I can help you with stock chart reading

[kuldeep49]

Hi Vvonteru,
Attached charts of Aurobindo Pharma, ETC Networks, and M&M Financial Services. Whats your opinion?

 

[vvonteru]

Hi Vvonteru,
Attached charts of Aurobindo Pharma, ETC Networks, and M&M Financial Services. Whats your opinion?

Aurobindo Pharma
Missed an entry. Wait for next.

ETC Networks
Skip

M&M Financial Services
New stock. Skip for now.

 

[MH51]

1) Hindustan Sanitryware
It was a big move from 110 to 170, it is staging for now. No entry till it moves above 170 decisivly and pulls back. If U are already in, hae a stop at 140 or 145.

2) Sesa Goa
About the same. Successfully tested 50 day EMA at 1180. Its digesting run from 1100 to 1350. Need some fire to go up. Or else, its going to stage before next leg up. No entry now until it takes out 1380 (exclude noise) and pulls back. If U are in, have a stop at 1150 (hoping U are in profits already).

vvonteru

Thanks, I'm very new to this and have not traded in Indian market yet. These were the stocks i was looking and thinking to buy but will now wait for the pull back and decide. Any tips on what to go for right now.

Thanks
MH51

 

[gracec]

Hi vvonteru
I am surprised. what happened to Cipla. It was down >60%. It must have skipped my stoploss of 600. I can't check as Indiabulls trading page is not opening. Probably the system is down
regards
geeta

 

[punterji]

Hi Vonteru,

Could you please give your analysis on

1. Jubilant Organosys -- CMP 275.35
2. Bata India -- CMP 241.00
3. IVRCL -- CMP 294.00

Is it advisable to make a new entry into these stocks.

thanks,
Vijay

 

[vvonteru]

Any tips on what to go for right now.
--- I gave the list already.

Cipla was down >60%.
--- Oh my god. It just gapped down and didn't hit your stop. Thats rediculous. I don't know what to say. Come out of it as soon as U can. Enough damage done.

1. Jubilant Organosys -- CMP 275.35
Wait for entry.

2. Bata India -- CMP 241.00
This stock goes up and stages for 2 to 4 months (lays eggs). The recent uptrend looks different, hopefully with no staging. Yesterday's price is kind of too high for entry. So, at this point, we have to wait if it will give us entry in the next few days.

3. IVRCL -- CMP 294.00
It is in trading range.

 

[punterji]

Thanks a lot vonteru.

Vijay

Any tips on what to go for right now.
--- I gave the list already.

Cipla was down >60%.
--- Oh my god. It just gapped down and didn't hit your stop. Thats rediculous. I don't know what to say. Come out of it as soon as U can. Enough damage done.

1. Jubilant Organosys -- CMP 275.35
Wait for entry.

2. Bata India -- CMP 241.00
This stock goes up and stages for 2 to 4 months (lays eggs). The recent uptrend looks different, hopefully with no staging. Yesterday's price is kind of too high for entry. So, at this point, we have to wait if it will give us entry in the next few days.

3. IVRCL -- CMP 294.00
It is in trading range.

 

[alok]

Cipla went ex-bonus (3:2) y'day and therefore no surprise on that fall. If you calculate then it was down only by 2 Rs (i.e. 0.75%). I hope this will clarify the things.

Hi vvonteru
I am surprised. what happened to Cipla. It was down >60%. It must have skipped my stoploss of 600. I can't check as Indiabulls trading page is not opening. Probably the system is down
regards
geeta

 

[rvgandhi]

Look at 5 year chart. It is stuck in downtrend. Switch to better ones.

Dear Vvonteru
Thanks for your views on Uttam Steel... your ability to analyze charts is awesome!!

I have attached the chart of Nava Bharat Ferro (Navbarfero.ns). Kindly share your views/insights..

 

[jntrade]

Hi vv,
Some sector data is here too!
http://sify.com/finance/equity/market/eqsectorcompany.php
Regards
JN