Charts for the Day

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Just a plain reading with S/R lines...


Stocks to Watch :

AmbujaCem - CMP: 205.55
Supply levels - 206.5 - 207.5, strength above this till 219 / 223 levels

LIC Housing - CMP: 502.55
Supply levels - 530-540....strength above this only...Its fibo projected
zone..

L&T - CMP: 1289.55 A close above 1290 zone can see higher levels...Too much selling
been done here...need to watch this stock...

Voltas : CMP: 311.75...See resistance at 315-320 very crucial one...difficult to
cross...reaction seems to be there...

Wipro : CMP: 564.05 ....Support - 550 trying to hold as of now....weak below this...





 

rangarajan

Well-Known Member
Just a plain reading with S/R lines...


Stocks to Watch :

anil Trivedi

the levels given by you were from Daily/Weekly or Hrly charts?

If they r from Daily ,then u had justified the levels today in Hrly charts.
If they were fro Hr it is in harmony.

Now for positional trade, which TF u select.

In yr order of preference for trading, u had given long term as first preference.
For this ,which TF u c.And what will be yr s/l, whether same TF - correspoding TL, PL, etc.

Current chart pattern - Dly or weekly or Hrly

Spot for entry/exit - same query

And last, for intra, where u will look at for S/R.
Is it visual Price action or some other like Fib,pivot, etc.
You will consider Pivot or Not for trend & s/l decision

And in post 2094, what was the message u wanted to convey to a trader who wants to follow the post.
ie if one wanted to Long, what one should had done or for mirror. for sell
with that post as guideline, how one should have acted in those shares?