Charts of Balrampur and Dwarkesh Sugar Shows that possibilities of potential medium term trend reversal, as Ichimoku trend turns positive in these counters after a long time. Both the stocks had lost more than 42% since the start of the year 2010 and looks highly oversold.
Ansal Infra trading above the weekly clouds for the past 6 Weeks and registered a fresh 4 week high. It is also
trading near the resistance zone 90. Once Ansal Infra crosses Rs 90 then it would be a good buy in coming sessions.Weeks Cloud Supports are coming near Rs 70 and Daily Cloud Supports near Rs 79
Avaya Global GANN target 270 has been achieved more recently.And Stop loss hits for IDEA and Tatacomm from out Virtual Portfolio Box
More recenly L&T and J.P Associates trading above the weekly cloud supports. These stocks need to be monitored in coming days as there is potential trade setup with minimal trade risk.
Andra sugars looks good with the weekly cloud charts which provides oppurunity in medium term investment with
low risk profile as the cloud supports are near 122 zone. Make a Long with stop loss of 3-4% for a target of 20%.
Time frame could extend upto 8 weeks duration.
Stock : Tatacomm CMP : Rs 288 Tatacomm Daily Charts looks good as it trades above the daily ichimoku cloud supports after a long time with multiple EOD Supports formed near 285 region. So Possibly Tatacomm could be a nice bet for short term trades with EOD Stop loss of 285. Targetted Price : […]
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.
GANN Charts of Jet Airways looking fine on daily GANN FAN Charts with supports coming approx around 460-470 zone and the long term GANN Resistance comes near the the 570 zone. Medium term Buyers can take a buy with SL at 460 for a target of 570. Timeframe could extend anywhere between 1-2 month. Potential Loss = 5% and Potential Profit = 19% (approx)
Here the Buy call is to hold the stock until the Guppy Countback trailing stop loss holds. Trailing Stop loss will be actively monitored here. If possible charts will be posted here in this same thread as comments are image enabled.
NMA Charts of Austral coke shows only 5 trading signal for the past 10 month. And the more recently on March 7th Austral coke shows a buy signal. Stock had rised almost 40% from it lows in last 5 trading sessions alone. Any risk takers?
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 […]
Chart shown is the long term GANN Chart of Avaya Global with long term GANN Resistance near the 270 zone. And check out the zomed chart of shorter term GANN Chart shown below just bouncing from the shorter term support line Rs214. Shorter term investors can long this stock with a marginal stop loss below […]