Stocks

Double scoop is always mesmerizing!

Its often difficult to find a perfect pattern on stock charts for a trading view but today i just noticed something which is just like getting ‘Double scoop of icecream’ in scorching heat i.e., Double Inverted H&S on same stock and on same time frame but with Higher targets on Tata Chemicals.  Though i am late in intimating you guys of ‘light blue inverted H&S’ but …

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Stocks

Spicejet has safely booked 12.5% profits in my pockets

As it is said that patience’s pays off so has my trading view on Spice Jet. On 8th April 2016 in my post (Link:Spice up your profits with Spice Jet) i recommended trading on a ‘inverted H&S’ pattern on Spicejet which was trading around 71 and my target was 80 which has been achieved safely. In almost 40 days we got 12.5% return on simple patterns, …

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Stocks

Inverted H&S on Weekly Chart

Equity charts are representations of trade price of a particular stock and Trade price are arrived after psychological decision of a investor. So in short a psychology of investor can be seen on the charts and its always very much difficult to come out a depression! One of the best example of such psychology was …

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Stocks

Spice up your profits with Spice Jet

Spice jet had been one of the best performer in aviation sector last year with almost 6x returns but the rally was not carried forward to new calendar year and we saw 50% profit booking to that rally in first three months itself. In recent weeks stock was resisting near to 100 day average which was around …

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Stocks

Summer has arrived and Fan is on High Speed

Havells has been in strong consolidation zone of 260-310 since almost a year so but during this phase “inverted Head & Shoulder” pattern has emerged on weekly charts. Generally, target is  calculated from the neckline which in our case is at 309. So approximately target is arrived at 390 as the distance from low on the had to neckline …

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Stocks

Tata Steel strong buy for Investment

In recent years, Steel sector and especially Tata Steel has been cursed by investor as it has under performed against Nifty index in the rally to 9119. All the long term investors and new investors have started liquidating TataSteel in the current rally but i feel somewhere you guys are making mistake. Surely, stock has been …

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Stocks

Century Textile Target 525-530 achieved!

Century Textile has given a strong move on the Technical pattern breakout of ‘Double Bottom’ which was recommended to you guys for trading on 4th march as “Century Textile Positional Trade” .Stock has triggered 529.50 level today which is within the target range given in the previous post against than market price of 465. Stock has given sweet return …

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Stocks

Century textile positional trade

Century textile has been a strong contender for traders choice in volatility. Stock is today showing strength to give a double bottom breakout signs. Currently stock is trading exactly at Neckline around 465 and risky positional traders should take some risk at CMP. Indicators on daily chart are also showing signs of short covering  from the oversold …

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Stocks

Anchor your money at “Adani Port”

Stock had been traders pick while markets were rallying to 9000 a year back but since than it has under performed Nifty and so it has been out of radar in watch list. But i guess many of them missed a crucial pattern at the recent bottom. Though i picked it up! Strong reversal pattern …

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Stocks

Simple tool for great trading idea on Bata India

We try to implement many technical studies and indicators to get some great multiplexer for long term, but a simple trend line could give you the same too. Today i want to show you graph of Bata India and interestingly you guys could notice that stock has been taking strong support on the white line drawn …

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