Price is sole motivation for all other actions !! follow simple price action ... rest follows !! Market analysis based on technical & Fundamentals !! Long / Medium term Investing and trading ideas !! SHARING a little bit what i learned
Wednesday, December 4, 2013
Siemens
Siemens ===>
two scenarios concurring on monthly charts
1) if breaks 625+ will head towards 825-850 zone
2) if unable to pass 625+ short for revisit to 550 and lower levels
Everready Industries
Everready Industries
-- formed a bottom around 14.50-16.50 zone
-- longer term basis didnt went below 2008 lows of 11+
-- have retraced 23.8% of last fall from 82 odd to 14.50+
-- falling trendline resistance now placed at 40+ which co incides with 38.2% level of fall from 82 to 14.50
--
dips should be used over next 12-18 months to accumulate for bigger move towards 100+ over next 24 months
-- formed a bottom around 14.50-16.50 zone
-- longer term basis didnt went below 2008 lows of 11+
-- have retraced 23.8% of last fall from 82 odd to 14.50+
-- falling trendline resistance now placed at 40+ which co incides with 38.2% level of fall from 82 to 14.50
--
dips should be used over next 12-18 months to accumulate for bigger move towards 100+ over next 24 months
Tata Elxsi
Tata Elxsi
CMP 340+
-- a long term breakout if breaks and closes above 350+
-- last two times in 2007 & 2010 have failed to pass 350+ zone
-- double top formation in monthly charts at 350+
-- a decent move above 350+ opens up 650-700 zone .
CMP 340+
-- a long term breakout if breaks and closes above 350+
-- last two times in 2007 & 2010 have failed to pass 350+ zone
-- double top formation in monthly charts at 350+
-- a decent move above 350+ opens up 650-700 zone .
Whirpool
Whirpool keep a check can proove to be another rocket
CMP 190+
given a decent breakout
any move above 200+ opens up 240+
CMP 190+
given a decent breakout
any move above 200+ opens up 240+
Tuesday, December 3, 2013
Marksans Pharma Limited
Marksans Pharma Limited
CMP 14-- Small Pharma co.
-- Tends to move in circuits whether upper or lower ...
-- have given 10x from lower levels... i.e. from 1.35 odd to 14.35 today
-- same move occured between 2003 & 2005 where it went from 1 to 40 odd..
-- if history is repeated then same move and beyond is possible..
-- have formed a saucer bottom formation and build a 4 year base..
-- only for adventurous traders & investors...
-- buy dips towards 9+ to buy for 40+
-- resistance at 17 / 20 / 22 / 25 / 31 / 35 / 40
Jubilant Foods
Jubilant Foods
Any breakout above 1400 opens up 1800 and then 2200 within next 12-18 months time frame
Any breakout above 1400 opens up 1800 and then 2200 within next 12-18 months time frame
Thursday, November 28, 2013
Silver - Long Term View
Silver
-- shaping up well for another leg down
-- making lower high on longer time frames
-- Strong support at around 18.20
-- Possible Targets towards $11.25 - $11.30
-- 40% move
-- Technically on longer time frame it have pending targets of $ 8.50 - 9
-- 10% chance of test of $ 4-5 range
#XAGUSD $SI_F
-- shaping up well for another leg down
-- making lower high on longer time frames
-- Strong support at around 18.20
-- Possible Targets towards $11.25 - $11.30
-- 40% move
-- Technically on longer time frame it have pending targets of $ 8.50 - 9
-- 10% chance of test of $ 4-5 range
Gold - Long Term View
Gold
-- shaping up well for another leg down
-- making lower high on longer time frames
-- Strong support at around 1180 - 1150
-- Possible Targets towards $925 - $930
-- 20% move
-- Technically on longer time frame it have pending targets of $ 450
-- 10% chance of test of $ 250-300 range
#XAUUSD $GC_F
-- shaping up well for another leg down
-- making lower high on longer time frames
-- Strong support at around 1180 - 1150
-- Possible Targets towards $925 - $930
-- 20% move
-- Technically on longer time frame it have pending targets of $ 450
-- 10% chance of test of $ 250-300 range
Thursday, November 21, 2013
Sensex
CMP 20300+
-- Index is currently trading almost near to short term trend line support denoted in THIN GREEN LINE around 20300 zone
-- Index broke main trend line denoted in THICK GREEN LINE
-- made a lower top at 20934 compared to 21294.
