TITAGARH WAGONS

Titagarh Wagons is on the verge of channel break out on weekly chart for a target 170-180.

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. These charts are meant only for educational purpose. 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 studies

SBI

SBI has seen a big fall from recent highs. It is reaching its reverse support at 234 which is also Fibonacci 50%. One can see a good upmove from 234 levels.

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. These charts are meant only for educational purpose. 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 studies

TRANSPORT CORPORATION OF INDIA

TCI moving up after taking reverse support on weekly chart. 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. These charts are meant only for educational purpose. 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 studies

OMAXE

Omaxe gave a break out on weekly charts. Looks good for accumulation.

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. These charts are meant only for educational purpose. 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 studies.

Some Stocks one can observe which is in line with Strategy 1 (Strategy given in next tab)

HDFC Bank

Eicher Motors

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. These charts are meant only for educational purpose. 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 studies

Chennai Petrolium

Price is rejected at oversold levels and moved up. Trendline support is an additional advantage.

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. These charts are meant only for educational purpose. 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 studies

BPCL

BPCL is showing strength and started moving up. Looks good for accumulation.

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. These charts are meant only for educational purpose. 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 studies

Probable bounce back candidates with Nifty

In my previous post, chart is indicating a probable bounce back of Nifty. The following 3 stocks are showing signs of reversal with Nifty.

1. Reliance Industries

2. Indusind Bank

3. Hindalco

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. These charts are meant only for educational purpose. 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 studies

NIFTY at Important Support

Nifty has reached a strong support zone on Daily as well as Weekly charts. Tomorrow we can see a doji / reversal at these levels

Daily Chart:

Weekly Chart

GODREJ PROPERTIES

Godrej Properties has taken a flip support and 50% fibonacci support. A good bet for short term.

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. These charts are meant only for educational purpose. 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 studies

INDUSIND BANK

Indusind Bank at a strong support on a strong trend. 1800 seems to be possible.

Stocks with downside movement

The below stocks are expected to go down tomorrow if they open gap down.

Sr.	Stock Name
1	Ajanta Pharma Limited
2	Bharat Forge Limited
3	Cholamandalam Investment And Finance Company Limited
4	Godfrey Phillips India Limited
5	Housing Development Finance Corporation Limited
6	Hdfc Bank Limited
7	Jet Airways (india) Limited
8	Larsen & Toubro Limited
9	Reliance Capital Limited
10	Shriram Transport Finance Company Limited

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. These charts are meant only for educational purpose. 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 studies

Keep Watch on Pharma Shares

CNX Pharma is moving up after a drastic down move. Stocks that can be watched are Lupin, Glenmark, Dr Reddy.

LUPIN

GLENMARK

Dr. REDDY'S

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. These charts are meant only for educational purpose. 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 studies.

Brigade Enterprises

Consolidation breakout with huge volume