Tag Archives: Stock Trading technical analysis

Stock Trading:Tech M, SBI and Maruti

By | July 15, 2013

Maruti Maruti has broken below its symmetrical triangle, 200 dma and Gann number of 1453,suggesting weakness in short term. Unable to close above 1453 in next 2 days gives short term target of 1364   Buy above 1464 Tgt 1485,1500 and 1520 SL 1460 Sell below 1438 Tgt 1422,1400 and 1380 SL 1447   SBI… Read More »

Stock Trading:Tata Motors,Infy and Century Textile

By | April 5, 2013

Tata Motors Tata Motors has been under bear pressure as soon it broke 280, stock has been trading below its 200 DMA for 3 days now, Stock has taken support at previous gap of 254 .254-55 range has been demand zone for telco stock has pulled back sharply from this zone. Buy above 259 Tgt… Read More »

Trading Stocks with Symmetrical Triangle’s Chart Pattern

By | March 9, 2013

A Chart Pattern is a distinct pattern formed on stocks/commodity chart which help in identifying the future price movements. Chart Patterns are broadly classified in two types: Reversal Patten: This pattern signals the previous trend will reverse upon completion of this pattern. Eg double top, Double bottom, island reversal, rounding bottom, Descending triangle Continuation Pattern:… Read More »