Pattern, Price and Time: Using Gann Theory in Technical Analysis
Educomp Solution: The top five holdings for Goldman Sachs Invest Mauritius were LIC Housing Finance , Lanco Infra, CESC, United Phosphorus and Educomp Solutions. GoldMan Sachs was in news for Wrong Reason and we can see a selling on the Scripts Held by the Company. Educomp Solutuion is showing good support at 100SMA,which i belive … Read more
HDIL is showing good strength with the increase in volumes and stock is showing trend line resistance,around 308 and 200 SMA lies at 312 So if the stock closes above 312 it can rally till 315 318 and 328 which is 100 SMA.
Stock is showing consolidation pattern and should be geeting ready for a next upmove. United Spirits is showing good support at its 50 SMA as shown in charts,showing support around 1330-40 levels.Its is not breaking a certain level in such a weak market shows it has been accumulated by investors and traders. RSI and CCI … Read more
Buy Tata Steel above 659 for a target of 665 and 677 Support is there at 640 and 628 Doji formation on daily charts and indicators are oversold on charts Short at 415 for a tgt of 400 and 392 SL 420
NMDC has been in news for all wrong reasons in coming few days and stock took severe beating starting from 500 levels to around 280 odd levels in around a month time frame. Looking at the daily chart of NMDC stock looks quiet oversold on charts and bounce back to the channel top is immmenient. … Read more
Patni Computers is forming Higher top formation on daily charts and taking trend line support as shown in the charts Attached. Stocks is facing a tough resistance around 530-34 zones and if that levels got crossed we may see a quick move to levels of 542 and 549. Support for the stocks comes around the … Read more
Technical of Jumbo Bag Indicated accumulation Pattern in this stock is going On.Trading interest is reduced or near to null.But smart players are accumulating this stock As seen from the chart the stock is not breaking its support at 30.When ever it goes neae its lower range volumes increases on that day. 5 EMA is … Read more
Tgt 139 and 144 NIFTY FUTURE Levels for tommorow resistance at 5115, 5143 and 5193. Support at 5065 and then 5037.
On Daily Charts 370 levels is providing very good support as shown in Charts So keep a Sl below that Position. On Weekly Charts we are seeing a formation of Flag and Pole Pattern.It is consolidating in the range of 370-395 for few trading Sessions.Once it breaks that level we may see 404 408 and … Read more
In the recent advance of 2009, it thrust above that zone and now in the consolidation zone above that mark. As per the last two weeks price rise, it has formed the fresh buying pivot while the supporting oscillators are also confirming further up move in the near term. So one can accumulate in a … Read more