Filtered few stocks to perform short-term swing trading ----------------------------------------------------------------------------- COLPAL VIPIND FRETAIL JAMNAAUTO NOCIL ORIENTELEC NH WE CAN EXPECT 3% TO 5% IN A WEEK OR TWO. Selection method: Moving Average 20 is rising in daily and weekly timeframes. Yesterday close is higher than the previous day...
NIFTY ------------------- NIFTY MADE NEW HIGHS IN THE PAST WEEK. FEW DAYS BACK, IT FAILED TO PASS 15818. I THOUGHT THAT, NIFTY WILL GIVE A CORRECTION. BUT 2 DAYS BACK, IT MADE A NEW HIGH. WHICH MAKE ME THINK, THAT THE NEW HIGHS ARE STILL IN TRACK. BUT NOW, I AGAIN FALL BACK TO THE CORRECTION MINDSET. NIFTY MAY CORRECT UPTO 15400 - 15300...
NIFTY ------------------------ NIFTY MAKING ALL TIME NEW HIGHS IN THE PAST WEEKS. HOPE IT WILL MAKE NEW HIGH TODAY ALSO. YESTERDAY I THOUGHT THAT NIFTY MAY GO INTO A CORRECTION PHASE FOR A WEEK OR TWO. BUT IT MOVES ABOVE 15818, WHICH INDICATES, THERE IS SOME MORE UPMOVE. ANALYSIS ------------------------ NIFTY MOVED ABOVE 15818. AFTER A TEST ON 15818, WE CAN BUY...
HINDPETRO ---------------------------------- 1. BREAKOUT A MINOR RESISTANCE AT 292.60 AND RETESTING THE RESISTANCE. WHERE TO BUY ---------------------------------- AT 292.60 WHERE TO BOOK PROFIT ---------------------------------- AR 328.75 WHERE TO BOOK LOSS ---------------------------------- CLOSE BELOW 280 ---------------------------------- RISK REWARD...
EICHERMOT -------------------------------- 1. BREACHED THE MULTIPLE POINT RESISTANCE 2. NOW RETESTING THE SAME LEVEL WHERE TO BUY -------------------------------- AT CMP. (AROUND 2720 LEVELS) WHERE TO BOOK PROFIT -------------------------------- AT 3025 WHERE TO BOOK LOSS -------------------------------- CLOSE BELOW 2665 -------------------------------- RISK...
NIFTY ------------------------ NIFTY MAKING NEW HIGHS IN THE PAST ONE WEEK. LAST TWO MISSED THE SEQUENCE. HOPE TODAY IT MAY MAKE A NEW HIGH. ANALYSIS ------------------------ NIFTY IS TRADING NEAR THE RESISTANCE 15816. IF WE SEE ANY WEAKNESS AROUND THIS RESISTANCE, WE CAN SELL FOR TARGET OF 15756. SIMILARLY, 15756 IS A GOOD SUPPORT. IF WE SEE ANY STRENGTH AROUND...
NIFTY ------------------------ NIFTY MADE NEW HIGHS FOR MORE THAN A WEEK. NOW, POSSIBLY ENTERED INTO A CORRECTION MODE. IT MAY GO LOW TO 15411 - 15265 LEVELS. IF IT GOES BELOW 15265, IT IS NOT GOOD FOR NIFTY. ANALYSIS ------------------------ 15716 AND 15756 ARE THE RESISTANCES. AND 15650 IS THE SUPPORT. IF WE SEE REVERSAL AT 15716 / 15756, WE CAN SELL FOR A...
HDFCBANK ---------------------------- 1. RESISTANCE BROKEN SEVERAL WEEK BEFORE. 2. RETEST OF THE LEVEL SUCCESSFULLY COMPLETED WHERE TO ENTER ---------------------------- AT CMP WHERE TO BOOK PROFIT ---------------------------- 1620 IS A HIGHLY PROBABLE TARGET. CONSIDERING THE BULL MARKET WE HAVE NOW, IT MAY GO EVEN BEYOND THAT. BUT THE TARGET IS INVISIBLE. (NO...
NIFTY ------------------------ NIFTY MADE NEW HIGH ON A DAILY BASIS. HOPE IT WILL MAKE A NEW HIGH TODAY. BUT SEEMS IT IS IN A CONSOLIDATION MODE. ANALYSIS ------------------------ NIFTY STRUGGLING BETWEEN 15813 AND 15716. IT MAY CONTINUE TO RANGE BOUND TODAY ALSO. 15752 IS A MEAN AND WILL ACT AS A MAGNET. IF WE SEE A REVERSAL AT 15716, WE CAN BUY FOR A TARGET OF...
