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.