Charts for the Day

[ghanaga]

check out JustDial. It came off nice support

 

[anil_s_trivedi]

 

[anil_s_trivedi]

RCOM Trade:

Initiated at 115.75, holding it CMP: 120.7

Raise Stoploss on EOD basis to 116.1, those who wanna trade on hourly timeframe can maintain SL on hourly closing basis at 117.6.

This is a resistance zone on daily chart near to 121.6-122.6.
Above 122.6 it has potential to see good upsides.

For today, daily EOD close above 119.9 is a good one, and will confirm it our positive bias.

 

[anil_s_trivedi]

Nifty & BankNifty update:

Indexes moving up slowly and steadily. Nifty has support on hourly at 8015 below it, serious weakness can come in.
ON 5min, charts will show first sign of weakness below 8050 sustaining. And will confirm it with moving below morning low.

Bank Nifty:

Hourly support now raise to 15950 zone. Below it a case for weakness positional wise.
On 5min., first sign of weakness below, 16100 sustaining and moving below 16000 levels.

Always remember, weakness will spread always slowly. First on 5min, then hourly to daily and then weekly.
Until we see atleast hourly weakness, its futile to hold countertrend positions.

Control emotions/urge to compulsory trade, many losses are due to the same mistakes.

No levels is too high or too low for market...

 

[Chetan0074]

Market Range for the Month Looks 8100-7800

 

[anil_s_trivedi]

DLF got beaten up badly this week. Point for suggesting this stock is purely price action support coming up at 170 zone.

Many will contemplate to avoid this stock, but i will suggest it to purely a aggressive one categorically here. So trade accordingly.

Now focus on weekly and monthly charts, this daily chart will look like a fall on corrective leg.

Still i dont wanna mess up with falling stock, so with evidence of price action support, rising 200 SMA, and SL at 169 on EOD, stock in all looking good one.

SO all eyes this week on managing and opening position closer to SL.

DLF rocking up since reco...Yesterday hittted low and since running up.

Aggressive traders can maintain SL of 180 on hourly closing basis.

conservative one yesterdays low as stoploss now on.

 

[anil_s_trivedi]

Tata communication is got a breakout from a with volume. It successfully got closed above 50 SMA. And it is having momentum on its side to move higher. Stoploss for the trade coming at 348 a closer one. And the targets are recent highs of 412 first, and more.

First sign of weakness on daily will be close below 360 levels. But we will maintain our stoploss for the trade.

This is moving flat since reco...Resisting at highs...
On hourly -ve below support price action zone of 374...

On daily +ve as long as holding 360 now.

 

[anil_s_trivedi]

 

[anil_s_trivedi]

 

[anilnegi]

Anil ji

any views on this stock, initiated trade around 86

anil negi