Charts for the Day

[karthik_sri]

ANDHRABANK in watchlist...made triangle and closed below the support...wait to watch 62.70 level for further fall...

 

[rangarajan]

from the archive, may be useful in selecting the shares


http://www.traderji.com/technical-analysis/620-guppy-multiple-moving-average.html

 

[karthik_sri]

ARVIND...was in my watchlist...going up high after breaking Resistance...
Anilgi what would be the target

 

[karthik_sri]

Dear KArthik,

Its in downtrend, but showing some sign of support here. LEts see , yes trading in a triangle and moving towards apeax so readying itself for a breakout...
115.65 is a good support zone here...Breaking 119.25-35 can see breakout on upside...

BANKINDIA...closed at 115.35...will it move to 113.30 the nearest support!

 

[anil_s_trivedi]

anil Trivedi,

What is your call on Wheelindia.

Stock in intermediate downtrend. For current rise to materialise see support at 1060. Upside resistance zone at 1280-1290.

 

[anil_s_trivedi]

ANDHRABANK in watchlist...made triangle and closed below the support...wait to watch 62.70 level for further fall...

Dear Karthik,

Dont see any triangle as of now. On hourly at best looking like falling wedge, but too dicey to trade here.

 

[anil_s_trivedi]

BANKINDIA...closed at 115.35...will it move to 113.30 the nearest support!

Failed to hold that support zone. May test 113.7 zone. Although a good looking divergence coming in daily charts. Stock will be watchable candidate for the same.

See strength if closes above 118.3 zone. Range on daily has been narrowing down, stock will move in either direction with force now.

 

[anil_s_trivedi]

Happy New Year....to all TJ members...

Let the coming year be full of Best of Health and Wealth...Follow your Heart and Achieve your goals...Simplify the things around you, & Trading strategy too...

 

[sabhlok_r]

Dear Sabhlokji,

Stock crossed crucial zone of 440. As long as it is holding it, stock will go on higher levels with retracements in between.Why i am saying this, stock showed a better constructive on monthly.

So, now on we want to go long here in this stock. And trail your positions if you have any.

Upside levels to watch 528 / 560 levels.

Anil Bhai, looks like it was just waiting for your confirmation. :thumb: Beyond all expectations, it touched 595 today. Thanks once again for your views.

 

[anil_s_trivedi]

Anil Bhai, looks like it was just waiting for your confirmation. :thumb: Beyond all expectations, it touched 595 today. Thanks once again for your views.

Watch 620 / 635 / 700 / 725...
Mind you, i am not saying this it will touch here, but its S/R zones...so watch there closely...