Charts for the Day

[ravi2126]

Yes, it seems the price reaction down have volumes but failed to have follow up on downside. While bulls came in with volumes afterwards, taking price up comfortably...

breakout with good volume today....

 

[ravi2126]

Anil'ji MA is droping on volume side ..is there any significance ...how to read this ?

 

[anil_s_trivedi]

Anil'ji MA is droping on volume side ..is there any significance ...how to read this ?

Dear Raviji,

Stock tested highs of march-15 and hovering around there...volumes is below average on this rally...But closely looking at volumes, the reason is mainly high volumes bars of july-2016, still after that the volumes on downbars was not great one. Infact up bars have witnessed good volumes in this uptrend so far.

Till i get a good downbar with high volumes, its still in uptrend...

 

[anil_s_trivedi]

Cola India and merck hovering near 200 SMA's...

 

[VJAY]

 

[venkatachalamsri]

Hi Anil,
Appreciate your contribution to share your knowledge with member group


Sent from my iPhone using Tapatalk

 

[anil_s_trivedi]

Asian paints stock in uptrend since may after consolidation for more than a year...it breakout at 900-920 levels and rallied till 1227 thats a 35-36% run...

Stock just landed at 50 SMA on daily charts, looking overextended in short term can see reaction below the support zone of trendline ans 50 SMA...

Closing above 1190-95 is positive for stock...

 

[VJAY]

 

[anil_s_trivedi]

Vjay ji,

Tracking this one, missed entry yesterday...was a nice breakout with volumes as well...
Stock showing some good sign for long term...

Will try to enter on retest towards 35-35.5 zone...or else let it consolidate here and then on breakout of the same...

 

[VJAY]

Vjay ji,

Tracking this one, missed entry yesterday...was a nice breakout with volumes as well...
Stock showing some good sign for long term...

Will try to enter on retest towards 35-35.5 zone...or else let it consolidate here and then on breakout of the same...

Dear anilji,
Where can entry if we followed it yesterday?Looking @lower tf above the trend line?Or @bo?