RELIANCE INFRA

see the 15 min chart, chances of double bottom with the trend line support in MACD. Price is near to the middle boundary of a channel. Wait for crossover of MACD with pattern formation.

IBREALSTATE

see the channel in daily chart. Price is at upper boundary of channel which strong resistance with broadening pattern forming in price. Price complete the 161% time retracement and taken the support at 38% price retracement. Price showing resistance in rsi 14.

MARUTI

showing good support in daily chart. Macd and rsi showing divergence with the confirmation of trend line support.

BANK NIFTY

forming a right shoulder in daily chart. Support is at 9100. If price break the trend line then pattern target will 1400 points. Just wait for confirmation ie. Good volume with crossover of macd.

VIP INDUSTRIES- 1. Reliance capital – hourly chart. Price, MACD and rsi 14 near to support.

BHARTI AIRTEL

SELL BELOW NECKLINE(CLOSING BASIS)
PATTERN TARGET-310,295,280,260

MY REMINDERS

FEDERAL BANK

EXIDEINDIA

SELL BELOW 135
TGT-131,126,119

JINDAL STEEL

 1. BROADENING PATTERN IN WEEKLY CHART


2. H&S PATTERN IN DAILY CHART

3. CHART IS WEAK TARGET IS 480,460,435 SL-NECKLINE


4. BUY ONLY ABOVE-522 TARGET-549,576

SBIN

BUY ABOVE 2171(CLOSING BASIS OF HOURLY CANDLE) TARGET- 2210,2248


SELL BELOW 2145 TARGET 2111 

TATACHEM

PATTERN TARGET 30 POINTS AFTER THE BREAK OUT

RCAP

PATTERN TARGET-100 POINTS AFTER BREAK OUT

TARGET- 354,324,285

STERLITE

STER
 PATTERN TARGET-30 POINTS

BOB

BOB- INV H&S ON CHART
TGT-821,837
BREAK OUT-809

BOB

BOB SELL 
TARGET-755,726

INFY

SELL AT 2769
TARGET- 2717,2675(gap),2640,2570,2500

MY ANALYSIS

ABAN:
CHANNEL BREAK OUT IN STOCK. PRICE IS TRAILING NEAR NECK LINE WAIT FOR BREAK OUT
TARGET-446,428,417,390

AMBUJA CEMENT: 

TARGET-152,145,141,138 

ALOKINDS:  

TARGET-19.7,18.7,17.3 

MY ANALYSIS

GSPL

PRICE FORMING DOUBLE BOTTOM ON CHART. AS WELL IT SEEMS LIKE CUP AND HANDLE PATTERN. ACCORDING TO ME STOCK IS SOME WHAT BOTTOM OUT. BUT CONFIRMATION AS WELL TARGET CAN CALCULATE AFTER BREAK OUT ON EITHER SIDE. SO KEEP TRACKING

INFY

INV H&S IN STOCK BUT WAIT FOR CONFIRMATION 

BUY ABOVE 3000

TGT-3300,3500

MY ANALYSIS

DR REDDY

PRICE IS TRAILING NEAR TO THE LOWER BOUNDARY OF A CHANNEL SO THE 1618 IS VERY GOOD LEVEL.

SHORT AFTER -1618
TARGET-1577

IF PRICE HOLD 1618 FOR 1-2 DAYS THEN TARGET WILL BE 1666 WITH SL OF 1618.

FEDERAL BANK

SELL AT -408
TARGET-398,380
STOP LOSS-410.

                                                                             

IBREALEST

ELLIOT WAVE COUNT SHOWING CORRECTION MINIMUM TO 41. BUT CORRECTION WILL NOT FORM IN SUDDEN WAY. IT CAN TAKE 4-5 WEEKS FOR TARGET

ICICI BANK

 PRICE IS TAKEN THE SUPPORT AT LOWER BOUNDARY OF UP WARD CHANNEL. SO 917 IS GOOD SUPPORT FOR THE STOCK. IF STOCK WILL BREAK THAT LEVEL AND SUSTAIN BELOW THE 917 THEN TARGET WILL BE-863,821,778 WITH STOP LOSS OF 917

IDBI

104-105 IS GOOD SUPPORT FOR THE STOCK. IF IT WILL MAINTAIN THEN FARTHER MOVEMENT OF STOCK IS AS PER THE CHANNEL.

SELL AT -104
TGT- 93
BUY AT -106
TGT- 114

DLF

DLF IS SHOWING MOVEMENT ON BOTH SIDES. FOLLOW THE GREEN TREND LINE.
SELL BELOW-224
TARGET-216,206,201,190
IF PRICE HOLD THAT LEVEL THEN TARGET WILL BE 235,260

HIND UNILIVER

H&S PATTERN IN STOCK

SELL BELOW-380
TARGET-344