wildwildmoney

wildwildmoney

Dhampur Sugar seems to be getting ready to test level of 230 where its all time resistance zone exists. Risk reward is favourable for a long setup with a stop below 150.

wildwildmoney

Copper daily chart seems to be losing steam as momentum failed to touch the overbought level as the price made new highs. The risk to reward favours a short setup. Red line - Stop level Green Line - Target level

wildwildmoney

Bharti Airtel weekly chart history does give a clue of what has happened when rise in price was not supported with rise in momentum. Details in the chart.

wildwildmoney

If i read this right, seems like this counter is heading for a 50 % correction if it fails to get back above 950 . Major distribution taking place. Target price is 400.

wildwildmoney

Refer chart for remarks

wildwildmoney

Check chart for details.

wildwildmoney

Seems like an bearish cup n handle formation in the making for SpiceJet. 2018 has not been that great for the Airlines sector in India mainly due to Rise in Crude prices. Spicejet seems like it will make a new low for 2018 in short term testing the support zone of 75 - 80.

wildwildmoney

It seems like Gillette India - ("The best a man can get") is gearing up for a potential big move. I am placing my bet on an upward breakout respecting the exiting long-term uptrend. Entry above 6900 , Stop below 6300 (closing) for target of 9200 (Time frame 3 months) RR 3.83

wildwildmoney

Entered Reliance energy @ 1125.90 .... It broke out upwards after 36 weeks of consolidation and if it stays above 860 then we are headed towards 1400 - 1700 levels

wildwildmoney

Tata Motors looks really weak on the weekly charts. The latest weekly bearish engulfing candle shows that the bears are in strong control after wiping off gains of the prior 2 weeks. Weekly Lower Highs & lower lows along with break of crucial support level of 420 in August 2017 signal strong downtrend to continue. Stock seems to be headed to retest its support...

wildwildmoney

Infosys seems to be struggling to hold on to support level of 915-905 on weekly charts. The chart structure looks really weak and a break below 900 would drag it to levels of 840 levels which should potentially act as the next support level (July - Aug 2014 level). Trading strategy : Short @ current level of 916 Keep stop @ 954 Target price : 840 Reward to risk...

wildwildmoney

Potential Double bottom pattern (Adam & Adam formation) awaiting upward breakout observed in Concor India Ltd weekly chart. Resistance zone is at 1200-1250 levels. A close above 1250 with higher volumes would indicate confirmation of the Double Bottom pattern formation which is a bullish sign for the stock. Swing Trading Strategy : Buy : Above 1250 level (on...

wildwildmoney

Page Industries just broke above the Cup n handle resistance zone (neckline) of 17000 - 17300 area this month after consolidating in sideways pattern since June 2015. The recent breakout in July confirms Bullish continuation for long term. Investors can go long in this counter as per below strategy. Trading Strategy : Buy @ current levels 17700-17955 1st Target...

wildwildmoney

Bharti Airtel testing the rectangle resistance line @ 380 where a lot of supply is currently visible in the rectangle bottom pattern formation A cup n handle formation within the horizontal rectangle Bottom pattern is visible. A Close above this resistance line would signify an upward breakout. High volumes expected. Trading strategy : Buy above 382 Target...

wildwildmoney

Just saw Spice Jet breakout from downward resistance line with a bullish engulfing candlestick and RSI rising. Currently trading above its EMA 30 which should act as a support level. With Crude under severe pressure we can see airline stocks like these benefit with low oil prices. Trading strategy : Buy @ CMP 108 levels Target :123 Stop loss : below 100 Happy trading.

wildwildmoney

Coal India seems to be struggling at current level of 277. With lower High and lower lows on daily charts. With Nifty Index under pressure coal india may be break support of 275 level. Trading strategy : Short below 277 Target Price : 250 Stop Loss : 290 Reward to Risk - 2:1 Trade Safe.

wildwildmoney

Mr.Anton's post on linkedin made me curious to look into the technical picture Refer the chart for comments & trading strategy. Trade Safe - Always keep a stop loss.

wildwildmoney

Buy XAUUSD @ current levels of 1290 for Target price of 1400. Keep a tight stop below 1245.