Pattern, Price and Time: Using Gann Theory in Technical Analysis
Bajaj Auto Bajaj Auto has given a triangle breakout and Bulls are trying hard to close stock over 1870 which is 200 DMA. Close above 1870 will change the long term trend of stock and will head towards target of 1930 in short term. Buy above 1870 Tgt 1887,1900 and 1911 SL 1863 Sell below … Read more
SBI SBI is trading near its trendline resistance as shown above and formed a perfect DOJI candelstick near the top. Negative divergence is visible in RSI and Stoch. Bulls need to take caution. Buy above 2444 Tgt 2462,2487 and 2509 SL 2434 Sell below 2412 Tgt 2400,2388 and 2370 SL 2424 Tata Motors Tata … Read more
Reliance RIL closed above its 200 DMA with bullish engulfing pattern, Stock once its crosses above 845 can see a breakout move till 870 in short term. Buy above 844 Tgt 849,855 and 861 SL 841 Sell below 833 Tgt 828,825 and 822 SL 836 JP Associate Buy above 81 Tgt 82.1,84.1and 86 SL … Read more
April Series came to an end and Stock Calls given on site have made profit of 1.28 Lakhs. For the reference of readers the performance sheet for the Month of April/March Expiry has been updated, can be accessed from http://tradingsystemperformance.blogspot.in/.Will update May Series calls performance today evening. Maruti Maruti has been on magnificent run as … Read more
April Series came to an end and Stock Calls given on site have made profit of 1.28 Lakhs. For the reference of readers the performance sheet for the Month of April/March Expiry has been updated, can be accessed from http://tradingsystemperformance.blogspot.in/. HDFC HDFC has seen a fast rise today during last 30 mins of trade, Stock … Read more
HDIL HDIL after forming base formation gave a rise today backed by volumes, Stock took resistance at its 50 DMA and pulled back.Able to cross 59.5 tomorrow can see the pullback rally to continue else will fall back to 50 odd levels. Buy above 56.3 Tgt 57.6,59 and 60.2 SL 55.2 Sell below 55 Tgt … Read more
SBI SBI has taken resistance at falling trendline and was unable to cross the supply zone of 2094-2097. Buy above 2097 Tgt 2112,2130 and 2143 SL 2081 Sell below 2065 Tgt 2050,2035 and 2020 SL 2081 Reliance RIL is coming with its results tomorrow evening,Stock again bounce back from its demand zone of 765-760 … Read more
Infosys Infosys will be declaring its results tommrow. Stock has broken its 2 months trading range of 170 points. Unable to move and close above 2856 will keep stock under pressure. Buy above 2837 Tgt 2856,2873 and 2888 SL 2827 Sell below 2803 Tgt 2785,2767 and 2745 SL 2815 Tata Steel Tata Steel is forming … Read more