iCharts Discussions

[Pats]

Sanwaria 'Neutral'
...last cl 15.90 which is around March18 low of #14.85 approx. But curPrice is way below 34EMA *18.50 and 89EMA **19.95 and hence ..

*IF* support range of ydays low 15.05 to Mar18 low #14.85 is broken convngsngly , *THEN* more dnside till *12.60* minus not rulled-out.
...*ELSE* retail buying of a 'falling knife' and a close abv ydays high 16.30 can take it upto 34EMA *18.50 plus.

-Chart attached-

...*For Education Purpose only*

[Pats]

Nfty curPrice 10706 till now.
....From recent low of *10600 on 4May18 to high of *10929 on 15May , *329 pts in 8 trading days.
.... But from high of 10929 to curPrice *10706 , total 220 pts , approx 70% down in just 1day 1hr !
... Thats the *Power of Bears* !

.. If upside Nfty gap around 10780 is not filled-up, then quick dip towards *10620 gap posible in near term , as mentioned in my prvs post !!
...... Nfty 30min chart attached showing gaps....
..*For Education Purpose only *

[Pats]

DrReddy curPrice 1988 Booked full profits in shorts.

.... Followng was posted on 4May18 ...
*.As long as DRL stays balow 34EMA *2128 to recent high *2170 approx , .. more dnside upto *1970 to *2010 posible..*

[Pats]

HindUniLvr curPrice 1570 . Booked full profits at 1560 plus.

[Pats]

17May2018 9:16AM
...Nfty curPrice 10755.

Below *108333 on clBasis still looks bearish towarrds 10620 plus / minus 50 pts.

... But abv *10866 bulls may take over the lead again towards recent high *10925 plus / minus 45 pts !

...*For Education Purpose only*

[Pats]

Quote :
***17May2018 9:16AM ...Nfty curPrice 10755. Below *108333 on clBasis still looks bearish towarrds 10620 plus / minus 50 pts. ***

...Booked full profits in Nfty : Total 241 pts.... And in BN : Total 427 pts. Time period in total 11 days.
... No running daily for 30 - 40 pts.
... Not carrying any position over weekend ! .
..

[Pats]

Nfty curPrice 10550.05

[Pats]

Nfty last cl 10536 on 22May18.
.... CHART ATTACHED...

...Bulls may try to push Nfty up towards 5EMA *10600 to 20EMA **10640 , as RSI and FStoch in over-sold zone , but MacD though still abv equillibrium with negative bias and approaching towards zero line.
... If bulls succeding to keep Nfty abv 20EMA **10640 to 10678 , *THEN ONLY* 10777 plus posible.

... *ELSE* 10349 to 10422 zone on cards in coming days / weeks.

... *For Education Purpose only*

[Pats]

Nfty last cl 10605 on 25May2018.
...* Chart attached for Nfty * ..

.. On daily charts , RSI neutral at 50 and MacD though abv equillibrium but still showing 'Bearish' c/over and tryiinng to go below zero line.
.... Nfty still below 10SMA *10623 and 21SMA **10666.

... Resi at upside Nfty gap around **10666 to 10678 zone.
... Sup around dnside Nfty gap if 10500 to ***10522 zone.

... *IF* consistant cl abv **10666 *THEN only* upside to 10714 to 10777 area.
... *ELSE* 2days cl below 10413 to 10388 may take it dn towards 10349.

.... *OTHERWISE* range-bound btw 10322 to 10680 zone in wks ahead
.... Monsoon days ahead may decide further market trend in comiinng days / wks.

... *For Education Purpose only*

[Pats]

Nfty last cl 10688.

... ~ ( P7 , M3 ) *10568 .

[Pats]

... Was posted 2 days ago ...

Quote :
*.. ~ ( P7 , M3 ) *10568 *

... 10568 achieved !

Now :
~~ Death-cross !

. ** DTCD ~<10633> ~ *10430 . **

[Pats]

Nfty last cl 10736 on 31May18 . Bias Neutral .
** Daily and Wkly charts attached *

.... Nfty is abv 5SMA *10596 and 11SMA **10656.
As long as 5SMA stays abv 11SMA , bulls need not worry with posible upside towards resi zone of a gap around ***10822... DC high is 10929 , but frankly it looks a little dificult as of now !

.... *ELSE* if bulls loss momentum then Nfty may slip towards psychlogical sup around *10550 plus / minus zone.

.. ** DTCD ** ~~ *10430 still pending in coming wks / mnth .

... On weekly charts Nfty in the process of posible lower top - lower bottom phase with posible rounded top formation.
... On this wkly chart , a re-visit towards 5SMA *10072 to 20SMA **10527 zone not rulled-out *IF* global / local events spooks the market.

... *For Education Purpose Only*

[Pats]

Nfty wkly chart attached in continuation to last post !

[Pats]

Infy last cl 1220 ..
.-Chart attached-
... 'As long as' 20EMA *1200 is abv 50EMA **1181 and sup at 1185 is held, bullish rally started since Mid-Apr18 continues with posible target of 1245 to ***1260 zone and beyond. ..

.... *ELSE* consistent close below 50EMA 1181 , may take it dn towards *1120 to 1145* zone and below.

... *For Education Purpose only*

[Pats]

Odd Man Out !
** Chart attached **

... Idea last cl 61.80 on 1st June18 , which is abv 20EMA *59 but below 50EMA **65 hence tradng range as of now btw 59 to 65 is likely.

.... Some expected positive merger btw Voda-Idea is resulted in some positive momentum in this stock , which,

.... *IF* sustainn can move upward till resistance of **65 and then at 79

... *ELSE* consistent close below *59 can take dn to **48.

... *For Education Purpose only*