Tag Archives: Volume Climax

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 »