Charts for the Day

[anil_s_trivedi]

Dear Santhosh,

Just one word...Excellent....

How your eyes identified such patterns...really you have keen study of charts...

Another guy ab1trader, never miss wolfe wave...

Need to brush up my skills more....

 

[anil_s_trivedi]

lagta hai nifty is baar sabhi hadonko (resistance) par kar jayega

Dear prst,

As someones said, no level is too high and no level is too low for the 'Market'..
We never know what it will do, but yes we need to buckle up here, bcoz elections round the corner and volatility will be there...with different opinion polls...

 

[niftyoption]

Dear Santhosh Sir

You are absolutly correct , and your abservations are Awesome....:thumb::clap:

 

[LondonVisitor]

The point to post is lack of volume on weekly on daily, raising some doubts of this rally.
On weekly highest volume bar for this rally is still at lowest which is on down bar, while advancing bars are still below average volume.

On daily, also volume is below average, so we will see how it goes.
We will watch closely before pointing for the end of rally.

Excellent analysis. Points to be noted. Thanks a lot.

 

[anil_s_trivedi]

Nifty breached all time high, and made fresh highs....Some stocks are riding while still some struggling...
Many names looking good, right from banking to midcaps, but point is do we need to enter here...Its million dollar question right now...
I for one believe, one can enter here too but need to act strictly on price levels, a little bit of emotion and you will thrown out...Posting some of scrips looking good, some making base, some are continuation buys...

A lot of action in coming months, rally many believe not fundamentals driven, some are justifying it, we as a Technical investors need to act on price levels.

As a classical Technical student, broking a highs on chart is a sign of strength. And mind you failure from this is the least thing bulls will expect here..else they will be history...
So use your own wisdom, switch off that idiot box, and ride with proper money management...Bcoz coming months will be a either a roller coaster ride or a simple one directional move...

My two cents...
"Dont Fight the Market"

 

[jain.er]

Can we add ibrealestate to the list

 

[anil_s_trivedi]

Can we add ibrealestate to the list

Dear jain,

Yes IBrelaestate too is in my list, but i didnt cover the whole. Basically these are scrips which close above 50 DMA, and i study them with volume and relative strength and momentum, While analysing it i see stocks have little resistance on upside...thats it...

My complete list is:
Security Name
ANANT RAJ INDS
ASHOK LEYLAND
BANK OF BARODA
CAIRN INDIA
COAL INDIA
COLGATE PALMOLIVE
DISH TV (I)
DLF
GRASIM INDS
HAVELLS (I)
HERO MOTOCORP
HINDALCO
HOUSING DEV & INFRA
IDFC
INDUSIND BANK
IRB INFRASTRUCTURE DEVELOPERS
J&K BANK
JAIPRAKASH ASSOCIATES
JINDAL STEEL POWER
JSW STEEL
JUBILANT
MARUTI SUZUKI
NHPC
OIL (I)
ORIENTAL BANK
POWER GRID CORP
PUNJAB NATIONAL BANK
RELIANCE INDUSTRIES
RURAL ELECTRIFICATION
SINTEX INDS
STATE BANK OF INDIA
TATA POWER COMPANY
UNION BANK
YES BANK
ZEE ENTERTAINMENT

 

[anil_s_trivedi]

Can we add ibrealestate to the list

Dear Jain,

By the way, When you changed your signature....
:rofl::rofl::rofl::thumb:

 

[anil_s_trivedi]

 

[jain.er]

Dear Jain,

By the way, When you changed your signature....
:rofl::rofl::rofl::thumb:

3/4 days after he became Delhi CM; his party is an ultra leftist thats why I changed my views about AAP.

AAP can be given a chance not at national level but at state level so I will route for AAP in Haryana which is plagued by corruption of Chautala, Hudda and Vadra.

IBreal has given a strong triple bottom in the weekly chart, at what levels shall I buy please help....