It is proving the fundamentals of technical analysis right.
That the resistance become support when it breaks the resistance and it has tested it also.
so hdfc life looking good for mid term investment of about 4 to 8 months for a good return.
buy at cmp
stoploss -candle closing below support levels on weekly tf
target- ATH+ approx 770 or 800+
I AM NOT A SEBI REGISTERED ADVISOR CONSULT WITH YOUR FINANCIAL ADVISOR BEFORE INVESTING.
Ambuja cements facing resisatance on the 50 and 60 percent level on fibnacci,
It looks good only above 450.
so you can initiate buying in ambuja only above 450.
for the targets of 600 and above in coming 6 to 8 months
As we can clealry seen there is good base formation in tirumala chemicals.
we can take chance on it by buying it in two parts 50-50
u can take entry at cmp
sl=closing below base.
target complete rounding bottom 300-320.
It's clearly a rounding bottom pattern.
when it is in consolidation there is no volume.
but again volume starts to coming in it.
which is good sign of rounding bottom patter.
As it is a good opporutnity there are more-nine eight two six three one eight nine five three.
As we can see it is in an uptrend since it's listing.
1)form some months ago it is in a down trend from that it is trying to change it's trend and definitely it is successful in changing it's trend.
2)again it gain it uptrend.
targets about 450 sl about 300
it for more than a year investment keep patience you will gwt good return soon.
I am not a sebi registered advisor do consult with your own financial advisor before investing.
I am also following from last many months now My conviction is right.
It is forming a rounding bottom.
I am not a sebi registered advisor consult with your financial advisor first.
I am waiting from long time for this moment to bring a good opportunity for you guys.
As i find cnxenergy index looks ATTRACTING for the next sector to hold the nifty good.
That's why i choose NTPC for the next ride.
for more...go through my all...
I AM NOT A SEBI REGISTERED ADVISOR PLEASE CONSULT WITH YOUR FINANCIAL ADVISOR BEFORE INVESTING.
As always tata shares gives us rewards this time our pick is tata steel which show us good strength. It is in an uptrend since many weeks. It becomes safer option as an investment point with less risk.
our stoploss should be at 100 and our target is about 150.More than 1:2.
I am not a sebi registered advisor
Do consult with your financial advisor before investing
you can buy indiaMart for good profit But it is for long term about one to two years.
MACD shopwing strength at lower levels.
#somewhere about forming a rounding bottom.
Again there is an opportunity with tata group of company and this time with tataconsumer. This post is only for educational purpose. Do your own research before buying or selling.
Tata consumer is looking good becuase it's price action is again active and RSI is also getting strength and it is in consolidation from the last one month which suggest something
On comparing RSI of the previous top and current top we saw a negative divergence is there if I am not wrong. Negative divergence is a sign of probable fall in the stock.
Probably in the upcoming week we saw some profit booking in the metals stock as well as in jindalsteel.