Monthly Archives: June 2010

Technical Analysis of Chennai Petroleum,Crompton Greaves and Indowind Energy

By | June 29, 2010 10:41 pm

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 »

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

By | June 20, 2010 1:01 pm

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 | June 18, 2010 1:37 pm

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 | June 15, 2010 2:09 pm

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 »

SBI,DISH TV,Bharat Forge Technical Analysis

By | June 6, 2010 1:30 pm

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 »

Nifty Technical View

By | June 6, 2010 10:32 am

Nifty Futures Technical View Nifty Future technical  analysis for week starting 7 June is as follows As seen from the attached daily chart we did a break above 34 EMA and triggered SL for many longs also as discussed from last week Nifty Technical View 5110 was trend line resistance and above that we can… Read More »