Charts for the Day

[anil_s_trivedi]

 

[anil_s_trivedi]

A series of chart will be posted, where stocks exhibiting near its a breakout resistance line, some may be retesting the same...some will just hovering around nearby ready to breakout...Archies and Bluedart are first two...

 

[anil_s_trivedi]

BombayRayons Fashion

DLF

 

[anil_s_trivedi]

FIEM Inds

Hind Rectifiers

 

[anil_s_trivedi]

Kesar Terminals and infrastructure

 

[nitingosavi]

Anil sir,
can you analyse silver and crudeoil.. short term and long term ?

coal india / bhel?

thanks.

 

[anil_s_trivedi]

Anil sir,
can you analyse silver and crudeoil.. short term and long term ?

coal india / bhel?

thanks.

Silver is in downtrend on intermediate term. A price action wise on weekly a double bottom got tested and stock been bouncing since on average volumes.
Its almost a 10 month long pattern so timewise it will have pronounce effect if it materializes on upside.

Slew of resistances here at 37750-800 levels. many are from S/R frond and one is crucial downtrendline running since past two years.

Momentum wise on weekly a constructive action going on, looking at it seems any retracement will be bought into now on.

Short term action will be negative if breaches 36500 levels. Support then at 35700 only. Above 37300 strength can retain in if stock holds this level well.

Crude is in downtrend...still sign of great accumulation missing in. Although there is relative improvement in its performance vis-a-vis general market. All long term/short term levels marked on chart...

 

[anil_s_trivedi]

Anil sir,
can you analyse silver and crudeoil.. short term and long term ?

coal india / bhel?

thanks.

Coal India analysis on charts....

For Bhel, see short term strength above 215 - 216....Weakness below 205-206...

I will be bullish on Intermediate time frame above 225-230 zone only...Rest all is short term play here...

 

[anil_s_trivedi]

 

[ravi2126]

anil ji one confusion was there...
which moving average must b follow
SMA OR EMA...as i know u prefer SMA ...i also trade on weekly basis...so to much confusion (on daily basis)
weekly i prefer 10 & 40SMA as U indicates
pls guide....