Our recent studies on various stock charts: These are not buy/sale calls.Ask your SEBI registered equity/investment adviser.
23/11/2016 Morning studies
Force motor : can be added on dips 3700-3400 keeping sl at 3350 target 5000+
Pidilite is good investment. Accumulation can be a good strategy, best entry 560-40 sl 500
JSWenergy stock looking weak. Bounce 62-66 can b used for exit. Support 45-43 TATASTEEL was updated last month for 10-12% move. Done. Now add above 400 for 425-27.better wait.
Wipro :short was advised for 454-415 all done. fresh entry can be a good strategy if sustains above 455 .
Sun pharma :monthly close above 700 will attract fresh buying. 780-800 may be tested. good fundamental stock for buy on dips.
Glenmark : trading range bound. 815-1010 add keeping support 880-40 resistant 920-50. Zeel and suntv are my favorite in media. Zeel has completed flag. We would like to enter. On further fall will keep watch at 425-400 sl 365
Petronet no view. Waiting for lower level to enter longs
Bata :view posted on blog. Adding with stop at recent low.
HDIL buying may be a good strategy STOP 52
JBM auto buy for 235-40 sl 195
REC FRESH SHORT ONLY if breaks support 123.LONG ABOVE 135 TARGET 170-80 DishTV charts shows good entry level @80 and on dips near 75 sl 73.50 resistant 92-95 to 100 below 73.50 next support on charts near 60
24/11/2016
Icicibank is trading range bound 245-300.dips can be used for entry stop 240 .
Reliance infra is good bet. can be added near support 400-390
Ashok leyland :Can be accumulated here and on dips with sl 64
Sintex: can be added here and on dips near 62 stop 50% upside on cards.
Alphageo can be added here & more if sustains above 900 keep lower support@ 800
suntv is always good. support near 410-20 & 387
TATASTEEL :chart shows stock again towards 425-40
RCOM I was never comfortable with Rcom. next support @27 below that target 14
Yesbank is a good stock but in current situation PSU banks looking more attractive. Support 1065-950 buy on dips or above 1150
ONGC fresh entry above 290 support 260
25/11/2016
Nifty support/buying was advised near 7925-50
SRF can be added keeping sl at 1390 closing basis. Below that my target will be 1270-50 McLeod is in long term downtrend. On dips Buy near 130 with sl 125.below 125 target will be 88. Uptrend only above 160-65
HCLINFO add keeping sl 38.above 58-60 target 76
Wipro :short was advised for 454-415 all done. Add only if sustains above 455 .
Wipro already updated to add. Now hit 467.now at breakout level, let's wait n watch.
Force has started its journey for 4300-4500
Cairn has rewarded great in recent time. Now 260 need to be crossed. So not a good investment. Better wait.
Dishman is good investment. can be added more on dips near 230-200 sl 190
Hind zinc :yes it's showing movement but better stay away. Will face resistance near 283-305-327
JBM auto completed 204 to 237........done
TATASTEEL 413 till now
ONGC : not entered
SUN TV :462 till now
BATA : Still a good entry.candle pattern is good.
HDIL,DISHTV..........DOING GREAT
TO LEARN TECHNICAL ANALYSIS WITH US CALL@07737093555
23/11/2016 Morning studies
Force motor : can be added on dips 3700-3400 keeping sl at 3350 target 5000+
Pidilite is good investment. Accumulation can be a good strategy, best entry 560-40 sl 500
JSWenergy stock looking weak. Bounce 62-66 can b used for exit. Support 45-43 TATASTEEL was updated last month for 10-12% move. Done. Now add above 400 for 425-27.better wait.
Wipro :short was advised for 454-415 all done. fresh entry can be a good strategy if sustains above 455 .
Sun pharma :monthly close above 700 will attract fresh buying. 780-800 may be tested. good fundamental stock for buy on dips.
Glenmark : trading range bound. 815-1010 add keeping support 880-40 resistant 920-50. Zeel and suntv are my favorite in media. Zeel has completed flag. We would like to enter. On further fall will keep watch at 425-400 sl 365
Petronet no view. Waiting for lower level to enter longs
Bata :view posted on blog. Adding with stop at recent low.
HDIL buying may be a good strategy STOP 52
JBM auto buy for 235-40 sl 195
REC FRESH SHORT ONLY if breaks support 123.LONG ABOVE 135 TARGET 170-80 DishTV charts shows good entry level @80 and on dips near 75 sl 73.50 resistant 92-95 to 100 below 73.50 next support on charts near 60
24/11/2016
Icicibank is trading range bound 245-300.dips can be used for entry stop 240 .
Reliance infra is good bet. can be added near support 400-390
Ashok leyland :Can be accumulated here and on dips with sl 64
Sintex: can be added here and on dips near 62 stop 50% upside on cards.
Alphageo can be added here & more if sustains above 900 keep lower support@ 800
suntv is always good. support near 410-20 & 387
TATASTEEL :chart shows stock again towards 425-40
RCOM I was never comfortable with Rcom. next support @27 below that target 14
Yesbank is a good stock but in current situation PSU banks looking more attractive. Support 1065-950 buy on dips or above 1150
ONGC fresh entry above 290 support 260
25/11/2016
Nifty support/buying was advised near 7925-50
SRF can be added keeping sl at 1390 closing basis. Below that my target will be 1270-50 McLeod is in long term downtrend. On dips Buy near 130 with sl 125.below 125 target will be 88. Uptrend only above 160-65
HCLINFO add keeping sl 38.above 58-60 target 76
Wipro :short was advised for 454-415 all done. Add only if sustains above 455 .
Wipro already updated to add. Now hit 467.now at breakout level, let's wait n watch.
Force has started its journey for 4300-4500
Cairn has rewarded great in recent time. Now 260 need to be crossed. So not a good investment. Better wait.
Dishman is good investment. can be added more on dips near 230-200 sl 190
Hind zinc :yes it's showing movement but better stay away. Will face resistance near 283-305-327
JBM auto completed 204 to 237........done
TATASTEEL 413 till now
ONGC : not entered
SUN TV :462 till now
BATA : Still a good entry.candle pattern is good.
HDIL,DISHTV..........DOING GREAT
TO LEARN TECHNICAL ANALYSIS WITH US CALL@07737093555
