P&F charts this week

Date: 31st May 2015

Adani Ports long exit level triggered at 338. Bpcl achieved first target, exit level is trailed up and placed at 817 at the moment. Voltas did the target. Yes bank exit level is trailed up and placed at 871 now.

 

- Prashant Shah, CMT, CFTe

 

Disclaimer:
All information provided above is for general information purposes only and does not constitute any investment advice. The readers of this material should take their own professional advice before acting on this information.

P&F Charts this week

Date: 24th May 2015

Adani enter prices did well. Yes bank stop is trailed to 849.   

 

Figure 1: Adani ports (348.95)
Congestion suggests at below suggests that this time price will not resist. Looking for 365 and 376 if price doesn't closes below 338.

Figure 2 : Bpcl (782.30)
I anticipate continuation pattern. Strength is available with affordable stop. Looking for 830 and 860 if price doesn't closes below 760.

Figure 3 : Voltas (318.90)
Strength. Multi box breakout. Expext 340 and more if close doesn't occur below 311.

Fig 1: Adani ports 0.25% x 3 cl P&F chart



Fig 2: BPCL 0.25% x 3 cl P&F chart



Fig 3: Voltas 0.25% x 3 cl P&F chart

 

- Prashant Shah, CMT, CFTe

Disclaimer:
All information provided above is for general information purposes only and does not constitute any investment advice. The readers of this material should take their own professional advice before acting on this information.

P&F charts this week

Date: 17th May 2015

Figure 1: Yes bank (849.55)

Quiet a tight range. Looking for a directional move. A positive close from here will strengthen the shown counts. Stop for longs should be at 821. It is also the level to trade short with stop at 849.

Figure 2 : Adani ent (738.70)
Breakout negating down side counts & High pole. Higher counts are active. Should trade long unless close occurs below 706.

 

Fig 1: Yes bank 0.25% x 3 cl Point & Figure chart



Fig 2: Adani ent 0.25% x 3 cl Point & Figure chart

 

- Prashant Shah