ONGC

ONGC is at Reverse Resistance on both daily and weekly charts. Stock has formed a Doji today and closed near the low of the day which signifies that the down trend is possible. This will be confirmed if the stock opens / trades lower tomorrow.

Also, the stock is at oversold condition and trend line resistance. Target can be 242 & 220 with SL 268.

Disclaimer:

All information given here is purely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users of this information are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incur by trading/investing on our recommendations.

TITAN - Showing Signs of Bullishness

Titan Industries is retesting its earlier Break Out levels on Weekly Charts. There is a buying opportunity above 330.

Disclaimer:

All information given here is purely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users of this information are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incur by trading/investing on our recommendations.

CEAT

Watch CEAT for sell signal. Stock is at trend line resistance and overbought stochastic.

All information given here is purely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. The Information shared on this blog is for educational purpose only. Users of this information are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incur by trading/investing on our recommendations.

ZEEL

Zee Entertainment is at a very strong support and moving up after retesting the break out on weekly chart.

CMP (311) is a very good entry point for a target of 340 and 360.

Disclaimer

All information given here is purely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. The Information shared on this blog is for educational purpose only. Users of this information are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incur by trading/investing on our recommendations.

CEAT

CEAT has retested the break out and started its upmove. If it manages to cross 815 next target would be 825, 850.

Disclaimer

All information given here is purely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. The Information shared on this blog is for educational purpose only. Users of this information are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incur by trading/investing on our recommendations.

JSW Steel

JSW Energy at strong support.

ABB

ABB at oversold level with trend line support and retest of break out.

Power Grid

Power Grid also is giving an excellent opportunity like JSW Energy.

JSW Energy

JSW Energy is at strong support. Two trend line supports and 50 EMA support. Stock giving a very good opportunity to enter. CMP 109, May move upto 120-125.

Bank of India

One can look at Bank of India at current levels (235) for a good entry. Bank nifty also has taken support at trendline and reversed.

Disclaimer: All information given here is purely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users of this information are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incur by trading/investing on our recommendations.

L & T

L & T has given a long term break out. Chart below

Disclaimer: All information given here is purely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users of this information are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incur by trading/investing on our recommendations.

DLF

DLF has reversed from its oversold levels. Good time to enter the stock.

Disclaimer: All information given here is purely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users of this information are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incur by trading/investing on our recommendations.

CEAT

CEAT is taking support at two trend lines and 200 EMA. One must wait for the BUY signal to enter the stock.

Ashok Leyland

Ashok Leyland is a very good opportunity to enter for a quick 10% - 15% profit

State Bank of India

SBI is nearing support. Keep a watch on the stock. It is expected to give BUY signal soon.

ICICI Bank

ICICI Bank is at trend line support (CMP 347). It is giving a good entry level. 

Watch for the reversal to buy.

Edelweiss Financial Services

Edelweiss is a very good buy at current levels (CMP 58.70) which has given a 

CNH Breakout with huge volumes. Target 68 SL 57