Trendz9

Trendz9 Updated 

Slowly it is approaching 0.5 level ie 79.5 ROC is above 0 line means it's in up trend 20 Dema is moving above 50 Dema whi h is bullish. It ha broken divergence line and up above it last 2 days ie 40 trading hrs. Which is bullish Over all reentry is suggested with SL 75 which is 3 usd profit before was 3 usd so sl is at cost If fed I crease rate it can come down So...

Trendz9

Tata Steel is again @115, after long consolidation, Since the price is now about neck line Tata Steel should pick up momentum As per analysis 120 is not far. Since consolidation was more than expected price target should ne 125 Rs now. Already said o e needs patient I this stock.

Trendz9

Brent had moved up to 78.5 and down now to 77.4 . To book profit at 77 was expected. If trade is not closed then booke profit and wait for next analysis. Buy was given at 74 $ Brent target was given @ 82. Since crude is highly dependend on external news precautionary measures is taken. Trade crude on your own risk management.

Trendz9

As viewed Tata Motor gave high of 624 5 June trgt was given of 612. What next. Since Tata tec is going to get listed on exchange and Tata.motor has 75 % shares , the valuation is going to be very high Conclusion trgt 1300 in 2 year

Trendz9

Nifty have cometed our 19200 trvt and then gave high of 19450. Nifty is in uptrend from March 23 till today From March till June22 it had not not broken trend , but on Ju e it broke the uptrend line for 2 days and again gained it. The uptrend line is running 27 degree angle till June From 28 new uptrend line had formed with 57 degrees, sustainable of this...

Trendz9

23 and 24 Feb, had broken resistance of Rs100 with bigger volume and made top of 113 Rs. On 17th May it tries to break 113 resistance bur it was failed attempt. After that day it had consolidated b/w 110 and 104, till 6th July and on 6th July it managed to close above 110. In this consolidation period it had formed flag like pattern and widge pattern. On 7th...

Trendz9

MacD move above signal line Trading above 0.786 fibonacci level, next is 1.00 level. Channel upper levl is at 2222. Trading above mid line of channel. Conclusion Buy for target Rs 222. Ie 20% profit.

Trendz9

Brent is hovering above down trend line . ROC is hovering near 0 line. SL of 74 not triggered on closing g basis. So if profit not booked can stay long with SL 74. Brent Crude is dependent on international news. Any negative news can trigger SL. Place SL trigger order before only so if Brent comes down immediately you will not run in hefty loss. Book profit if...

Trendz9

Our 1st target is done, if not booked then keep sl at cost. Crude is completely dependant on $ and international news.

Trendz9

As expected brent had broken the trend line on up side. Divergence notice on time helped to know the trend ROC is above 0 line. 1st target on its way 0f 77.5$

Trendz9

ROC has shown divergence to price and is doing well in favour of bulls .Today If down trend line is broken then first target should.be 78 and then 81 . SL is 73 now . Long was initiated at 74.5 ROC is also moving above 0 and is excelrating.

Trendz9

1. ROC is showing divergence against price. 2. Since March Brent had not dropped below 70, only once its low was 67. 3 It had completed Triangle A and trading above base of triangle and now completing triangle B. 4 It had retraced to 0.318 and continously trading near it. So 0.618 retraced can be done 5 Conclusion buy wiSL 70 and targt 81which is 0.618...

Trendz9

Dow had completed H & S pattern briefly it traded above neckline and then retraced. On 26th June it formed indecisive candlestick and next day it made huge green candlestick confirming rising star like pattern. long was initiated on confirmation candlestick pattern, and pattern target was set to 35k if Dow regain neckline and trade above it. Today Dow had broken...

Trendz9 Updated 

Nifty after short correction had reversed and traded above uptrend line. Nifty opened above yellow line and whole day was abo e it. According to yesterdays analysis if nifty trade above support line then its long entry. So we are long in nifty.with today's low as SL. Trgt is 19200.

Trendz9 Updated 

Three trading session before nifty had formed hanging man bearish pattern after two days correction ,yesterday's star formation and today's green long candle seems like rising star pattern. But this pattern had formed very quickly. So sustainability of it is in question. Today's closing is near support line after breaking it two days before. So trade is cristel...

Trendz9

Timely reversal of bullish view from bearish helped to grab 300 points. Now DOW is near to H&S neckline @ 34200. Trade above it means H&S patern target on browser in few weeks. H& S pattern target is calculated distance from near shoulder to head. i.e 1000 points that works out to 34200 + 1000 = 35200.

Trendz9

Previously it was bearish view on DOW, but after break out of resistance and continuously trading above resistance line. Dow completed h & s pattern, traded above neck line and again break down neck line force to keep bearish view on DOW. But on 27th June Dow took support of 20 dema which crossed 50 dema on same day forced to change view from bearish to...

Trendz9

Recl heading to 3rd target. As said Recl is nearing the fibonacci extention level of 1.618