Delivery Calls

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Jai.Shewaramani

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#141
#141
Markets might see some sideways movements.

In the weekly charts, we see the big correction and a big bear
candle which indicated the sell off and profit booking kind of scenario.
Now, as we see the retracement levels, and in the bull run if any
correction arises, these levels should act as strong supports. If 61%
support breaks (9,611) we will enter in the confirmed bear phase.
The 38% and 50% levels 10,775/10,165 respectively should hold strong
and should not break.
We saw the correction in Oct. month as shown in the circle in the
attached chart and the rise was seen thereafter, which even now will be
seen after this correction is over.

Jai Shewaramani
 
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Jai.Shewaramani

Member
#145
#145
SENSEX THIS WEEK

The markets have taken supports near 61% retracement (9611) which I had indicated in my earlier report and closed higher by making an hammer in the weekly charts. Now I predict a rise in this week till 11750 (provided that 11,150 is broken consistently) and any close above this level, we will see a rise till the high (12,671). Or, on the other hand (if 11,150 is not broken), we can see a bear flag in the formation. Sensex can be in the range of 9675 till 11,100. I will give u the detailed report after mondays closing.

Jai Shewaramani
 
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mohdbinhaid

Member
#148
#148
Hello jai,

can u give ur technicals on the following scrips, i will be very grateful...

1. GTL
2. Dr Reddys Lab
3. Divis lab
4. VST Industries

Thanks in advance

Regards
Mohammed Bin Haid
 
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ragsid

Active Member
#149
#149
Hi Jai,

I would like to know how do you calculate the retracement levels? This is just for learning, so please reply when you are free......

Thanks in advance,

Rags
 
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newbietrading

New Member
#150
#150
Hello Jai
what do you suggest for Prime focus IPO??

I am totally new to trading.
Have got some stocks like Arvind Mills, Eastern Silk for a long term perspective.

Now I am looking for stocks on a short term. Can you suggest some.
I will be great ful to know.

Regards,
Newbie
 
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