singh17vivek

singh17vivek

BOB CMP 285.20 the stock is exhibiting tremendous strength. The break of the steep trendline will be an early indication of a possible change in trend. Enjoy the ride till it trades above it.

singh17vivek

DLF CMP 874.50 the deep correction in the counter halted at 38.2% from a higher swing is an indication of continued strength. the stock is still respecting the steep trendline, yet another indication that the trend is intact. It will breakout above 907.

singh17vivek

the correction is done in the counter. It closed 4% up today. It is still a good buy as a strong rally is on the cards.

singh17vivek Updated 

SUN TV CMP 665 Sun TV is currently the leader among the media stocks. Look at the chart they are very similar till the abc correction ends. Currently Sun TV is leading the Media sector. T1 1300. Other media stocks to keep an eye on are Inox and Network TV 18 and Saregama.

singh17vivek Updated 

Bata India CMP 1346 Elliott- Fib confluence at 1286 is telling me the zig zag corrective pattern on the monthly charts is done. MA- support also at the zone. Candlestick- Doji at the support zone. Fib confluence on the hrly charts is telling me the stock is ready to move up. At CMP of 1346 the stock is down 38% from the highs and hence is a very good buy in my eyes.

singh17vivek Updated 

Balrampur Chini CMP 400 Yet another example of a dip from previous highs. The correction is done in my view nd is offering a good opportunity to buy.

singh17vivek Updated 

HDFC Life CMP - 563 Any one wanna bet on life insurance stocks here is an opportunity. This stock is now ready to break the shackles.

singh17vivek Updated 

TCI Express CMP 1131 Elliott- Thats a double zig zag. In my view it is complete. Candlestick- last two candles were inverted hammer which are reversal patterns. Fib- that zone at 1000 is a strong support. THis stock is a wonderful buy.

singh17vivek

Dr Lala Path Lab CMP 2798 I had mentioned in my previous post that the fall is done. The breakout is clean. there is no halt till 3240 now.

singh17vivek

L&T Fin CMP 169 Another example of a stock that takes a small dip around its previous highs before it breaks out. The dip to 38.2% from a higher swing is indicating strength. T1 330

singh17vivek

Rail Tel CMP 356 If u did not chase this stock. this correction is an opportunity now. The dip to 38.2% is telling me the stock still is in a strong bull trend.

singh17vivek

Tanla CMP 918 The stock has completed its correction. Its at Fib support with RSI in the bull zone. So trend is up now. A strong move in the counter should being any time now. Definitely a good buy.

singh17vivek

Idea CMP 15.26 Swing Analysis- the swings in stocks have a similar slope. This gives u a sense of uniformity. if this is true then this stock has a long way to go. to understand this we need to understand what is a swing in the first place.

singh17vivek

VIP CMP 500 Elliott- the ABC zig zag corrective pattern is over in my view. Pattern- the V shaped reversal pattern is a directional signal and is indicating reversal. Hence this current dip is the best opportunity to buy the stock, One can buy here or on the break of the trendline the choice is urs.

singh17vivek

India Cem CMP 213 This stock hasn't made new highs after 2007. The coiling in RSI is telling me this stock is preparing for a major breakout. One can buy it here or on breakout the choice is yours,

singh17vivek

IGL CMP 473 the Oil and Gas sector has done exceptionally well but this stock has been a laggard. Technically this stock is now ready to breakout and make new highs. In my view it is a very good buy.

singh17vivek

Gland CMP 1886 The correction is done in this counter. the break of the trendline will an additional confirmation. U can buy here or above 2028. T1 3150.

singh17vivek

Laurus Lab - CMP 449 Elliott- the stock has completed the zig zag corrective pattern ABC. Trendline- break of the trendline is an indication of a change in trend. RSI - taking support above bull zone is positive. Buy this stock on a weekly close above 460. T1 - 660