iCharts Discussions

[udaysahai]

Thanks Amitji

[udaysahai]

Amitji is LT following similar pattern..Thanks and best regards.

[sureenderkalra]

amitagg, Please share your view on FRL, Jindalstel and Tatacomm

[amitagg]

very good for you to spot these...

i think tata communications shall "fail"...being at top...and one down break [very small of earlier channel today]

jindal...is in midst of pattern..i was tracking this regularly....it has overheas resistance of 252-255.....so risk reward is not great though pattern suggests it can hit 253-255 from 250 here on..... but it was a buy yesterday above 243 rather than today may be...just not comfortable...though pattern is there.....also for me....THIS stock is looking VERY GOOD for medium term

frl dont track let me see

[reachchirag]

Hi amitagg... Tatasteel... do I wait for higher levels or is a sell good at current price, ie, 385??

[sureenderkalra]

Thanks amitagg for your view. You put your view nicely on Jindalstel. I squared off the trade at 255.60 Thanks again.

It seems to me that tatacomm is still breathing. we cant put it in a failed categorty until it breaks & holds below 284.20 . can it be a BTST call?

[amitagg]

tata steel do not sell at 385....it is strong otherwise...just that based on EW counts 383-390 was resistance - see excel file below so it has to pause here....for me 3rd wave Tatat steel target is 426-450....though it can fall to 374 also....

for very short term is shall try to retest 390 odd where it can be sold in small lot willing to sell at 395 also.....with same stop of 402 as mentioned earlier

Jindal was strong and fulfilled pattern targets.....
as expected tata com is still in line....not a buy for me.....

jindal...it can rise to 365-370 but not sure whether it shall fall to 347 and then rise or otherwise

[amitagg]

hindalco spike and channel and symmetrical triangle break means its very good....shall add tomorow for intra day trade..attached chart

[amitagg]

hindalco spike and channel and symmetrical triangle break means its very good....shall add tomorow for intra day trade..attached chart

[amitagg]

cromptom consolidating sideways for2 days after spike....above 107 support...good again...

[amitagg]

spike and channel in DLF in making...as mentioned yesterday in other thread good above 153.....let is hold 153 for next 2 hrs...then confirmation shall come...i have added though already at 154....target 158-160 [154.5-149.5+153]

[ remember it gave one whipsaw few weeks back and not the best stock to trade like IDFC, Mc Dowells, Tata Motors ?, etc.]

[amitagg]

exited at cost DLF

[sureenderkalra]

Please check & share your view on Adaniports and Tatapower.

[amitagg]

adaniports not valid

tata power...valid and good otherwise also..

[amitagg]

half hour or so to go...dlf looking good above 154 futures price..if above that by 2.00 pm...then likely touch 158 futures and possible 160-162 tomorrow..."if"