The stock has reached a short term bump. Though it is in a very strong bull trend. I will say use the correction to buy.
Hindzinc CMP 530 - Investors The floor price for OFS for retail is 486 . The Fib confluence on the left shows two confluence one at 510 and the other at 480. Either u can apply for the OFS or buy around the 510 levels. I think its a very good opportunity to buy a stock at a heavy discount.
MCX Silver CMP 81624 I had posted silver in US dollars previously. This is MCX silver which has already given a breakout and is retesting the breakout zone. An ideal place to buy it.
Nifty n BNF both have rebounded from their strong support zones. the rumour surrounding the SEBI chief may have some initial impact in the first two hrs and will be a perfect time to enter.
Berger Paints CMP 531.65 Investors I had pointed around the 440 zone that this correction is done. After that sharp rally this small dip is again offering u an opportunity.
Escorts CMP 3687 Elliott- thats a zig zag corrective pattern and is complete in my view. Oscillators- a positive close on Monday will confirm the positive divergence on the RSI and composite. The extreme indicator is also at support. Trendline and MA support at the zone is further cementing the zone. In my view its a very good buy for trading and investing.
NMDC CMP 222 that 220 zone is a strong strong support. We have a trendline support too on the weekly charts at the same zone. RSI is above the bull zone at this support. Composite on ur right is not ready to make new lows with price. Yet another positive indicator. Buy this counter post results. Its at a very good zone.
DCM CMP 1150 the stock should breakout anytime now. T1 1400
Still down 6% but it has taken an imp support. it has taken support at the trendline and fib confluence. One asset class has reversed and is a very positive sign for the rest.
LIC HSG Fin CMP 774-View Trendlines a beauty!! Aren't they?? its a breakout on the diagonal now. the stock may consolidate here for some time as the RSI is a bit overbought on monthly and weekly charts. Looks super strong to me.
Tata Steel CMP 164 This is a shorter time frame chart. See how technically the stock is all set to sizzle. The outcome of the result is immaterial ,it is all factored in.
VIP Industries CMP 468 - Investors T1 700 this chart is absolutely loaded with technical buy signals. Fib - it is at fib ext support as well as Fib confluence support at 453 Elliott- the C leg of the zig zag corrective pattern is complete. Directional Signal- Double bottom is asking you to buy. Volume- lesser volume on the second bottom is telling sellers...
SIlver $27.94 Elliott- the ABC correction is a zig zag. In my view it is complete. Fib - taking support at 38.2% from a higher swing is strength. RSI- the oscillator back to its previous support is a confirmation of the strength. Note - the angle of the trendline has been derived from the 2004 lows which respected the most recent highs as well as the highs in...
RUT CMP 2260 International mkts are an imp piece of the mkt puzzle. Before any major fall one of these mkts will be off the track. That's an early clue to leave the ship. This is the small cap index of US and I had posted that this Index is all set to make new highs. A strong candle this month is a confirmation of my reading. The strong uptrend has just...
UPL CMP 543- traders , investors I had mentioned around the double bottom that this stock is at a high probability reversal zone. this pull back is again offering an opportunity. Look at the RSI retest, simply beautiful. Buy at CMP 543 stop 527.30 t1 570
Adani Green CMP 1741 Both are weekly charts. On the left, see how 1.618 becomes the start of the crash in this counter. On the right we can see stock at fib support and RSI down to its bull zone. the uptrend should resume anytime now.
Tata Steel CMP 157.50 the trendline drawn from 2001 lows has nailed every bottom till date in this stock. This yet another example for Geometry in the mkts. One needs to know which two points to take. Every other trendline on this chart is worth being studied closely.
Nifty CMP 24413 the dip back to the channel is strength. Resistance becoming support is again positive on RSI. On the down side I dont want the Index to go back in the channel. 24K and 23785 is what i am looking at as two good supports.