Tag Archives: daily trading strategy

Stock Technical Analysis: PNB, Jubilant Food and LIC Housing

By | May 10, 2013 6:54 am

Jubilant Food Jubilant came up with a bad set of numbers, stock took a beating in last 1 hour. Stock closed below important support of 1020which stock has held from past 1 year. Break of 1020 on weekly basis will spell trouble for bulls. Buy above 1030 Tgt 1045,1055 and 1073 SL 1018 Sell below… Read More »

Daily Trading Strategy:IDFC,Hero Moto and Century Textile

By | May 8, 2013 6:49 am

Century Textile Century has broken out of its resistance zone of and closed above its 50 SMA.Follow up action should be seen today and move towards next zone resistance of 327 Buy above 318.5 Tgt 321,324 and 327 SL 316.5 Sell below 312 Tgt  310,307 and 303 SL 314   Hero Moto Corp Hero Moto… Read More »

Stock Trading Chart: HDFC, RIL and KTK Bank

By | May 6, 2013 11:41 pm

HDFC HDFC forming a small descending triangle formation and breakout should come soon. Buy above 854 Tgt 860,864 and 869 SL 852 Sell below 845 Tgt  842,837 and 830 SL 847 Reliance RIL is approching the higher end of its trading range with a close above both 50/200 SMA sugeesting range breakout on cards. Buy… Read More »

Intraday Stock recommendation:Tata Motors,DLF and RCOM

By | May 6, 2013 7:28 am

DLF DLF has been bouncing from Fibo Channel support from last 5 times.Above is 4 hour chart of DLF and 222-225 has provided support and lead to bounceback till 250 odd levels. Buy above 234 Tgt 237,240 and 244 SL 231.5 Sell below 230 Tgt 227.5,223.5 and 219 SL 232   Tata Motors Telco achieved… Read More »

Stock recommendation:IRB,Ranbaxy and JSW Steel

By | March 13, 2013 6:52 am

IRB IRB share value is approaching its long term falling trendline resistance, Stock has formed a base around 112 odd levels . Stoch is approaching 80.6 and unable to cross the 80.6 Stoch indicator can form a double top and lead to pullback in stock till 115. IRB share is also approaching cluster of long… Read More »

Intraday Swing Trading Calls: ICICI Bank,JP Associate and Hindalco

By | February 4, 2013 8:25 am

ICICI Bank ICICI Bank we had discussed few days before pulled back from the resistance of 1232 and is back to 1167 which is a trendline support.Holding the low of 1167 bounce back can be expected.   Buy above 1180 Tgt 1192,1203 and 1216 SL 1167 Sell below 1165 Tgt 1158,1145 and 1122 SL 1172… Read More »