M&M ------------------------- 1. BROKEN WEEKLY RESISTANCE EARLIER THIS YEAR. 2. NOW SUCCESSFUL RETESTING OF THE SAME LEVEL. WHERE TO BUY ------------------------- AT CMP WHERE TO BOOK PROFIT ------------------------- AT RESISTANCE 974 WHERE TO EXIT AT LOSS ------------------------- IF CLOSE BELOW 779. IT MEANS THAT IT MAY RETEST THE LOWER LEVELS ONCE...
NIFTY ---------------------- NIFTY MAKING NEW HIGH DAILY HOPE IT WILL MAKE A NEW HIGH TODAY ALSO ANALYSIS ---------------------- RESISTANCE IS AT 15816 SUPPORTS ARE AT 15756, 15727. WE CAN BUY REVERSALS AT 15756/15727. FOR TARGET OF 15816. SIMILARLY WE CAN SELL REVERSAL AT 15816 FOR TARGET OF 15756. IF 15816 IS BREACHED, WE CAN BUY ON A RETEST FOR AN INVISIBLE...
NIFTY -------------------------------- NIFTY MAKING NEW HIGHS EVERY DAY. HOPE IT WILL MAKE A NEW HIGH TODAY. ANALYSIS -------------------------------- NIFTY TRADING NEAR THE RESISTANCE 15756. MAJOR SUPPORT AT 15648. BETWEEN THESE TWO LEVELS THERE ARE MANY MINOR LEVELS WHICH COULD ACT AS SUPPORT / RESISTANCE. IF NIFTY HAPPENS TO TRADE BETWEEN THESE TWO LEVELS IT...
IDFCFIRSTB -------------------------- 1. BREAK ABOVE THE MONTHLY RESISTANCE 55.20 AND RETESTED THE SUPPORT AT 47. ANALYSIS -------------------------- WE CAN BUY AT CMP. ALREADY THERE WAS SOME CORRECTION IN THE DAILY CHART TARGET: 67 AND 79 STOP LOSS: 46 (CLEAR STOP LOSS) OR 53 (WITH LESS RISK) Please like the idea and follow me if you find this...
ASIANPAINT ---------------------------- 1. WEEKLY RESISTANCE BROKEN 2. CURRENTLY IN RETESTING PHASE ANALYSIS ---------------------------- (n-2) week candle broke the resistance (n-1) candle is doji. A doji tells indecision We have to wait this week to understand the direction of the stock. NOTE: During this week, on a 2hr chart, if the price closed above 3000...
NIFTY -------------------------------- NIFTY IN THE MOOD OF MAKING ALL TIME HIGHS DAILY. HOPE IT WILL MAKE A NEW HIGH TODAY. ANALYSIS -------------------------------- NIFTY WILL FACE RESISTANCE AT 15726 AND SUPPORT AT 15648. IF IT BREACHES THE RESISTANCE AT 15726 AND THEN IF IT SUCCESSFULLY TESTED IT, WE CAN BUY FOR INVISIBLE TARGETS... (NO PROVEN RESISTANCE...
NIFTY -------------------------------- WITH A SMALL CORRECTION NIFTY BACK TO MAKE NEW HIGHS ANALYSIS -------------------------------- NIFTY HAS SUPPORT AT 15648. IF IT GOES TOWARDS THE SUPPORT AND TAKE REVERSAL THEN WE CAN BUY WITH CURRENT HIGH AS TARGET. IF NIFTY BREACHES THE SUPPORT THEN WE CAN SELL FOR TARGETS 15592, 15560. Please like the idea and follow me...
NIFTY ----------------------- NIFTY FACING RESISTANCE AT 15660 LEVELS. NOW TRADING AT THE SUPPORT 15560. ANALYSIS ----------------------- IF THE SUPPORT HOLDS GOOD, THEN WE CAN BUY FOR TARGET OF 15610, 15660. IF THE SUPPORT IS BREACHED, THEN WE CAN SELL FOR TARGET OF 15500, 15411. Please like the idea and follow me if you find this useful. Everyday morning...
NIFTY --------------------- MAKING NEW HIGHS DAY BY DAY. HOPE IT WILL MAKE A NEW HIGH TODAY ALSO. ANALYSIS --------------------- 15598 IS A GOOD SUPPORT. IF NIFTY GOES TO THIS LEVEL AND TAKE A REVERSAL WE CAN BUY FOR INVISIBLE TARGETS... (NO PROVEN RESISTANCE IS ABOVE) IF IT BREAKS 15598, IT MAY GO INTO A RANGE BOUND TRADING BETWEEN 15561 AND 15598. TRADE...