GMM PFAUDLR Looks good. Watch for a clear breakout indication of resistance. Trade on breakout. Volumes seems to be good.
#valiantorganic Very strong on charts with fresh breakout. Volumes are good. One can go long here. MY POSITION: WENT LONG AT 1580 TGT:1682 SL: 1485 ON DAILY CLOSING BASIS. ###ALWAYS DO SELF ANALYSIS AND CONSULT YOUR FINANCIAL ADVISOR BEFORE TAKING A TRADE###
Monthly TF: Trading nearly at all time high(639) Volumes are high MACD is bullish RSI is having some divergence Previous month candle was a good breakout of nearly 3 year. OVERALL STOCK IS VERY BULLISH. Weekly TF: Nice Cup handle breakout with strong volumes. Trading above all key EMA's (21,50,200) After giving breakout directly crossed 1.618 fib level (586.5),...
Birla Soft is very good and strong fundamentally. On charts its looking ready for good moves. But market sentiments are important. Will initiate trade once resistance are broken with good volumes. Keep watching. R1=272 R2=284. ##Always do self analysis before you trade. Profit is yours and so is your loss. ##
IEX, after nice bull run, seems to be taking rest. Taking support on Daily charts at 328-333 levels which is 0.786 fib level as well. Watch out if it breaks support or upper trend line.
TATA MOTORS Looks good on Monthly chart. Trying to break resistance. If it breaks resistance then we can expect first target as all time high. Weekly chart also supporting from last support levels. Will updated if we see proper opportunity for going long. First fib levels of 294 should act as good support.
Galaxy Surf. Fundamentally very strong company. Looks ready for a technical breakout now. Keep and eye. All details can be seen on charts. ##Kindly do self analysis before you trade. Profit is yours, so is your loss.##
AU BANK Looks very good on weekly charts. Strong technically. Gave breakout with good volume on weekly charts and nearly retested breakout level. Inside channel also. Once channel is broken then BOOM BOOM. Add till 1120 level. Hold as per your patience. ###ALWAYS DO SELF ANALYSIS BEFORE TAKING ANY TRADE. PROFIT AND LOSS IS YOURS###
#AARTI INDUSTRIES IN RISING WEDGE PATTERN Making HH and HL. Chart is self explanatory. #Always self analyze before you trade.
Tata ELXI. Had a long Bull run from levels of 1527. Not horse seems to be resting and preparing for next run. Watch out for breakout from flag. 2504 is an important support. Fundamentally also stock is very good. #Always do self analysis before you trade.
ACC Has broken trend line. RSI Shows divergence. Can go short here positional. SHORT@1523 TARGET:1505 SL:1541