Thursday, March 21, 2013

SWING TRADE ANALYSIS 20 MARCH


Here I found some stocks at a glance which are showing a big gap in RSI range for lower lows in PC.
All charts are 6 months daily...

 WHIRLPOOL OF INDIA





The First 6 months daily chart is "Whirlpool of India" 's chart...
showing a good chance for swing trading...
PC about to make a lower low
RSI about to make a higher low
means The Stock is about to show a Bullish divergence.


L&T

PC about to make a lower low
RSI about to make a higher low
means The Stock is about to show a Bullish divergence.


LIC HOUSING FINANCE

 

PC about to make a lower low
RSI about to make a higher low
means The Stock is about to show a Bullish divergence.

 





Tuesday, March 19, 2013

BHEL ANALYSIS 19 MARCH

This is 8yr weekly chart showing some support and a hope to become bullish divergence if it goes up in near future.

Now look at the 6 m daily chart which is clearly showing H&S Pattern and the targets achieved.

Look at the patterns closely in a 3 m daily chart...
It has already achieved two targets of H&S.

So in my opinion we should trace it because it is on its support level.
Now no advice to buy it.


Saturday, March 16, 2013

SAIL ANALYSIS 15 MARCH

This is 8 yrs weekly chart showing some bearish divergence.

This is also 8 yrs weekly showing a good trend line.


These are the support and resistance levels for this stock in previous 8 yrs.

This is 9 months daily chart showing nothing but a H&S look like pattern after which it fell.

My Opinion:
This stock is showing that it is the third time in 8 yrs when this stock is on current level.
Previously it got good supports on current level. It is a very good level to purchase this stock.

Strategy:
If on Monday 18 march it shows any rise in price then purchase it for a target to earn 30 rupees per share.

HINDUSTAN UNILEVER LTD. ANLYSIS 15 MARCH

No indicators on weekly chart for this stock.
This is 1 yr daily chart showing a trend line and support-resistance level.

Now it is also a 1 yr daily showing some bullish divergences.
Nothing else in this stock.

My opinion:
There are not sufficient indicators those can tell us anything else about this stock but now it is on such level that it doesn't have any big previous resistances so we can enter in it for a target of Rs. 480.

Strategy:
Just keep in mind that it is better to move out with small profit instead of a huge loss.
If it still goes up on Monday (18 March) then purchase it for above target.

ONGC ANALYSIS 15 MARCH


It is 8 yrs chart showing the support and resistance.

There are also some good resistances considerable for current level.


This is 1 yr daily chart showing the first one "the positive divergence" and second one "the bullish divergence".

My opinion:
This is the third time when this stock is on current price level. Previously it couldn't find any good support to go up from this level. But now it is making double bottom and showing bullish divergence.
But we should remember that two times before the market didn't support this stock to go up from this level.
I don't think that we should take risk on this stock now.

Friday, March 15, 2013

CROMPTON GREAVES LTD 15 MARCH

It is 8 yrs weekly showing different supports (Green) and resistances (Red).
It is also showing a bearish divergence for current level.

Now it is 6 months daily showing previous H&S and now reverse H&S.

Strategy:
If it shows any white candle now and closes above the previous level. Then it will confirm the reverse H&S.
So purchase it after confirmation. Confirm by watching its performance on the next day of white candle. If it will close above the previous level then purchase it.

Wednesday, March 13, 2013

ANALYSIS STATUS FULL REPORT 26 FEB TO 13 MARCH

I think it is a good idea to verify our analysis techniques by testing it after a time gap.
The purpose of this report is to find out the correctness of our analysis.
I have tested all the stocks I was tracing from 26 feb.

NESTLE INDIA ANALYSIS


It was the chart on 26 feb.
The price was around 4650 and I didn't find any buy opportunity then.

It is the chart on 13 march.
The price is around 4690. It means price was increased only 40 rs in previous 15 days.
The rate of increase is 0.86% in 15 days.


TATA COFFEE ANALYSIS

Tata coffee 1 yr daily on 28 feb.
Price was around 1450 rs.
I analyzed that it was indicating to go up.

It is chart on 13 march.
Price is around 1550 rs. Increase in price is 100 rs in 13 days.
Growth rate 6.9% in 13 days.

YES BANK LTD ANALYSIS

It was 1 yr daily chart on 28 feb.
Price was around 470 rs.
I didn't find any buying opportunity in it.

It is 6 m daily on 13 march.
Price is around 480 rs. Increase in price is around 10 rs.
Growth rate of this stock in previous 13 days is 2.12%.

Cera Sanitarywar Analysis 

This was the 1 yr daily chart on 5th march.
Price was around 440 rs.
I didn't suggest to buy this stock.

It is 6 m daily chart on 13th march.
Price is around 445 rs. Increase in price only 5 rs in 1 week.

DLF ANALYSIS

This was the 1 yr daily chart on 6th march.
The price was around 270 rs.
I suggested to trace because it was on support level of previous 5 yrs so it could go up.

This is the 6 m daily chart on 13 march.
The price is around 280 rs. Increase of 10 rs. in 6 days.
Now it is still showing Bearish divergence.

finished.....

BERGER PAINTS ANALYSIS 12 MARCH

This is Berger Paints 8 yr weekly chart showing the bearish divergence and a indication to fall heavily in near future.

This is Berger's 1 yr daily still showing bearish divergence and a H&S Pattern which has not shown any of its effect on price yet.
Means we can expect this stock to fall near its H&S point.

Now this is 6 months daily chart still showing the bearish divergence and you can clearly see the H&S pattern in it...

My advice is to stay away from this stock or play F&O...


Wednesday, March 6, 2013

DLF 6 MARCH

It is DLF 5 yrs weekly chart...
showing a very good support line...
It is also showing an expected support for current level.

Now look at 1 yr daily...
It is also showing some support level for current situation.
There was a bearish divergence which worked but because of a big support level it didn't fall beyond that...

I think we should trace it also...
It can go up in near future....

Tuesday, March 5, 2013

Cera Sanitarywar Analysis 5 march

CERA 1 yr daily chart...
No indicators in weekly chart...
Only S-R level and Multiple support and a Trend line is there.

And only a Bearish Signal is there as you can see in the chart.
I do not suggest to buy this stock right now...


TATA COFFEE ANALYSIS 5 MARCH

Tata coffee 6 months daily...
Analysis says that it has happened two times before that this stock gives confirmation before rising up.
And you can see that today it also gives a confirmation like before.
there are divergence as you can see in earlier analysis that was done on 28 feb.

TATA COFFEE ANALYSIS 28 FEB