iCharts Discussions

[deepakms]

Manju,

If u track ONGC,pls give ur view on the stock(Short-term).

Thnx/Rgds
Deeppak

[as4manju]

Dear Deepak,

there can be some movents in the stock based on news of FPO and subisdiy sharing.. so the charts 1300-1305 levels are crossed can do 1330-1350 levels..

Regards
Manju

[as4manju]

Yesterday mentioned Gail above 518 can be bought for a tgt of 530 or even higher now the stock is at 530..

Relaince mentioned above 1070 tgt 1090-1100 stock made a high of 1090 today..

[anand1234]

hi..as4manju...................
your calls r really gooooooooood................pls keep such posting.............

thanks
anand

[SAKLECHA]

HAI MANJU

HOW YOU SEE AXIS BANK FROM HERE....ANY UPTREND IS POSSIBLE??

[as4manju]

Since October the stock is forming lower tops and bottom and if the stock can hold the recent bottom of 1230(1250 on closing basis) and bounces back with good volumes and takes out 1400 we can say that worst is over for the stock.. as of now medium term trend is still down for the stock...

Regards
Manju

[as4manju]

Rel capital - The levels to watch for are 680-640 and for short term the key level to watch on the down is side is 615 below which the stock can tank at the same time a move above 680 would mean worst is over for the stock..

Pfc - close below 298 would lead the stock to 290-285 levels..

NTPC - 198-201 very small range but the duration is too short to relay on how ever the tgt on upper side can be 205 and down side 195..

Tech mahindra call given on 16 dec above 680 tgt of 750 the stock has made a high of 751 yesterday..

Bhart petro - given on 04 jan below 650 can loose 5-10% in quick time and it has closed at 630 levels..

[SAKLECHA]

HAI MANJU,

PLEASE YOUR COMMENTS ON GMDC...........(CASH & FUTURES)

[ali522003]

manju bhai can i short pfc now. its below 298

[as4manju]

Hi,

Sorry couldn reply in time was in a meeting... GMDC (cash levels) below 135 levels it can fall to 131-126 levels.. above 142 can turn bullish.. As always i say when mkts are volatile trade with low volumes as stocks can give false break outs..

Regards
Manju

[as4manju]

Hi ali,

I dont check real time charts so not sure about the intra day momements and tgts.. the tgt i ve mentioned can be achived in short term..

Regards

Manju

[SAKLECHA]

[girishhu1]

hellow manjuji,
pfc maintained 298 level but future price is at considerable discount. can we take intra position today?
all calls given by u are rocking
observed that on many calls , the macd buy/ sell signals are given at the xing of histogram from + to _ or vice versa?
kindly share the strategy in detail with forum members.
regards,
girish

[as4manju]

The stock was quite volatile yesterday made a low of 294 and retraced back to 300+ levels to close around 298...would suggest avoid intraday positions for time being as volatalie mkts can kill ur trade with SL hitting both sides..

Where as stratergy goes i do not use any indicators as such and i m not expert on the MACD set up u menitoned my work is quite simple look for BO and BD of trendlines and look for perious supports and resistaance as tgts if u go through my most of the charts u can understand on how i analyse..

Regards
Manju

[as4manju]

Acc - looks like the stock is the process of making Head n Shoulder formation though its quite early to comment on that would like see break down of the same.. the level to watch closely 1010 below which it can tank by atleast 100 points so possible tgts could be 960-930-910


Tata motors- the sock is nearing a important support level of 1350 below which it can to 1200-1150 levels..

Trade catiously...

Regards
Manju