Sunandamedi

Sunandamedi Updated 

COAL INDIA CAN BE BOUGHT FOR TARGETS OF 249 AND 264. LET THE PRICE CROSS & CLOSE ABOVE 236.5. STOP LOSS 229.

Sunandamedi Updated 

BROKE THE NECK LINE AT 152. PLACE THIS AS STOP LOSS FOR TARGETS OF - 177 / 195 AND 221. THERE WILL BE A RESISTANCE AT 207. ALL THE BEST.

Sunandamedi Updated 

HATS OFF TO THE PEOPLE WHO ARE BUYING INTO ASHOK LEYLAND. SEE THE PATTERN CHANGED FROM CUP & HANDLE TO INVERTED H&S, DURING THEIR BUYING. WE FORESEE THAT THERE WILL BE BREAK OUT AND PRICE WILL CROSS 94 / 100 AND REACH 106. BUY AND WAIT AS INVESTMENT, OR TILL THE DAY CHART GIVES CLEAR BUY SIGNAL.

Sunandamedi Updated 

1H CHARTS SHOW A REBOUNCE OF YES BANK UPTO A LEVEL OF 271 / 278. IF IT MOVES BEYOND 278, THEN 285 SHOULD BE NEXT TARGET. KEEP STOP LOSS AS 256, AS THE DAY CHARTS INDICATE FURTHER DOWNWARD MOVEMENT UPTO 246.

Sunandamedi Updated 

H & S FORMATION TAKING SUPPORT OF UPWARD TREND LINE. CROSSING OF 1363 LVLS SHOULD SEE TARGETS OF 1403 AND BEYOND. VOLUMES SHOULD BE SUPPORT THIS. BREACHING OF SUPPORT LINE SHOULD SEE LOWER LVLS OF 1257. BEST OF LUCK.

Sunandamedi Updated 

DAILY CHARTS INDICATE NEXT LEVELS OF NIFTY AS TARGET-1 11,544 TARGET-2 11,329 STOP LOSS : 11,768 WEEKLY CHARTS SHOW WEEKNESS AT HIGHER LEVELS AS OF NOW.

Sunandamedi Updated 

SEE THE NOTES PROVIDED. WEEKLY CHART FORMED A LONG DOJI WITH 1726 AND 1612 PRICE LEVELS.

Sunandamedi Updated 

IOC HARTS INDICATE MOVEMENT TOWARDS TARGET-1 AT 164.7 TARGET-2 AT 170 AND TARGET-3 AT 180+. ON THE WAY, THERE WILL BE A MINOR RESISTANCE AT 161.3 STOP LOSS IS GIVEN AS 153 FROM WHERE THE SHARE HAD STARTED MOVING UP AGAIN.

Sunandamedi Updated 

VOLTAS RECENTLY CROSSED THE INVERTED H&S AND SLOPING TREND LINE AND RISEN UPTO 637. IT IS REVERTING BACK TOWARDS THE SUPPORT LEVELS 585-590 LEVELS. IN MY OPINION BUYING CAN BE STARTED BELOW 600 FOR TARGETS OF 609 / 637 AND 664. IT APPEARS THAT THE STOCK WILL START JOURNEY TOWARDS 780+ IN CASE IT CROSSES 686 LEVEL. STOP LOSS 580.

Sunandamedi Updated 

FROM THE 27000 LEVELS, BANK NIFTY IS TAKING SUPPORT OF THE TENKAN SEN LINE. DOWNSIDE DIRECTION CONDITIONS- THE SUPPORT IS AT 29893. BREACHING OF THIS LEVEL WILL TAKE BANKNIFTY TO 29158 (23% FIB. LVL) OR 28400 (38% FIB. LVL). UPSIDE DIRECTION CONDITIONS- IF IT TAKES SUPPORT OF THE TREND LINE, WHICH IS INCLINED, WILL GIVE NEW LEVELS.

Sunandamedi Updated 

LONG TERM BULLISH BUT SHORT TERM NOT SO. SHORT TERM - A SMALL H&S PATTERN IS OBSERVED AT NECK LINE. IF THIS IS HONORED, THEN YOU CAN SEE 1330 LEVELS IN NEAR FUTURE. (THIS NECK LINE IS THE RESULT OF HIGHER LEVEL CUP & HANDLE.) LONG TERM- IF IT STARTS MOVING UP, RESISTANCE AT IS AT 1416. ON CROSSING THIS LEVEL, 1510 IS THE TARGET.

Sunandamedi Updated 

ALL THE TARGETS AND OTHER LEVELS ARE MENTIONED IN THE CHART. THERE IS A RESISTANCE IN THE WEEKLY CHARTS AT PRESENT LEVELS. THE DAILY CHARTS INDICATE THAT THE UPWARD JOURNEY HAS STARTED. ALL THE BEST! HERE ALSO WAIT FOR CONSIDERABLE TIME.

Sunandamedi Updated 

IT IS OBSERVED THERE IS BULLISHNESS IN ZENSAR. NOW HAVING A TRADING RANGE OF 230 - 242. IT SHOULD BE ABLE TO ACHIEVE THE ABOVE MENTIONED TARGETS. IT WILL TAKE TIME AS THERE IS STRONG SUPPORT AT 230 LEVELS. BUT, PROFIT BOOKING IS DONE AT 235 LEVELS.

Sunandamedi Updated 

THERE ARE LOT OF DOJI'S IN 1 HR , 4 HR AND DAILY CHARTS. MY OBSERVATION IS IT IS WEEK IN ALL THE DAILY, WEEKLY AND MONTHLY FORMATS. TAKE DECISION AS PER YOUR CONCLUSION DRAWN FROM CHARTS.

Sunandamedi Updated 

THERE WILL BE A RESISTANCE AT 145 LEVELS. ONCE IT IS CROSSED, PRICE TARGETS OF 156/165 AND 174 ARE ACHIEVABLE. STOP LOSS AT 137.5 (OR YOUR COMFORT) MAY BE PLACED. ALL THE INDICATORS ARE INDICATING BULLISHNESS.

Sunandamedi Updated 

BUY SIGNAL GENERATED BY DAY CHARTS AND PRICE IS IN THE BULLISH AREA. TARGETS ARE MENTIONED IN THE CHART. THERE IS A RESISTANCE AT 222 AS OBSERVED IN WEEKLY CHARTS.

Sunandamedi Updated 

NORMAL CORRECTION WILL ENSURE THE PRICE LEVELS OF 310 AND 303, IN THE COMING DAYS. MAINTAIN STOP LOSS AT 325.

Sunandamedi Updated 

DOJI HAD FORMED AT 1098-1128. MULTIPLE TOPS AT 1296 FOR THREE CONSECUTIVE DAYS IS SEEN. ON BREAKING LOWER SIDE (1098) TARGETS ARE 1280 AND 1210. ON BREAKING HIGHER SIDE (1130) TARGET UPTO 1440 IS ESTIMATED. MY OBSERVATION IS IT WILL COME DOWN. REASON IS HOURLY CHART AND 4 HOUR CHART PATTERNS.