GANN Supports zone near 5005. More weakness below 5005 as next support near 4780. Avoid longs if nifty dips below 5005. Source: www.marketcalls.in
Larsen and toubro update
Trailing Stop Loss Update for Larsen and Tourbo Cover Shorts and reverse the position if LT closes above 1665. Source: www.marketcalls.in
JP Associates is getting Weaker
1)Stock is showing massive MACD divergence 2)Price is currently below 13,34,55 EMA and these levels could act as a resistance in coming sessions. 3)Stop loss can be lowered from Rs 250 to Rs 240 as lots of resistance band formed on the upper side. Related Readings Shorting J.P Associates Positionally – 23 Nov 2009 Source: www.marketcalls.in
Marketcalls E-Book Shelf
Source: www.marketcalls.in
Shorting J.P Associates Positionally
Here is an interesting Daily GANN Chart of J.P Assoicates. Which points to an GANN Resistance of 245. Here the Ideal trade should be short J.P Associates in rise with EOD stop loss of 245. CMP : Rs 228 Source: www.marketcalls.in
GANN Shorter Term Update for 13 Dec 2009
Resistance at 5180 and Supports at 4980 Source: www.marketcalls.in
Charts where Long term rally is being built up
CIPLA and Dabur is in mood to build long term rally. CIPLA likely to make fresh 52 week high. Check out the historical charts Related Readings Three Stocks to Park your money Safe – 11 June 2009 Source: www.marketcalls.in
How Steeper a rally could be?
Did you ever ask this for yourself? Will show you the sample Historical Charts of Aurobindo Pharma and MPhasis. Charts are from 1997- 2009. Check out the recent rally which builts a castle in the charts starting from Jan 2009 onwards. My among us those who feared that Economy Hurts stocks never focused these areas […]
Celebrity Fashions : Possibly a Value Buy
CMP : Rs 19.7 Long Term Supports : Rs 18 Stock Lost more than 90% of its value right from the start of 2006. Currently Celebrity Fashion is trading above 200 day moving average(Rs 18) for the past 1 month which doesnt happens in past 2 years. Stock also shows a multimonth positive MACD divergence in […]
Heavy Put Writing Continues
Bulls started killing(Writing) 5000 PE strike premium. As Open intrest jumped 53% with net addition of 14 lakh share Open Intrest Suggest Put writing. Also heavy put writing observed in 4700PE ,4800PE, 4900PE right from the start of october series Source: www.marketcalls.in
Recursive Wave Structure ReLook
Iam once again relooking the recursive wave structure. It seems that i had missed the possible alternative wave count. Chart above(Which is mentioned as Chart 4 in my last post Recursive Wave Structure ) shows that 1 minute chart between 3rd Sep 2009 to 10th Sep 2009. And Following things are observed. From the Charts […]
Nikkei Warns Correction
P&F Charts shows a Double Top Breakdown in Nikkei on September 2. Suggesting that the intensity of correction is likely to increase in coming sessions. Source: www.marketcalls.in