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

[babukraman]

LokeshMachines

29th Sep Close @ 55.50

Weekly in Uptrend with Ascending triangle formation. Resistance around 58.50 levels. Target zone in case of a b/o will be around 16 points

 

[babukraman]

JindalSaw

Channel or Ascending triangle

 

[babukraman]

Auto Axles: Strong resistance around 500 levels > Bearish down bar reversal formation > stock may pull back to the up trend line due to this > bigger picture is ascending triangle formation > if 500 b/o, tgt will be (500 - 390 = 110 points) 610 > Target calculation zone has been "arrowed".
Cheers!
Turtleboy

http://img202.imageshack.us/i/20100921automotiveaxles.png/

Autoaxles followup

29th Sep Close @ 515.90

On the 28th b/o above 500 levels as discussed on the 21st. Today gap up. Can we expect a target of 540 levels? (as per weekly double bottom b/o also the target is 540)

Daily RSI and STOC downtrend line broken as well.

 

[Prashant Patel]

what about NFL, can you provide some TA regarding it?

 

[babukraman]

XLTELENE not charted on 9/24. @@WHY??@@
Close on 09/24 @ 31.90
Long term weekly in down trend; this week Perfect Bullish Up Bar reversal at which has taken out the previous 6 weekly closes. RSI and STOC have broken out their respective down trend line.

 

[babukraman]

what about NFL, can you provide some TA regarding it?

Dear Prashant Patel,
Please find below my views and charts. Please give me your feedback.
NFL Daily

and NFL weekly

 

[Prashant Patel]

Dear Prashant Patel,
Please find below my views and charts. Please give me your feedback.
NFL Daily

and NFL weekly

Thanks, but want to know should i buy at support level, so as i could close my position at resistance level.

 

[babukraman]

Thanks, but want to know should i buy at support level, so as i could close my position at resistance level.

I've posted on the daily chart itself, "Buy @ Support level with a strict SL for a low risk, high reward trade".
Why strict SL? Since July, the stock is in trading range. Touching the resistance two more times. But, RSI and STOC is making Neg. divergence. So, a stricter SL is must.
With all due respect, it's going to be your decision as my views are for guidance only.
Thanks!
Babu Kothandaraman

 

[Prashant Patel]

I've posted on the daily chart itself, "Buy @ Support level with a strict SL for a low risk, high reward trade".
Why strict SL? Since July, the stock is in trading range. Touching the resistance two more times. But, RSI and STOC is making Neg. divergence. So, a stricter SL is must.
With all due respect, it's going to be your decision as my views are for guidance only.
Thanks!
Babu Kothandaraman

Got that right!
:clap:

 

[Subhadip]

great work..
keep going......