sandmehta2014

sandmehta2014

ENTRY: 88 TARGET: 103 SL: 83 Buy after a Retrace Positives: - Good Volume buying 27 and 28 July. - Breaking Trendline. - Trending above 52 MA. - Making higher highs. Negatives - Still Downtrends - RSI oversold.

sandmehta2014 Updated 

ENTRY: 83 TARGET 1: 89 TARGET 2: 94 SL: 80 PRO - Cup Shape Pattern - Good Volume. - Retrace over Resistance. - RSI above 50. CONS: - No Higher highs yet. - Stock is in a downtrend.

sandmehta2014 Updated 

The chart is forming a weak lower low which is also visible on RSI. Divergence is also visible. You can buy @ 134 with a confirmation of RSI above 50. Stop Loss of 130.

sandmehta2014

ENTRY: 460 TARGET 1: 493 TARGET 2: 520 SL: 448 POSITIVE POINTS: - Forming Symmetrical Triangle - Good Volume Buying - RSI Above 50 - Breaking Trendline - Above Demand Zone. - 460 would act as a support. NEGATIVE POINTS: - No Higher high - Still in a downtrend.

sandmehta2014 Updated 

Buy above 140 which is also a 61% level of Fibonacci. For the safer side, you can buy on the retrace. ENTRY: 140 TARGET 1: 150 Target 2: 164 SL: 132 PRO: - Breaking symmetrical triangle - Broke fibbonaci 50% Level - RSI above 50 - Breaking major resistance. - Good volume on 12 Jul. CONS: - Still in a downtrend - Higher high is still very small. News: (27 Jun...

sandmehta2014

ENTRY:72.80 TARGET 1: 79 TARGET 2: 81 SL: 69 For the Safer side, you can buy on the retrace. PRO: - Week Sellers. - Strong support @72. - RSI above 50. - Higher High on RSI. - Would break the parabolic trendline. CONS: - Still in a downtrend. - Volumes are ok.

sandmehta2014 Updated 

ENTRY: 716 TARGET 1: 756 TARGET 2: 790 SL: 703 PRO: - Forming Head and Shoulder Pattern - Forming Higher High - Forming Cup Pattern - Good Volume CONS: - Still in Downtrend

sandmehta2014 Updated 

Forming Triangle Pattern. RSI moving above 50 in a daily chart. 186 would act as a support if it breaks. 3 bullish day hammer candles. News on 24Th June: COAL INDIA has signed a memorandum of understanding with Madhya Pradesh Power Generation Co. to set up a 660 MW thermal power plant BUY @ 189 TARGET 1: 199 TARGET 2: 208 SL: 183

sandmehta2014

ENTRY: 213 TARGET 1: 239 TARGET 2: 267 SL: 203 PRO - Breaking Demand zone (Weekly) with Good Volume. - Breaking First Pivot Level. - RSI above 50. - Sellers are weak. - Breaking daily trendlines. CONS: - No Higher highs. - Still in a downtrend.

sandmehta2014

297 is weekly pivot point resistance and it may resist the trend to continue. Few buyers would also try and book profits. Wait for the reversal and then buy. PRO: - Strongly bullish. - Forming higher high. - Trending above trendlines. - Strong RSI. CONS: - Near Resistance point.- - Profit booking may start soon. ENTRY: 282 TARGET: 308 SL: 277

sandmehta2014

ENTRY: 384 STOP LOSS:367 TARGET 1: 417 TARGET 2: 482 PRO: - Breaking Trend Line. - Volume buying on 7th July. - Strong bullish hammer on 1 July (Can we consider as demand zone ) - Making higher highs - Rsi moving above 50 CONS: - Still in Downtrend

sandmehta2014

Good buying volume in the last couple of days. Touching level 50% of Fibonacci. RSI touching 50. A little aggressive approach. You can wait for a retest and buy. ENTRY: 360 TARGET 1: 390 Target 2: 424 SL: 345