Date: 24th May 2015
Adani enter prices did well. Yes bank stop is trailed to 849.
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.
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.
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.
Strength. Multi box breakout. Expext 340 and more if close doesn't occur below 311.
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| Fig 1: Adani ports 0.25% x 3 cl P&F chart |
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| Fig 2: BPCL 0.25% x 3 cl P&F chart |
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| 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.
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.
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