Priceaction has formed regular bullish divergence. Buy above 10250 with the stoploss of 10220. Targets are 10280, 10300 and 10320. Sell below 10190 with the stoploss of 10220. Targets are 10160, 10140 and 10120.
Priceaction has filled the previous gap and taken support. Buy above 25380 with the stoploss of 25320. Targets are 25460, 25520 and 25550. Sell below 25240 with the stoploss of 25290. Targets are 25140, 25080 and 25030.
Monthly chart of Panama Petrochem looks interesting. From 2005 to 2011 there is lot of accumulation. After that this stock is growing steadily. I expect this stock to retrace around 130 levels. It will give good returns after 2 years. Investment needs more patience. And today's penny is tomorrow's money.
Orient refractories is growing steadily from 2016. Now the stock is having some correction. Support is seen at 125 - 130 level. This stock is good for investment. Can invest in this stock at the support level. I expect this stock to gain 15 to 20 points in one year.
Orbit Exports is forming an irregular rounding bottom. High spike at the end of Jan shows big players has entered. The rounding bottom or saucer bottom is a long term reversal pattern which indicates a shift from the downtrend to an uptrend. This pattern forming in the weekly chart indicates this script is turning from bearish to bullish . When buyers enter the...
This stock is having steady growth. From October 2016, price is moving upside from 30 points to 60 points level which is double of the stock price. I expect this stock to gain 30 to 40 points in 1 to 2 years. Always consult your financial manager before investment.
Price action is forming a rounding bottom. Break out from the critical zone 75 - 77 will make the price to move towards 100, 120 and 135. Wait for the break out to invest. Always consult your financial manager before investing. Time duration is one year.
Stock market is risky but it is also about risk and reward. Be smart in risk reward ratio to make money in stock market. Today's "penny" stock is tomorrow's "money" stock. Closing above the trendline indicates Genuspaper is bullish.
It has been observed in the monthly chart price action is above the long term support area. Heavy volume shows the stock is in accumulation phase. It shows how the investors are accumulating their assets. Since the accumulation has taken more duration I expect this stock to move upside with full strength. A good investor always finds a stock when it is in...
Price action of Paramount communications show long term resistance break out with high volume.
Today's "penny" stock is tomorrow's "money" stock. Himalaya International is moving above the long term resistance indicating bullishness. Targets are 34 and 45.
Priceaction is on trendline support. Buy above 10375 with the stoploss of 10360. Targets are 10410(strong resistance), 10430 and 10450. Sell below 10340(double bottom support) with the stoploss of 10360. Targets are 10310, 10300 and 10280.
Priceaction is on trendline support. Buy above 25850 with the stoploss of 25790. Targets are 25910, 25960 and 26020. Sell below 25790 with the stoploss of 25850. Targets are 25720, 25670 and 25640.
Trading Plan - Intraday. Buy above 723 with the stoploss of 718. Targets are 728, 733 and 740. Sell below 714 with the stoploss of 719. Targets are 709, 704 and 698. Trading rules for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for...
Cantabil Retail India has formed cup and handle formation in monthly chart. It is a bullish continuation pattern. Break out from the handle's range will make the price to continue its uptrend. And the handle should break with significant volume to show the strength of the bullish movement. If the price action breaks above 92 with high volume, one can enter for the...
Trading Plan - Intraday. Buy above 751 with the stoploss of 746. Targets are 756, 761 and 767. Sell below 742 with the stoploss of 747. Targets are 737, 732 and 725. Trading rules for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for...
Priceaction is bullish as long as it holds 25620 for the targets 25900, 26010 and 26120. On breaking the support at 25620 priceaction will move towards 25500, 25400 and 25300.