-- Previous low and turning point was 20162 and if gets broken will make a lower low
-- If 20162 gets broke immediate support zone 19600 / 475 and 19265 zone.
-- Index is currently trading almost near to short term trend line support denoted in THIN GREEN LINE around 20300 zone
-- Index broke main trend line denoted in THICK GREEN LINE
-- made a lower top at 20934 compared to 21294.
-- Previous low and turning point was 20162 and if gets broken will make a lower low
-- If 20162 gets broke immediate support zone 19600 / 475 and 19265 zone.
Wednesday, November 20, 2013
Just Dial
Just Dial
-- Giving a fresh breakout above 1300+
-- use dips to accumulate
-- initial targets of 1500 followed with 1650+
-- 12-18 months can head towards 2400+
-- Giving a fresh breakout above 1300+
-- use dips to accumulate
-- initial targets of 1500 followed with 1650+
-- 12-18 months can head towards 2400+
Tuesday, November 19, 2013
Friday, November 8, 2013
Thursday, November 7, 2013
Gold (Comex)
Gold
Trying to stablise at low of 1304-1310.. any move intra day above 1328 opens up 1340-1350 !!
Failure above 1328 will take it lower back to 1304-1310 zone !!
Trying to stablise at low of 1304-1310.. any move intra day above 1328 opens up 1340-1350 !!
Failure above 1328 will take it lower back to 1304-1310 zone !!
Bank Nifty
Bank Nifty CMP 11300
-- Any move below 11150 will see a follow through sale off of 550-600 points..
-- Any move below 11150 will see a follow through sale off of 550-600 points..
TCS
TCS CMP 2140
-- all set to retest the old highs at 2260
-- 1st resistance at 2160
-- 2nd resistance at 2200
ideal stops at 2070+ conservative stops at 2095
-- all set to retest the old highs at 2260
-- 1st resistance at 2160
-- 2nd resistance at 2200
ideal stops at 2070+ conservative stops at 2095
Wednesday, November 6, 2013
E Clerx
E Clerx
-- A move above 1070-1075 opens up 1250-1300 zone in 2-3 months time frame
-- a must buy on dips stock for targets as high as 2400+ based on fibo projections
-- A move above 1070-1075 opens up 1250-1300 zone in 2-3 months time frame
-- a must buy on dips stock for targets as high as 2400+ based on fibo projections
CNX IT
CNX IT stucked in a trading range between 8950
on higher side 8650 on lower side ...
which ever way it breaks out will give 300 point move ...
alternative short very close to 8950 with 10-20 pt stops and
buy near 8650 with min stops ....
buy on dips ... Tech still have wings to fly
which ever way it breaks out will give 300 point move ...
alternative short very close to 8950 with 10-20 pt stops and
buy near 8650 with min stops ....
buy on dips ... Tech still have wings to fly
JK Bank
JK Bank move above 1350 1400 will open up 1800-2000 ...
Core portfolio stock which can quadruple from current levels if patience is kept
Core portfolio stock which can quadruple from current levels if patience is kept
Tuesday, November 5, 2013
Capital Allocation
Capital Allocation
Break capital in 20 equal portion and invest ... most simplest method to follow...
5% stops for loosers but do check chart before exiting ..( false breakdown do come to trigger stops)
Ride the winning stock and add to it Dump the squibs
Break capital in 20 equal portion and invest ... most simplest method to follow...
5% stops for loosers but do check chart before exiting ..( false breakdown do come to trigger stops)
Ride the winning stock and add to it Dump the squibs
Orchid Chemicals
Orchid Chemicals ... keep an eye ... high flyer candidate can give 30-40% in no time ... breakout above 55 levels... use dips to buy ...
will post chart later at eod
will post chart later at eod
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