Shopper stop limited made an technical bullish breakout from triangle formation past week. The stock made its life time high at 572+ and closed the week at 547.25. The last candle is highly bullish candle and had closed above its trend line resistance on breakout which indicates the continuation of trend in the stock in coming weeks and months.
USDINR on the daily charts very recently turned to long term buy mode since 16th June 2014. Currently the EOD support comes near to 59.06. USDINR will turn to long term sell mode if the support levels breaks on the weekly charts.
Silver long term technical outlook (06.03.2013) Silver now trading around 54850 (($28.70) & we have analyze long term charts for positional traders. As we can see on charts, silver started a downside move in sep 2012 & after & after that we identified seen 3 downside wave in a very rare & ideal pattern […]
Kohinoor Foods is rates as the long term investment stock. Stock Consolidates for the past 1 year there is a lengthy positive divergence. More over the stock currently trading above the weekly cloud supports as shown in the chart. Support for Kohinoor Foods comes around 54.5. Target zone comes near Rs 80.
I have just two charts with me take a long term buy call in Idea. Lets have a look with the first one. First Chart is as usual my all time favorite long term Breakout GANN Chart of IDEA with long term supports available at Rs59-60 region. and ofcouse the next long term supports […]