deepshah1982

deepshah1982

reliance well holding above breakout level of 2750from last 12 weeks consolidating in a narrow range of 3040-2850 . Tommorow are reliance result i dont think any big negative in results as we can see multiple reversal candal from 2850 level can cross 3050 and move towards next upside zone towards 3250 in next 2 -3 month .only to worry if breaks and closes below...

deepshah1982

Probality of bottoming out strong bases build at 65 on correcion innext 4-5 week towards 75-80 levels build long position for upmove towards 95 and 115 in next 6 to 12 month . View fails on weekly closing below 65

deepshah1982

multiple bounce from demand zone range 5800-6000 multiple touches on down trendline from correction 7700 can see bounce back towards 7000-7500 levels in next 3-4 month if 6000 holds on weekly and monthly closing above 6000 levels .low risk high return possible .on bases of down trend channel breakout .

deepshah1982

Hammer candle on monthly of may month lows if holds on to 690 on weekly closing bases can see sharp up move by this month 740-750 levels .

deepshah1982 Updated 

Entering strong demand zone and trading close to rising trendline entry in 210-215 range on correction .If holds 200 on day closing bases can show strong upwards momentum towards august month highs of 250 and then towards 280 in next 5-7 weeks .

deepshah1982

multiple time bounced from 2000-2100 level in past now again near supports if holds 2000 on weekly closing bases can see good up move towards 2450-2500 enter on correction towards 2100-2200 zone . ( This are my personal views .This is purely for education purpose and cannot be consider for trade .)

deepshah1982

near important rising trendline support 430-450 level strong demand zone enter on correction on entering demand zone with strong closing support 430 for above levels 475-500 .in next 4-6 weeks . view fails on closing below 430 . ( this is purely for education purpose do not trade on this bases .)

deepshah1982

Showings positives breakout with volume after 15 month consolidation in narrow range 5-10 dollar if holds above 5 dollor on monthly closing bases expecting a huge rally towards 40-55 levels in next 2 year Enter on correction towards 10 and below . ( This are my personal views i might be wrong to. this is purely for study purpose .)

deepshah1982

respecting and showing support near 16 month rising trend line from last 3 session defending a close below 8200 can enter long with support 8200 day closing basis for target 8450 -8550 .view fails on day close below 8200 . this is purely for study purpose do not trade on this base . keep on radar

deepshah1982

gold mcx -good upmove yeterday and saw profit booking near important resistance zone 60500 fresh upside strong move on day closing above 60500 .for now on rise towards 60000 can sell gold chances of visiting 58000-57000 level will be high in coming weeks . Negative view fails on strong close above 60500 levels . (this are my personal views .I might be wrong...

deepshah1982

getting ready for big up move enter on correction in range 680-685 stoploss 620 closing bases target 150-200 above entry point . view fails on closing below 620 levels .

deepshah1982

break down of Symmetrical triangle view turns bearish only positive on closing above 750 weekly close sell on rises down side target 650-625 in next 2-3 month view fails on closing above 750 levels on weekly bases with volume

deepshah1982

in consolidation strong pull back from previous swing low of 980 expecting to move towards 1100 level in next 2 weeks with closing bases support 1000

deepshah1982

near rising tradeline support on weekly chart if holds weekly close above 125 can see strong pullback towards 150-160 levels sustaining above 160 expect big rally

deepshah1982

preparing for another positive rally towards 650- 700 level with sl 600 Dcb

deepshah1982 Updated 

after breakout profit booking and stock doing good consolidation near its important support level 320 .yesterday stock showed first sighs of strong closing and buying interest after the fall .if 320 holds on closing bases stock can move towards 350 -385 in September and then towards 450 level in next 2-3 month .view fails on day close below 320 .

deepshah1982 Updated 

Forming a symmetrical triangle formation seeing consolidation and buying interest from third touch point of rising trendline . In august series if manages to hold above 285 on closing bases might see moving towards 350+ level in September series .

deepshah1982 Updated 

after a bull run from june 23 lows of 5500 to 7800 levels in September .can see correction in coming month towards 6700-6500 levels .if futures fails to close above 8000 level in next few weeks .so on any rise towards 7800 go short important resistance 8000 on closing bases .