27.05.2015 Inside bar formation scrips

DIVISLAB 

Leading Pharma company of India. For the last 2 days this stocks forms Inside bar formation after forming a high of 1892 from the low of 1782. Yesterday and todays high and low are lower then these high and low. 

Waiting for a breakout in any one direction tomorrow. If it crosses the high of 1851 u can see the previous day high cut of 1892 then another 100 to 150 points up side

If it fails to move up and cuts yesterday low of 1797 same u can see 1782 and 1690 soon.....

Wait for the clear direction 

BUY ABV 1851 AND 1892 

SELL BLW 1797 AND 1782

 

CENTURYTEX

Centurytex leading textile industry of India. 

For the last two days it had formed inside bar 

Wait for breakout in this scrip on 28.05.2015

Tomo if it starts moving above 674.9 u can see 677.5 cut very soon and 750 in the next week 

If it cuts yesterday low of 651.55 u can see 647.8 break and 600 in the day itself

So wait for a clear direction in this scrip. If you find DIRECTION it will move accordingly

CENTURYTEX

BUY ABV 674.9-677.5 target 750 

SELL BELOW 651.55 - 647.8 TARGET 600

  

WOCKPHARMA - Achieve our target

wockpharma cash

On 18th May 2015 we suggested buy in Wockpharma in this blog for a target of 1600 from 1461 a resitance. 

Within 27.05.2015 today we had achieved more or less our target. Today wockpharma high is 1594

See the value of our calculations. 

For the last 5 days market is moving low, but all our buy calls in ONGC, BHEL and WOCKPHARMA is giving wonderful gains

Join our team to know more very good stocks

banknifty - a view

BANKNIFTY - SPOT 

Banknifty spot closed at 18513. 

Resistance is seems on 18555. Today if banknifty starts moving above resistance next higher high will be 18800. 

Watch for the banknifty spot (be carefull) to cross over 18555 and trade only above that......

BUY ABV 18555  for a very good move......

NIFTY SPOT - A SUGGESTION

NIFTY SPOT 

 Last Monday 18.05.2015 we suggested buying in nifty abv 8272 from there from there it move up to 8428. 156 Point Plus in nifty within 2 days

We already told that 8372 is a big resistance/support. 

But unfortunately yesterday due to some profit booking Nifty closed at 8366. 

Today it has to cross 8372 and also yesterday high of 8428 for a further UP. 

Below 8272 there are chances to move down in NIFTY . 

So be cautious in your trades........

HDFCBANK - CASH

HDFCBANK - DAILY CHART

Hdfcbank one of the India's Bank. Yesterday it went up to a high of 1018 and closed at 1008. 

BUY HDFCBANK abv  1018 sl 998 target 1029, 1040

SELL HDFCBANK below 998 sl 1018 target 980. 960

Watch this scrip today for a movement 

wockhardt ltd

WOCKPHARMA DAILY CHART

Wockpharma a leading pharma company in India. 

This is the daily chart of this scrip. 

From the life time high of 2000 in 08.04.2015 it started to move down. Its nearest low is 1177. From this low it started moving up once again and on 18.05.2015 it closed at 1333. 

For the last 4 sessions u can see the higher high close in the scrip. 

There is a strong resistence in 1345, Today if it ables to cross this 1345 and started moving up v can witness very good up move in this scrip. Next heavy resistence is seems on 1461. If it breaches it 1461 u can see 1600 levels very soon.

Keep an eye on this scrip for a good play.......

NIFTY SPOT BREAKOUT

NIFTY DAILY CHART

Today Nifty spot made a high of 8385 and closed at 8372. Today morning we mentioned if nifty breaks last weeks high we can see some more upside. As per our calculation, Nifty spot crossed all resistances and close at 8372.

If u watch the daily eod chart u can see Inverted head and shoulder pattern in nifty spot. Surely we can see some up of more than 400 points very very soon.......

It may happen as per our calculations..... 

This seems to be very good closed for nifty spot. Tomorrow if it sustains above 8400 in the morning session we may see some downside in the noon and good up move in the end of the day.

Avoid Shorting nifty at these levels, Being the First year end of MODI government some up move is waiting in the cards....

Wait and watch

NIFTY SPOT LEVELS FOR 18.05.2015 TO 22.05.2015

NIFTY SPOT

NIFTY DAY CHART 

Nifty spot closed above the mother candle formation of 13.05.2015 at 8262. Today you can see good move in NIFTY if it crosses 8262. But heavy buying will be coming only above 8356. So buy small qty of nifty abv 8262 and increase your quantity when it crosses 8356. If nifty spot continous to close above 8356 very soon 8500 is possible. 

Wait and trade after clear direction......

 

NIFTY WEEKLY CHART

WEEKLY  LELVELS (18.05.2015 TO 22.05.2015)

Nifty spot weekly chart is here. In the week ended 08.05.2015 Nifty made a low of 7997.15 reached a high of 8355.65. Nifty spot in the last week ended 15.05.2015 made a low of 8089.8 reached a high  of 8332.75. You can see a real bull and bear fight in these levels. Bulls tried to bring nifty to green and bears dragged them heavily. But both are not in a full pressure to make there decisions. So NIFTY SPOT formed an inside bar formation, which tells us that the power of both bulls and bears are equal. If you see any cut of one direction nifty will move upto 200 to 300 points. Till then you can't estimate a clear cut direction in NIFTY
So wait and watch


NIFTY SPOT ABOVE 8356 BUY TARGET 8500 

NIFTY SPOT BELOW 8089 SELL TARGET 7950 

Be carefull in your trades

14.05.2015 NIFTY SPOT FORMED INSIDE DAY

NIFTY SPOT 

Nifty spot formed an inside day today (14.05.2015). 

Inside day is DAYS HIGH lower than yesterday High and DAYS LOW is higher than the yesterday Low.

Tomorrow will be the deciding day for NIFTY. Today there seems to be a very tough WAR between BULLS and BEARS. Both did not win so the day ended without favouring anyone.

 

So tomorrow if nifty spot breaks yesterday HIGH of 8255 you can see a good UP MOVE. 

If nifty breaks yesterday low of 8090 blood bath is waiting

Lets wait and trade based on these levels..