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Djiaforecast

LONG DJI ::: RISK CALL :::The reason why we feel DJIA may Rise. * On weekly basis it has started moving up * To Rise and come near 17287, 17418 levels . * Stoch RSI (3,3,14,Close) is Rising. * RSI (14,CLOSE) is Rising. * CCI (20,CLOSE) is Rising. Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our Buy call shall be from Buy above :17151, SL:17113, Tgt 01: 17245, Tgt 02: 17287, Tgt 03:17418. The view expressed here is on weekly basis. A WORD OF CAUTION IN LONGING THE DJIA as DJIA has already travelled to far into buy region be ready for a snap back.. [b ]Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
DJ:DJILong
by ajithchand-bhandaari
SHORT DJI ::: REVERSAL CALLDJI is expected to sink now. There are many reason why we feel it may sink. 01. It is below quarterly buy level. 02. hammerl in daily Chart. 03. To sink and may come near 16150 04. Stoch RSI (3,3,14,Close) is not clear. 05. RSI(14,CLOSE) Is Bearish. 06. CCI(20,CLOSE) Is also sinking. Keeping all the above indicators in view along with the chart pattern we expect it to sink. Our sell call shall be from sell bellow:16628 with a SL @: 16839 Tgt01: 16334 Tgt02: 16150 . We are expecting this to happen shortly. Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
DJ:DJIShort
by ajithchand-bhandaari
DJI LONGDJIA is expected to rise. There are many reason why we feel it may RISE 01. It is trying to touch Monthly Risk buy level of 16719. 02. BULLISH ENGULFING in WEEKLY Chart. 03. To RISE and come near 16597. 04. Stoch RSI (3,3,14,Close) clearly states it may RISE. 05. RSI(14,CLOSE) Is also of the same view. 06. CCI(20,CLOSE) Is of the same view. Keeping all the above indicators in view along with the chart pattern we expect it to rise. Our BUY call shall be from 16427 with a SL @: 16379 Tgt01: 16544 Tgt02: 16597 Tgt03: 16759. We are expecting this to happen shortly. Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
DJ:DJILong
by ajithchand-bhandaari