Skip to main content

Market View

Search This Blog

India Glycol

on May 10, 2017

Get link
Facebook
Twitter
Pinterest
Email
Other Apps

Buy India Glycol for target of 198. Bullish flag break out.

Disclosure: I hold the stock in my portfolio. Further i am not a SEBI certified analyst.

Get link
Facebook
Twitter
Pinterest
Email
Other Apps

Comments

Post a Comment

Popular Posts

Nifty_03-08-2020

#Nifty For 03-08-2020 Support for Nifty comes at 11008-10933-10860 Resistance for Nifty comes at 11100-11142-11200 BankNifty Support for BankNifty comes at 21500-21375-21170 Resistance for BankNifty comes at 21700-21860-22100 Nifty was buy on dips to 11100-11050. Morning dip to 11049 gave 11150 and second dip gave 50 points to 11100 without hitting SL of 11020. Not a bad day. But very very volatile. For Monday 11000 is important support zone. Below 11000 Nifty can slide to 10933-10860. But if it manages to hold 11000 then we can see a pullback again to 11100. So Nifty can be bought near 11000 with SL of 10970 for target of 11050-11100. But preferred trade will be sell on rise to 11100-11120 with a SL of 11160 for target of 11050-11000. On higher side Nifty now will face resistance in the range of 11100-11200. So we need a close above 11200 for fresh positional buy. BankNifty was buy near 21600-21800 with a SL of 21450 which was triggered in first five minutes. So I actually had not

Nifty_28-07-2020

#Nifty For 28-07-2020 Support for Nifty comes at 11087-11040-10950 Resistance for Nifty comes at 11185-11240-11300 BankNifty Support for BankNifty comes at 21800-21500-21330 Resistance for BankNifty comes at 22000-22160-22350-22600 Nifty was sell below 11150 for target of 11100-11060 and we got 11087. Nifty for the day second support was 11090 and it made a low of 11087.85. Power of technicals. Fourth day in a row Nifty becoming choppy in a 200 points range. Now it is high time it should break on one side. I am expecting break out above 11250 and move to 11350-11389 in next 4 trading sessions of this week. For tomorrow i will like to buy around 11100 for target of 11200-11225 with a SL of 11040. Below 11040 Nifty can slide to 10980-10950-10910. But for tomorrow shorts are avoid. BankNifty i was expecting move to 23000 and it went below 22000. My failure. Banknifty was buy around 22500 with SL of 22300 so SL triggered in this trade. For tomorrow i w

McDowell

McDowell on Wednesday(31-May-2017) flied with a gap. My analysis is that this gap will be break away gap and will not be filled soon. On daily charts there is a cross-over of 89 and 200 daily SMA and 50 Day SMA and 50 Day WMA is about to happen. Now stock is trying to close above 2321 previous top of 2317 (15-March-2017). Above which stock will be ready to test 2424 and then 2600. On weekly charts also the stock is ready to cross falling trend line. Targets of that also comes around 2700. Stop loss of that trade can be placed at 2100. Disclosure: I am not a SEBI certified analyst so please take your own call before acting on this call. Further i hold the stock in my portfolio.

Powered by Blogger