Goldiam International CMP 169.74-- Investment When there is correction is the mkt, its an opportunity to buy. Where the opportunity lies is what we identify. This stock is exhibiting strong uptrend and is an opportunity to buy. Fib Monthly- why have I started from 156 ?? no rocket science, but one needs to train our eyes to see the charts in a certain way....
DLF CMP 843 This stock is all set for a major breakout. This breakout will happen after 2008. So definitely a major breakout. Fib and RSI both indicating tremendous strength.
Shreyas Shipping CMP 399 The stock is not only ready to give a breakout on price but also on the RSI. Note- The support and resistance lines on the RSI are very similar, just that u have to plot only the imp ones here.
The stock is all set to make new highs. The tgts are on the screen.
DXY CMP 104.087 In continuation of my analysis of CRB Index... I stated that CRB index is bullish and dollar is weak. Here is a chart that shows that the dollar Index is all set to fall.
CRB Index CMP 294 This is a basket of commodities. Very imp Index as its movement is related to the Dollar. If we look at the charts this Index is showing tremendous strength. Now what strength here means is weakness for the dollar in the near future. And weakness for the dollar is good for the emerging mkt equity market. One more very imp point is inflation....
CRB Index CMP 294 This is a basket of commodities. Very imp Index as its movement is related to the Dollar. If we look at the charts this Index is showing tremendous strength. Now what strength here means is weakness for the dollar in the near future. And weakness for the dollar is good for the emerging mkt equity market. One more very imp point is inflation....
Nikkei 225 CMP 41832 the Index has given a breakout after Jan 90. this breakout is after 34 years. This is a very very significant breakout. Mind u the breakout has just happened.
ATGL CMP 891 To increase the probability of a zone we add one more fib extension and pay attention to the confluence zones, Second break of a trendline with a similar angle in the past. Third RSI in the bear zone and below the averages at the zone. All these were present before the stock tanked. Right now the stock is taking support at 38.2%. This is indicating...
Metal Index CMP 9970 Last time I posted the weekly chart which is at channel resistance. See the monthly chart it is at Fib resistance. We know the break of the zone will see some fireworks in this sector. Watch this zone!!
HEG CMP 2264 Fib : the dip to 38.2% is telling me there is tremendous strength in the uptrend. Channel : break of the channel and retest is an opportunity to buy. RSI : on the weekly time frame RSI is reversing from 50 is again an indication of tremendous strength. Its a very good buy at CMP of 2264 with T1 3100 and T2 3600 Note- Go back in history and draw...
APL Apollo Tubes CMP 1581 I see strength in commodities sector as a whole. This stock is still a good buy at CMP of 1581. Tgts are on the screen.
Kotak Bank CMP 1769- Investors HDFC Bank has given a breakout. Next in line is Kotak Bank. the tgts are on the screen.
ACC CMP 2749 yet another stock on a verge of a breakout.
the Index is taking resistance at the channel and Fib extension around 10051 for the past 6 months now. Look at the correction it is hardly anything. This denotes tremendous strength. A monthly close above this zone will open the room for 11500 which is 15% from here and then 14K which is 40% from here. Keep an eye on the heavy weights some of them will go berserk.
the Index has closed on a monthly basis above an imp resistance. In my the next few months should be exceptionally good for this sector.
HCL Tech CMP 1459.60 this stock is a buy at CMP with my first tgt at 1571. This is 7% from the current levels. A very good bet for traders. Investors can add more at current levels.
Maruti CMP 12,033 the frontline stocks will have to do exceptionally well for the Index to move to 33K. Here is Maruti all set to move to 16K which is 33% from the current levels.