Everyone is wondering whats going to happen with the auction of 41 blocks of coal by the government and how private players will operate this dying company ? My bet is we go up for the next few weeks and 271 is where we may just range and consolidate for a bit. Till then this is a buy the dip mode. Short term chart to follow.. assuming its bullish and painting...
Had 5 attempts previously to break 52.40 now in the 6th attempt it has managed to stay above and probably a little test of 52.40 before the golden cross on the 4hr happens . With the downtrend line being so close and this reversing after 2 years i feel we blast through and possibly reach 123 relatively fast. Stop loss just below support so around 49.85 and go...
This has been a downtrend since May 2018 and now looking promising and in my guess should break the downtrend. It already made a bottom of 33.50 and has doubled since then i think it should carry on till 123 in the mid term. Low time frame chart to follow.
confluence of the moving averages may get a fill at 86 . Just a follow up on the earlier high time frame graph. 113 is the immediate target where we might see a wee pull back before the big move up . so hop on now or hop on after the downtrend has been taken out and get in on the retest. Gutted missed the meat of the move but i feel quite bullish about this ,...
99 day has stopped this run for now however this baby is going to break 199.35 its ATH prettty quick and most likely make new all time highs. 113 looks like a busy area however i feel it should not be a problem and once we cross that doubt we get a rejection from the long term downtrend line.
266.35 currently I feel this baby can keep going up and creating new high's so if anyone is looking for a long term relationship with BDL now is the time to commit :) To be honest did not dig deep into this it just had me at " LOW DEBT" :)
Thought why not check out some defense companies since everyone is ready to kill each other, this is the first and it looks ready to pop on the 4hr It's forming a bull flag i assume and we are setting up to break through 281.30 . On the daily you'll see we got rejected by the 200 day on 3 occasions so obviously had to come back to refuel or see if the lower...
Follow up to an earlier trade of this so HTF chart is on my feed if anyone cares. Always like coming back to the ones which pumped recently and have made their local bottom. This looks it has and it tested support at 81.80 2 times and is now sitting on a gorgeous spot on the daily just below the 99day and with a lot of room to move above till our friend the...
Looks like we are going to have one last dip to 9924 (50 day support ) and we reschedule our party for Monday Reason being it touched the top of the pennant and i feel will pop back down for a long squeeze and set up for a exciting open on Monday . A record number of expires tomorrow coupled with Quarter ending results so expecting some nice volatility. I know...
Downtrend since December 2017 has hit rock bottom at 54 now looking to break this downtrend with volume. No idea what the company does but this bullish engulfing daily and the fact that its got a low risk i'd be looking at 64.90 for an entry and 73 as first target. then 93 and 122. This should move fast next few days , i feel we will get rejected by 93 this...
Confluence of the Trifecta is normally a good enough indication for me to enter a trade .. Macro outlook described earlier .. as mentioned after 60 is when this should pick up speed . till then play the levels .
ENTRY 24.30 - 28 SL 23.85 TARGET 57.95 Since this was trending on twitter thought i'd have a quick look at it .( should get some volume due to the interest ) The government owns 60% of it and is planning on offloading 40% this also happens to be THE big boy power generation equipment manufacture so assuming the country's need for demand should increase. Golden...
buy 6.85 sell 14.95 follow up to previous HTF chart really doubt another test of 3.20 but just in case 6.75 SL Nice fat discount at present just buy and forget for a couple of months
Loss of 71 crore helping it hit lower circuit ... on the daily time frame we have 6.85 as support with this making 3.2 as its all time high. Downtrend since December 2007 so some one has been having fun shorting this for the past 13years. Well its time to reverse and start acumalating since this is very near to the apex of the triangle and will break through...
Enough of consolidation and confusing people lets go up MM , one last pull back to 9.35 maybe get front run at 9.40 and then we can take a break at 13.35 . Managed to reclaim support after falling to 7.95 a few days ago to me the entire market is just waiting to break either way and i'd say the only way is up! Everyone is expecting a 2nd wave and a big fall ,...
Hola Folks ! Just playing around with the 30 mins graph since our range has just got tighter on the daily and by the looks of it we are setting up for a big party on Friday Open .(doubt we drag it till Monday expect some profit taking and buy the dip mode from there on ) with the golden cross forming and 10569 next stop. The 200 day on the Weekly chart is...
Penny stocks are so much fun when they have lesser volume , way easier to manipulate . Looks like the shake out of weak hands and 3.90 is where it should start flipping to hitting the uppe circuit again . Following Rolta path as it peaked then pulled back to resume laters . 3IINFOTECH was at the lower circuit this morning and flipped to upper all of a sudden...
Had a nice fall today looks like its setup for tomorrow intra day 98.40 held and bounced from there so quite possibly retest is done . However since on the daily the 50 day is a tad bit lower around 91 so 93.20 is where i expect this sweetheart to bounce and flip 108 for sure before we do the golden cross and zip on by to 122 , 134 Lets see what tomorrow...