clementemerson

clementemerson

NIFTY ---------------------------- RANGE: 15411 (SUPPORT) AND 15500 (RESISTANCE). TRADE CAUTIOUSLY BETWEEN THESE RANGE. IF IT BREAKS THE SUPPORT, WE CAN SELL FOR TARGETS OF 15344, 15306 IF IT BREAKS THE RESISTANCE, WE CAN BUY FOR INVISIBLE TARGETS... (THERE IS NO PROVEN RESISTANCE ABOVE THAT LEVEL). Please like the idea and follow me if you find this...

clementemerson

AMBUJACEM ------------------------- 1. RECENTLY BROKE AND TRADING ABOVE A VERY STRONG WEEKLY CHART SUPPORT WHERE TO BUY ------------------------- AT 315 WHERE TO BOOK PROFIT ------------------------- 400 WHERE TO BOOK LOSS ------------------------- CLOSE BELOW 272 REFER CHART FOR MORE INFO Please like the idea and follow me if you find this useful. Everyday...

clementemerson

ACC ------------------------- 1. RESISTANCE IN MONTHLY CHART BROKEN 2. RETEST IS SUCCESSFUL 3. MAKING NEW HIGHS WHERE TO BUY ------------------------- 1917 WHERE TO BOOK PROFIT ------------------------- 2100 LEVELS WHERE TO BOOK LOSS ------------------------- CLOSE BELOW 1780 REFER CHART FOR CLARIFICATION Please like and follow me if you find this...

clementemerson

CHART IS SELF EXPLANATORY. WAVE(IV) OF WAVE3 WILL OCCUR IN SIDEWAYS. TRADE CAUTIOUSLY

clementemerson

LTI -------------------------- 1. SUPPORT SUCCESSFULLY RETESTED IN WEEKLY TIMEFRAME. WHERE TO BUY -------------------------- 50% AT CURRENT LEVEL 50% AT 3800 WHERE TO EXIT - PROFIT -------------------------- 30% AT 4380 REMAINING CAN CARRY FORWARD WITH NEW STOPLOSS OF COST PRICE IF 4400 IS BROKEN, IT HAS A HUG UPMOVE TILL 5000/6000 WHERE TO EXIT -...

clementemerson

THIS ANALYSIS IS BASED ON SGX NIFTY, AS IT HAS CLEAR LEVELS. REVIEW OF YESTERDAY ANALYSIS --------------------------------------------- AS PER THE YESTERDAY'S ANALYSIS, NIFTY TOOK A REVERSAL AT 15316 AND REACHED ABOVE 15411. THEN FROM THERE IT CAME DOWN TO 15333. THEN IT WENT UP TO 15420. CURRENTLY TRADIND ABOVE THIS LEVEL. ANALYSIS FOR TODAY 28 MAY...

clementemerson

THIS ANALYSIS IS BASED ON SGX NIFTY (LEVELS WILL BE VERY CLEAR AS IT TRADES NEARLY ALL THE TIME) RANGE: 15311 AND 15411. ON LOWER SIDE, NIFTY WILL FIND SUPPORT AT 15311 LEVELS AND ON THE UPPER SIDE IT WILL FEEL THE RESISTANCE AT 15411. BUY/SELL -------------------- IF WE SEE A REVERSAL AT 15311, WE COULD BUY FOR A TARGET OF 15400. IF WE SEE A REVERSAL AT 15411...

clementemerson

GODREJCP ---------------------------------- 1. RECENT BREAKOUT WITH HIGH VOLUME 2. RETEST OF SUPPORT IS SUCCESSFUL WHERE TO BUY ---------------------------------- AT CURRENT PRICE WHERE TO EXIT - PROFIT ---------------------------------- 968 - 976 STOP LOSS ---------------------------------- CLOSE BELOW 794

clementemerson

NIFTY SHORT TERM SUPPORT AND RESISTANCES ------------------------------------------------------------------ THE ANALYSIS IS DONE ON SGX NIFTY, AS IT TRADES NEARLY 24/7 EXCEPT THE WEEKENDS. MAJOR RESISTANCE ------------------------------------------------------------------ 15410 MAJOR...

clementemerson

CUMMINSIND ---------------------------- 1. RETESTING WEEKLY SUPPORT 2. MULTIPLE EVIDENCE FOR THE SUPPORT IS BEING STRONG WHERE TO BUY ---------------------------- BUY AT SUPPORT LINE USING GTT ORDER IN ZERODHA (785) WHERE TO EXIT - PROFIT ---------------------------- RS 894 STOP LOSS ---------------------------- CLOSE BELOW 750 ON A DAILY CLOSE BASIS

clementemerson

ASIAN PAINT ------------------------------------------ 1. BREAKOUT ON DAILY CHART 2. VOLUME CONFIRMATION 3. BETTER EARNINGS AND DIVIDEND ANNOUNCED WHERE TO BUY ------------------------------------------ AT CURRENT PRICE 50% ON A RETEST OF SUPPORT 50% WHERE TO EXIT - PROFIT ------------------------------------------ STOCK IS MAKING NEW HIGH FOR SHORT TERM WE CAN...

clementemerson

ASHOKLEYLAND --------------------------------- 1. Confirmation of weekly chart breakout 2. Support at 109 is strong. WHERE TO ENTER --------------------------------- I hope it will retest 119.40-118.05. This is a good entry point. I am planning to enter here. If it doesn't go there this week, then either I wont get the entry or I have to analyze this again next...

clementemerson

ICICIPRULI ------------------------- 1. Higher Highs, Higher Lows are made. 2. A strong weekly resistance is broken. WHERE TO ENTER ------------------------- 1. It is a fundamental of the technical analysis to enter on retest. The stock is eventually retesting the resistance changed as support now. One can buy after it reaches the support and take a U turn from...

clementemerson

Points to note down: 1. CPR Relationship: Overlapping Higher Value 2. VA Relationship: Overlapping Higher Value 3. Camarilla Relationship: Overlapping Higher Value 4. Normal CPR Width 5. Little bit wide VA 6. Normal Camarilla Width Bullish Outlook. Trade Setups: 1. If opens above VA and within Prior Day Range: Wait for signs of reversal at VAH / S3 / CPR High...

clementemerson

UPL prices above several weekly resistances. The next major resistance is at 680-690. It will move towards that in the coming days. The previous weekly resistance is marked in the red line. The other support and resistances are marked using price range tool.

clementemerson

Crash and Correction are inevitable in the market. Based on some Dow / Elliott theory analysis experts are saying the 18000 range will be the exhaustion point for NIFTY. Once it reaches there, it may fall 50-60% due to its own weight. Based on this DOW theory, the 5th or the final wave of the impulse wave could be steeper in the larger time frame. This is because...

clementemerson

Nifty possible up move to 15000 in the coming days.

clementemerson

Possible move in upside to see 2200 - 2400 levels this month / next month