Monthly Archives: June 2010

Technical Analysis of Chennai Petroleum,Crompton Greaves and Indowind Energy

By Bramesh | June 29, 2010

Chennai Petroleum Chennai Petroleum if you see the stock price from past few trading sessions one thing is observed that 100 SMA is  quiet diffcult nut to crack for this stock.After breaking 100 SMA stock has attempted atleast 4 time to crack this elusive resistance and was unable to. But Can it do this time?… Read More »

Technical Analysis of HCL Tech and JET Airways

By Bramesh | June 25, 2010

HCL TECHNOLOGIES HCL showed a sharpp bounce from 353 Levels which is coincidentally its 200 SMA,but on shorter time frame failed to cross above its trendline as indicated on charts MACD is showing a sell signal,RSI moved into near oversold zones,Trade can be intiated both on long and short side depending upon levels given Buy… Read More »

Trading Calls in ICSA,Super Spinning Mills,Reliance Communication,Gillette India

By Bramesh | June 20, 2010

Following Stocks are covered ICSA,Super Spinning Mills,Reliance Communication,Gillette India.Keep booking profits and as per your risk levels. Super Spinning Mills Super Spinning is forming an Inverted Head and Shoulder Pattern with Neckline placed at Rs 14.05.Stock is havig lot of trading Intrest Build up and can see higher levels if and only if 14.05 ie,… Read More »

Nifty Intraday Trading System

By Bramesh | June 18, 2010

Following is Nifty Intra Day trading System which can be used by Intra Day traders to make Profitable trades. I call this Trading System Nifty SMA Cross Over System System Consists of : 1. Open the Nifty Intra Charts Site — http://niftyrtcharts.blogspot.com/ . Go to 3 Chart where our Trading System is Present. [Click on… Read More »

Technical Trading Rules

By Bramesh | June 15, 2010

Following 10 Trading Rules can be used for Trading Future,Margin Trading and Trading using Technical s. 1. Map the Trends Study long-term charts. Begin a chart analysis with monthly and weekly charts spanning several years. A larger scale map of the market provides more visibility and a better long-term perspective on a market. Once the… Read More »

Essar Oil,Karuturi Global,Rolta and Tata Steel Technical Analysis

By Bramesh | June 13, 2010

ESSAR OIL Essar Oil has formed a Pennant Formation on daily charts and formed 2 Doji with less volumes also. MACD and RSI are also in Buying Mode but Essar Needs to cross and sustain the Trend line resistance at 128 levels for its next upmove. Buy Above 128 Tgt 130 135 and 139 Sl… Read More »

SBI,DISH TV,Bharat Forge Technical Analysis

By Bramesh | June 6, 2010

I would be covering the Following Stocks as my weekly technical picks SBI,DISH TV,Bharat Forge,Jindal Saw,United Phosphorus State Bank of India SBI has formed double top at 2348 levels and it is having a bearish implication.Negative divergence is easily visble in RSI. On weekly charts also stock is trading in the range of 2160-2340 Levels.… Read More »