tikkuk

tikkuk

The two bottom made at A and B is a false double bottom as the seperation between the two bottom is not long enough. 1st Bottom is at Point B : @342 levels 2nd Bottom is at point C: @ 342 levels Seperation beetween point B and C is more than a month . Breakout line is at 415 levels. Went long @ 415 level for target of 496

tikkuk Updated 

CUP with handle formation in GAIL . Breakout level was 383. Entered at 385 with stop loss of 350 . A small throwback is expected hence SL is low Target is 422

tikkuk

Just a random analysis ..

tikkuk Updated 

It may respect this zone Went long @770 Target @ 890 SL @ 700

tikkuk

Long trading on 15 min chart based on MACD , 5 and 12 Day Moving Average, RSI and ADX. Bought at 693 Sold at 700 SL was at 686

tikkuk Updated 

The stock was respecting 50 day Moving average mutiple times and it was trading above its 200 day moving average. Took position on 30th MAY 2018 @ 920. The next few days were very tough at it was reaching my SL of 797 ( previous swing low). The stock again respected the 50 Day moving average and is moving Up now . Revised SL is 990 now.

tikkuk

5 Steps that I follow , If I get any stocks which qualifies for the below critaria I go long Step1: 5 Day Moving Average crosses 12 Day Moving Average from Below and the gap expands for next candle Step2: Blue line crosses red line from below and the gap expands for next candle Step3: Enter at any point in Next Candle or enter when prevous High is broken Step 4:...

tikkuk Updated 

Added more quantity at 615 level in my long term portfolio.

tikkuk Updated 

Initiated a short position at 321 for intraday target of 316 with SL at 324

tikkuk

Buy at 2713 Target: 2839 SL: 2603

tikkuk Updated 

Went long at 600 as it did not break 598-600 on hourly chart.. and respected the support of 600 which it made on December 2016. Expecting it to reach level of 628-630 in couple of days.

tikkuk

Wanted to add this in my portfolio , but it never respected any support level. Failed to hold 1378 level... Failed to hold 1295 level... Failed to hold 1096 level... Now waiting for 1016 level to come .. Will it come ..lets wait again :-(

tikkuk

If the channel is broken . 180 looks like a good entry point for a target close to 200

tikkuk

If the day close is below 1715 , fresh downside may start and it can take this to 1st level of 1665 and if markets corrects a bit more it may come down to 1563 level. I have this in long term portfolio . Will surely add more if any of these two level is reached . Its wait time now.

tikkuk

Had added this at 943 level , today it broke its support of 996-997 level . Will watch this on Tuesday. Most probably will exit this one.

tikkuk

After making a double top ONGC is in continuous downtrend . Thanks to big correction in crude oil also. Wondering when can this one sided fall will stop . Reaching few good support levels. Should one start adding this one also ??

tikkuk

It was observed on 5 min chart (publishing 15min chart) that 508 was a strong resistance for zeel, and descending triangle was clearly visible. I shorted at 507.50 for intraday target of 504. almost 60-65% of the time ascending and descending triangle pattern is coming true. ( Just need to learn a good exit point )

tikkuk

Read this one at economics times today... This principle says any sustained bounce in a stock market is usually followed by a correction of approximately half to two-third of the change in price movement. Every time since 2008 In a bull run the correction is approximately 50% of the bounce. With this theory we can expect NIFTY to reach 8772 . This will be a...