Charts for the Day

anilnegi

Well-Known Member
Ghanaga

just sharing a thought, both in weekly and daily it is under 50 100 & 200 SMA, 369 is weekly 200 SMA where it has been rejected twice, so i think there is no entry in this stock, rest anil ji will confirm





anil negi
 
Anil Ji, Can you please comment on SUNTV. Entry at 350, SL 340, Target 375. Can we take this thread tomorrow. It has closed with huge volumes today.thx






Dear ghanaga,

Sun TV on monthly/weekly/daily not looking so good. A weekly support did coming near to 340 zone.

Looking at hourly/daily charts it seems one more move before lows of 340 pending. It may come or may not.

So we have aggressive trade here only.

First either let it go towards 340 and when it move back above it, one can go long with SL comforting you.

Secondly, When it starts to show strength with closing on daily above 356-360 zone.
 
Hi anil,
SBI on the daily charts has given two consecutive dojis. Posting the chart. Want your opinion on whether to go long with sl at 2530 spot level

Dear Esse,

SBI in uptrend on daily/weekly/Monthly.Aggressive stoploss coming at 2500. And conservative traders can keep it at 2420-2425 zone.

Doji on daily implying indecision as closer to resistance zone. Today trying to move up. A caution if failed to sustain previous days high.
 
Anil Sir

Please tell me about the prospects of L&TFH
I have some positions. The scrip started an up move since yesterday after a dull period.

Thanks
Dear niftydatamagic,

Its in momentum uptrend on short and intermediate term. Clean bars indicate bull in control. expecting a resistance zone near to 76.5-77 zone. Above that it can break all time highs.

Caution if closes below 67.
 
Thanks Anil ji on Sun TV.

Sun Pharma today has come to nice support levels and bounced back. I know there is some news on this counter today. Just taking the technical perspective, Can we go long at 825, SL 802, target 870. thx
 
Thanks Anil ji on Sun TV.

Sun Pharma today has come to nice support levels and bounced back. I know there is some news on this counter today. Just taking the technical perspective, Can we go long at 825, SL 802, target 870. thx
dear ghanaga,

As long as you have proper risk plan in place. Yes this can be attempted long.
Remember, after testing crucial supports, always see a follow up in price action. If its missing then better to put money somewhere else.