Date: 6th April 2015
Figure 1: UPL
Low Pole defended trend line. Double Top buy signal occurred after Low Pole activates the target of 468. Stocks seems heading upwards for previous activated count of 487.
Figure 2: CESC
Bullish Engulfing defending the trendline confirm the support. Horizontal setups breakout looks promising for 10% up side. Column reversal should be a stop for immediate buy but subsequent signals above trend line will give another opportunity if that happens.
Figure 3: SKS Micro
Figure 1: UPL
Low Pole defended trend line. Double Top buy signal occurred after Low Pole activates the target of 468. Stocks seems heading upwards for previous activated count of 487.
Figure 2: CESC
Bullish Engulfing defending the trendline confirm the support. Horizontal setups breakout looks promising for 10% up side. Column reversal should be a stop for immediate buy but subsequent signals above trend line will give another opportunity if that happens.
Figure 3: SKS Micro
Stock has formed corrective pattern during last several days but remained above 45 degree trendline. And line again got defended with occurrence of Bullish Engulfing. Looks like it is heading for previous activated count of 567.
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| UPL 0.25% x 3 cl Point & Figure Chart |
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| CESC 0.25% x 3 cl Point & Figure Chart |
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| SMS Micro 0.25% x 3 cl Point & Figure Chart |
- Prashant Shah
Disclaimer:
All information provided above is for general information purposes only and does not constitute any investment advice. Company or Author shall not be liable for loss or damage that may arise from use of information provided above. The report is purely for information purposes and does not construe to be investment recommendation/advice or an offer or solicitation of an offer to buy/sell any securities. The readers of this material should take their own professional advice before acting on this information.
All information provided above is for general information purposes only and does not constitute any investment advice. Company or Author shall not be liable for loss or damage that may arise from use of information provided above. The report is purely for information purposes and does not construe to be investment recommendation/advice or an offer or solicitation of an offer to buy/sell any securities. The readers of this material should take their own professional advice before acting on this information.
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