iCharts Discussions

[as4manju]

Welcome any time its good to share weatlh...

[as4manju]

Tata Motors - The stock has good support in the lower end of the channel at 1200 break below those levels can take the stock to 1100 levels

Rolta - Stock is close to its support of 162 below which bears can hammer the stock to 145-150 levels

Kotak bank - Stock is all set for another fall break below 450 can take the stock to 430-415 level

Bulish counters- infosys above 3112 can see a good upmove- hero honda 1970-2000 is the resitance above which it can be a rocket

Bottom fishing sail is close to its long term trend line support at 158-160 so can take do some speculative buying truobble only if its broken with volume and closes below that level

[as4manju]

Rel Infra posted on 22 Nov 2010 below 950 stock is heading for troubble and might fill the gap left at 850 today made a low of 864 "Par abi picture baki hai dosta"

Tata motors posted in the morning call below 1200 stock heading for 1100 alrady made a low of 1140

[anand1234]

hi......as4manju.............nice call..............just rock......tatamotors..................low@1142................but short rolta @161.5..............shd it go down??..........pls advice............

thanks
anand

[as4manju]

Hi Anand,

Usally these calls are positional one's as its genrated using EOD charts so have litlle patience u might get the exit SL for positional trades can use 165-167... mkt is not going any where in hurry.... If u notice ster,axis,icici or most of calls have worked over a period of time.. Lets see

[anand1234]

hi.......as4manju.............
thanks for your comments...........

thanks
again for this type of call..keep posting

thanks
anand

[as4manju]

Hope all enjoyed the calls.. can refer the charts on the mentioned dates.. there were other calls which is not mentioned as the calls have reached the tgts


26 nov 2010 Rolta mentioned below 162 can tank to 145-150 made a low of 152
Kotak bank below 450 can tank to 430-415 levels made a low of 435

25 nov 2010 Tata steel below 600 can fall by 50 rs today made a low of 581 may fall further


23 nov 2010 Sterlite Stock is in the lower end of the channel and troubble for the stock starts below 170.. The height of the channel is close to 20 rs and the stocks recent low is also close to 145-150 - today has reached 158 half way to the tgt


19 nov 2010 Mundra port lower tops lower bottoms and 143-145 is the key level to wtach below which it can tank to 137-130 levels - today trading at 127
United Phosp close below 184 can take the stock to 180-174 levels - today trading at 178 low of 176


18 Nov 2010 Nifty On the weekly and Daily charts in 3 years time period looks like Nifty is the process of making a double top around 6350 levels so would be catious for time being next leg of rally might come above 6350 else we might retrace to 5700-5500 possiblity ---today trading below 5700

Happy Trading

[anand1234]

hi........as4manju...............
we r enjoing......your calls.............so perfect & nice..............pls keep posting such calls

thanks
anand

[as4manju]

Stock has been trading in a range of 1900-1970 i have been in view for some time that 1970-2000 levels are the resistance so i still belive that stock can be boght above 2000 for a returns of 10-15% in medium term for investment..

[girishhu1]

hi manju,

[as4manju]

Hi Girish,

I am still old school in my work i actually dont use atomated trading signals for trades and more over i look into the charts patterns mannualy to select the stocks for trades and even what software to use is also as all charts tell the same thing..

I look at longer time frames and use trend line studies in my work and so far it has been very reliable its all ways good see atleast short term to meium term trend than looking for intra day gains as mkt noises can wipe out ur intra day trades but in swing trades the the chances are less..

probably for stop u can look at major resistance or suports ( i usally look for 1:3 ratio) this is more of money management issue for SL

Targets are based on the heights of channel triangle, flag as in all other simple TA

Hope its satisfactory if u need more details let me know

[as4manju]

Infosys can be bought above 3112 levels for a tgt of 3160-3200-3250 minor resistance at 3110-3120 levels

Itc below 164 levels its heading 155 or if it can hold the channel can do the top end of channel of 175-177

Jindal steel and power is struck in a range of 600-760 in year and has two false breakouts only a consitent close below 600 would mean the we are heading deep lower else back to 760

[as4manju]

The stock has support at 2240 break and close below that can take the stock to 2200-2150 levels

[anand1234]

hi....as4manju.....
again great call herohonda..................above @2000.......woooooooooo..........@2061 with in 10 min....
great......keep posting such post

thanks
Aanand

[mrvishal_g]

Good Job Friend.

What is your name? Actually i dont like using id.
If you dont want to tell us then just give us name you like.

Vishal Gupta