My charts (and yours too........)

[doctor_a]

chart of bank of india falling below 387...tried to come back for couple of days but pushed back by bears...last close 384 and 5 day low is 383..if it goes below 383 it will be sell

 

[doctor_a]

look at axis bank crossed simple 200 dma approaching towards last top ...relative strength above 60 i guess its a decent buy above 1340rs... ur suggestions plzz

 

[doctor_a]

Hi,
,

problem with smallcaps is that it gives whipsaw and low volume never gives confidence to trade in them for short term trader

 

[4xpipcounter]

Uploaded with ImageShack.us

Doctor, I'm posting my chart because I'm hoping it might, in part, answer your question.

Notice the 3 red lines on my charts. They come from my proprietary formula. The middle is the WP (weekly pivot) that is simply where price action started for the week. The line on top is the WR1. It was broken, then there was a correction back to it, then price moved higher.
Price reversed, went sideways at the WP, then broke it, corrected back to it, then went even lower.

I don't know the nature of your S&R's, but I would think it would typify the scenario just described. In essence, even if your market breaks that level, watch what happens. It would be your cue for the future if it does pull back after the break, then rises higher.

 

[gb333]

dear experts...
kindly advice me on Vijayabank current month fut... should i buy or sell it for this expiry?

regards

 

[doctor_a]

dear experts...
kindly advice me on Vijayabank current month fut... should i buy or sell it for this expiry?

regards

going below 64 is going short opportunity...64 is last support

 

[gb333]

going below 64 is going short opportunity...64 is last support

What would be the next support after 64..its recent low 62 was the 52 weeks low. kindly advice

 

[adityasaraf007]

Nifty Spot Daily:

 

[adityasaraf007]

Canara Bank Daily:

 

[adityasaraf007]

Wipro Daily:

Similarly, may other Stocks are around crucial Support Levels.