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
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