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

anayash

Well-Known Member
Hello Babu,

I am concentrating on options for a while....so not able to post any charts on equity!!

Will get back to chart posting soon!:)
 

dhootankur

Well-Known Member
http://img63.imageshack.us/i/sintex2.png/ sintex daily may be case of vsa
see the volume of last candle, it may be a selling climax or shakeout from a support. lets see the follow up . if the black bar of last candle is longer then it may be selling climax and the candle at oct 10 is a buying climax. smart money tried to offload some portion and in weakly chaRT there was a clear divergence in rsi and stotasics at top
If you look at little bigger time frame...then a trendline is giving support near 160 to this stock...if 160 is held this time then we can see sharp move on upside..but as of now looking at daily its forming Lower Low - Lower High.
 

dhootankur

Well-Known Member
Godrej Industries - Looks like have taken good support at 164. Trendline has given good support and last two down swing has made some +ve divergences. More likely this stock is expected to go up, so last swing high is 184. So if stock crosses 184 then either u can add here or u can wait for retracement after this rally and then pick it up. As of now 165 - 165 should be SL if you wanna enter.

 
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kaly422000

Well-Known Member
If you look at little bigger time frame...then a trendline is giving support near 160 to this stock...if 160 is held this time then we can see sharp move on upside..but as of now looking at daily its forming Lower Low - Lower High.
yes i overlook the weakly chart but it may take time to recover, for short term sl sud be previos day's low. analisys some what from vsa angle with my little knowledge about that
 

dhootankur

Well-Known Member
Oswal chemicals looks like has made Cup and Handle Pattern and now trying to make a break. Let's c 2morrow or in coming days if it can cross 23.50 - 24 with Good Volume, if this happens then we can see near 30 after BO as 1st tgt and near 40 2nd tgt.

20 - 19 is good support as of now.


I think so nobody did it... :confused:

Anyways as expected stock given breakout with quite good volume of 2.5 times of 10days average volume. After this stock has retested 24 level by making low of 24.35 and then up up up touching 32.80's high. Quite good till now and expecting more from it, as volume build is good on upside now.SO one can add on dip now again when ever in retracement.