Tag Archives: stock future trading

Stock Technical Analysis: PNB, Jubilant Food and LIC Housing

By | May 10, 2013

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

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

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

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 »

SBI, Rel Infra and M&M Technical Analysis

By | May 3, 2013

Reliance Infra Rel Infra has been rising steadily from 315 levels and is near an important resistance of 395, unable to cross 50 SMA can see pullback in stock.Last time it touch 50 SMA @524 and corrected till 315. So tomorrow is an important day of trading. Buy above 398 Tgt 405,412 and 420 SL… Read More »

Stock Trading Levels:RIL,ICICI and SBI

By | April 8, 2013

Reliance Reliance Industries has taken support its demand area of 760 range and as shown a pullback on Fridays session. Stock is forming a big descending triangle with trigger point closing below 760,On Upside 782 leads to breakout with minimum target of 800. Buy above 782.5 Tgt 786,791 and 800 SL 780 Sell below 776… Read More »

Stock recommendation:IRB,Ranbaxy and JSW Steel

By | March 13, 2013

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 »

Stock Trading Strategy:Infosys,Century Textile and Rel Infra

By | February 19, 2013

Knowing the difference between you making a mistake or the market simple not matching your style will go a long way in keeping down your stress and negative self talk.  Infosys Infosys gave a explosive upmove on its results day and then went into slumber mode,from past 28 days stock has been trading in range… Read More »

Technical Analysis:SBI,Axis Bank and PFC

By | January 29, 2013

SBI SBI the main index contributor for Bank Nifty is very crucial juncture before the RBI policy, Stock has taken support at 2483 and resistance at downward trendline at 2533. Below 2483 stock can fall till 2424 odd levels and above 2533 2570 is on cards. Buy above 2504 Tgt 2522,2550 and 2574 SL 2483… Read More »

Traders Stock:PFC,BHEL and Mastek

By | January 22, 2013

“Two of the cardinal sins of trading—giving losses too much rope and taking profits prematurely—are both attempts to make current positions more likely to succeed, to the severe detriment of long-term performance.” -William Eckhardt PFC PFC has been trading in a range from 202-213 from past 4 weeks. Stock is trading at upper band of… Read More »