVLS.

Sunandamedi Updated 

INTERESTING FOR AGGRESSIVE TRADERS. PRICE IS AT THE TOP OF THE UPWARD CHANNEL PRESENTS TWO OPTIONS. FIRST OPTION - SHORT AT 400 LEVELS - TARGET 387 / 383 LEVELS WITH STRICT STOP LOSS AT 408. (SEE THE MONEY FLOWING INTO). SECOND OPTION - LONG AT 402 LEVELS - TARGET 413 / 420 LEVELS WITH STRICT STOP LOSS AT 400. (SEE THE MONEY FLOWING INTO).

Sunandamedi Updated 

MONEY FLOW HAS STARTED AT 28 AND IS NOW AT 38. AT 28 THE PRICE WAS 2233. BASED ON TECHNICALS AND MONEY FLOW LEVEL, IT IS EXPECTED THAT HDFC BANK WILL SURPASS EARLIER HIGH OF 2333 AND GO TOWARDS 2450+ LEVELS.

Sunandamedi Updated 

AS MENTIONED IN MY PREVIOUS ARTICLE ON 09TH APRIL, WIPRO REACHED MAX OF 284.7. FROM OBSERVING BOTH MONEY FLOW LEVELS AND PATTERN FORMATION, IT APPEARS THAT REACTION MAY COME IN BETWEEN 288-290 LEVELS AND MAY COME BACK TO 274-276 LEVELS. STOP LOSS MAY BE KEPT AT 288.

Sunandamedi

UPL HAS FORMED A PENANT FORMATION WITH BIAS TOWARDS UPSIDE MOVEMENT. SEE THE MONEY FLOW DIRECTION AND LEVEL. AS INFORMED IN MY 13TH MARCH ARTICLE, UPL IS MOVING TOWARDS HIGHER LEVELS. IT SHOULD TOUCH 1100 LEVELS. GOOD LUCK!!

Sunandamedi

AS INFORMED IN MY ARTICLE DATED 22ND MARCH, THE STOCK HAS COME DOWN FROM 113 TO 101 LEVELS. NOW, THE STOCK SHOULD MOVE UPTO 126 WITH STOPS AT 116.7 AND 121. THE MONEY IS STARTING TO FLOW ALONG THE UPWARD INCLINED TREND LINE. ALL THE BEST WITH THE RESULTS, WHICH COULD BE THE TRIGGER!!

Sunandamedi

Referring to my post on Godrej CP on 09th April, I got the information why high deliveries are seen in this counter. If you want to know you may visit: www.moneycontrol.com

Sunandamedi

COMMENTS PROVIDED IN THE BOX. 4H CHART IS SHOWING WEAKNESS ALONGWITH DAY CHART.

Sunandamedi

MAX HAD A DOJI. IF THE PRICE MOVES ABOVE 442, BUY WITH TARGETS AND STOP LOSS MENTIONED IN THE CHART. IF IT MOVES BELOW THE LOW 432, THEN SELL AND ABOVE PRICE LEVELS SEEMS TO BE APPLICABLE.

Sunandamedi

SUN IS IN UPWARD CHANNEL AND IS IN COMPRESSED MODE. THIS TIME HOPEFULLY THE RESISTANCE WILL BE CROSSED TO ATTAIN THE TARGET 690. STOP LOSS AND RESISTANCE LEVELS ARE IDENTIFIED IN THE CHART. ALL THE VERY BEST!!

Sunandamedi

THE HUGE BULL RUN SEEMS TO GET TIRED IN 4H CHARTS. THIS IS OBSERVED AFTER A VERY LONG TIME. IF YOU WANT TO SHORT, PLEASE DO IT FOR THE ABOVE PRICE LEVELS. MY REQUEST IS NOT TO ENTER LONG (BUY) IN THIS SHARE AS I FORESEE A LEVEL OF 1100. MAY BE THE FUNDAMENTALS WILL PROVIDE AN ANSWER TO THIS TECHNICAL INFERENCE. LET US SEE.

Sunandamedi

CUP & HANDLE BREAK OUT AT 214 PRICE LEVEL. APPEARS HEAD FORMATION IS HAPPENING WITH A PRICE TARGET OF 267. FIBONACCI LEVELS SUPPORT THIS REASON. INTERMEDIATE RESISTANCE WILL BE 236 LVLS. STOP LOSS CAN BE AT 215.

Sunandamedi Updated 

A PERFECT SAUCER FORMATION WITH NECK LINE AT 128. ON BREAKING THIS UPWARDS, 140 IS THE NEXT TARGET. ALSO, IT MAY MOVE TO A HIGHER TARGET OF 160, IF THE MARKET CONDITIONS ARE FAVORABLE FOR IT. LET THE STOP LOSS BE PLACED AT 111.

Sunandamedi Updated 

TATA STEEL SEEMS TO TEST 525 WITH SUPPORTS AT 540 AND 532. PLACE STOP LOSS AT 560.

Sunandamedi Updated 

ITC STARTED IT'S UPWARD JOURNEY TOWARDS 309+. WITH RESISTANCE AT 303. STOP LOSS 296.