iCharts Discussions

[a1b1trader]

HCLTECH Ichimoku Chart 60 min tf 28.8.14

[a1b1trader]

My Observations - HCLTECH

CMP 1634

C&SA 1645 -> 1665/70 -> 1690/1700 -> 1725/30

B&RB 1620 -> 1605/1600 -> 1575/70

Use SL/TSL

Take care

[a1b1trader]

My Observations - SBIN

CMP 2461

C&SA 2470 -> 2480/85 -> 2500/05 -> 2525/30

B&RB 2450 -> 2430/25 -> 2400

SBIN will be bullish only over 2425 levels.

Use proper SL/TSL

Take care

[a1b1trader]

My Observations - BNF


BNF tried a lot to move up decisively, but was unable to move up substantially, even after successive attempts. And moving in small ranges since last 2 trading sessions. So, to cross it decisively, the only alternative left is gap up.


For Monday

Likely to open gap up

Holding 15700

C&SA 15750 -> 15800/25 -> 15875/900 -> 15950/75

Will post more levels once C&SA 15950

B&RB -> 15700 - 15650/25 - 15575/50 -> 15525/500

In last 2 sessions market moved in small range. Today market can move erratically and wild moves can be seen. It will be good to see if there is any impact on market moves, after judgement on Coal Block allocation.

Will update realtime, as and when possible, if necessary. However, please note that in case of reversal from a level, BNF can move up or down to next or previous level also.

Use proper SL/TSL

[a1b1trader]

BNF Ichimoku Chart 60 min tf 28.8.14

[a1b1trader]

My Observations - NF

On Friday, during whole trading session, both NS and NF moved in a small range, and so NS and NF, both made an NR7 day.

NF tried a lot to cross 7980 decisively, but was unable to reach even 7970, even after successive attempts. So, the best and the last alternative to cross such major hurdles, is gap up open.

For Monday

NF likely to open gapup, may be around 7980/8000 levels


Holding 7940

C&SA 7960 -> 7990/95 -> 8025/30 -> 8050

B&RB 7940 -> 7925/20 -> 7900/7895 -> 7875/65

Till NF is above 7900 levels, it is bullish, however, a close below 7880 will be a cause of concern for bulls. If NS is able to sustain above 8000 for a long period of time, then it will be a celebration time for bulls. The judgement on coal block allocation will have an impact on market movement, so be vigilant.

Will update realtime, as and when possible, if necessary. However, please note that in case of reversal from a level, NF can move up or down to next or previous level also.

Use proper SL/TSL

[a1b1trader]

NF Ichimoku Chart 60 min tf 28.8.14

[gopal_1438]

Not to cross your reading on HCL tech but just 1 probabilty.

If it manages to sustain above 1600 than upmove can be

[a1b1trader]

[a1b1trader]

[a1b1trader]

[a1b1trader]

Hurrah!!!!!!!!!!!!!!!

Hit

BNF 16000

And

NF 8050

[a1b1trader]

[a1b1trader]

[a1b1trader]

NF

Either side big move on the cards, in next one hour (max, IMO) likely

Take care