Long or Short Opinion

[rajputz]

Little Updates about the ghost that appeared on CCI. HINDPETRO, BPCL and new Reverse Ghost occuring on HINDALCO.

HINDPETRO


BPCL


HINDALCO

HINDPETRO

BPCL

HINDALCO

 

[simple_trader]

There may be some resistance around NIFTY spot level 5230-40 tomorrow. In case we are unable to cross this range, then there is a chance that we retrace to 5150-60 spot level. If we break out above the range, then up move to continue. I guess chances are more that we would make retrace. Finger crossed!


Happy trading!

 

[vikrammg]

HINDPETRO

BPCL

HINDALCO

can i get link to this software which u r using

 

[rajputz]

Its amibroker...you can find it on google...

 

[rajputz]

Rainy saeson started people with GF are now coming at forum when mkt close

Ye kiske liye tha praveen bhai.... :rofl:

 

[rajputz]

With market in positive side of the trend, i am looking for ITC on buying side Near 289 for the targets on upside of 297 / 302 / 307 keeping stoploss at 285 or 279.

CCI has given a classic ZLR, confirming all the required parameters, and stock is already in trending mode. Close above the price of 293 is positive sign for further upmove. Volumes and price movement is also confirming the upmove. Got a green candle, which is increase in volume with increase in price range, suggesting us to go green with it. Ossilators Stochastic and RSI is also showing strength.

Check the Charts: -

 

[rajputz]

Patni Has broken the lower pivot for last few days with good volume. Oscilators are also showing the downward move continuation. Although it is a counter trend trade but be cautious.

 

[rajputz]

I am expecting little profit covering for nifty or a sideways moment in nifty for coming days. Tomorrow trend Decider level for nifty stays at 5207. Tune accordingly.

 

[simple_trader]

Dear rajputz,

avoid trading PATNI (long/short). Its not a good trading stock. If you are just tracking then, fine. I guess this stock makes news based moves and moves are very deceptive!

 

[scplindia]

yesterday move on ITC was I think based on Advance tax numbers. Do you think this will continue to such high levels of 307. 293, will for near term double top. 292.70 I suppose is the life high of ITC.

Volumes I suspect are near average, not high, which is why it is a suspect move.