tanrakesh

tanrakesh

AFTER BREAKOUT FROM ACCUMULATION AND INVERSE HEAD AND SHOULDER FORMATION SHARE BREAKOUT NOW THE RESISTANCE IS AT 144 MINOR AND 163 .PHARMA STOCK HAVING A HIGHER TARGET OF WAVE 3 OF 185 .195 OR 210

tanrakesh

struck between 40 to 46 once crosses 46 level of 57 would be seen . BOOK VALUE 125 RUPEES. DIVIDEND RS 2 YIELD OF 5.5 PERCENT WELL DIVERSIFIED COMPANY REGULAR DIVIDEND AND BONUS GIVING COMPANY GUJARAT GOVERMENT TO DISINVEST AND MORE OVER RELIANCE HAVING A MINOR HOLDING IN COMPANY

tanrakesh

once crosses 134 has a higher trg of 144 168 176 inverse head and shoulder formation

tanrakesh

weekly chart suggest that we are in a strong resistance zone and share may take some time here and buy on dip near to 180 level or hold it with a stop of 177 for a target 216, 226 , 280 level

tanrakesh

for multiple return with inverse head and shoulder pattern minimum target of 167 .buy with stop of 117 once crosses 135 minimum trg of 144 167 176

tanrakesh

as crossing 250ema and having rounded bottom once breaks 134 (strong resistance) you will see real power of rounded bottom with a trg of 144 and 165

tanrakesh

buy with a target of 1600, 1720 1760 to go ex dividend today

tanrakesh

NEAR TO SAPPORT BUY WITH A STOP OF 1 RS AND GET AN YIELD OF 5 .5 PERCENT DIVIDEND OF RS 2 IN STOCK AND BOOK VALUE OF RS 125 WHICH I SAPPOSE IS AT A STEP DISCOUNT AND ONE SHOULD HAVE THE STOCK IN HIS PORFOLIO. WAVE TARGET OF 49

tanrakesh

NEAR TO LONG TERM SAPPORT STOCHASTIC AND RSI SIGNALLING OVERSOLD CONDITION BUY WITH A STOPLOSS OF RS 1

tanrakesh

some buying interest is being generated at this sapport level as volume ,RSI and STOCHASTIC SIGNALLING A BUY .SPURT IN VOLUME

tanrakesh

taking sapport at 119 the 200 days moving average a risk of rs 3 and a gain of rs 40 once crosses 127 and then 134 as expected out of consolidation and triangle could target minimum rs 155, 160 target of 3rd wave

tanrakesh

we are entering into high resistance zone as can be seen in chart either we have to correct or may take consolidate in the band bullish cautiously is the buzz word

tanrakesh

once crosses resistance zone of 500 to 512 with volume target of 650 to 750 for 3rd wave

tanrakesh

once breaks 500 to 512 range will give a phenomical return and trg of 650 to 750 for 3rd wave

tanrakesh

in channel with sapport near to 180 and target of 210 to 218 and probably third wave to end near to that zone buy with a stop of 178.long term target of 250 to 260 for 5 th wave

tanrakesh

buy at current level OF 293-94 LEVEL WITH A STOP OF 5 RS as taking sapport at 200 days moving average RSI AND STOCASTIC BOTH IN OVERSOLD TERRITORY ONCE CROSSES 320 WILL SHOW REAL POWER

tanrakesh

fibonacci retracement and time chart are showing once it crosses 495 ie 50% retracement it will target 538 that is 61.8% retracement

tanrakesh

after accumulating for last 15 days expect a rally toward 92 once it crosses 92 level it migt go upto 120 trg of 3(3) wave. crude has been rising for last 8 to 9 days