SPX500: Testing a Very strong Resistance Level of 50WEMA #Watchout

SPX500

CMP 2017

#Watchout level 2020/21 50WEMA 2045/55 resistance  Zone 

#Unable to Cross above level might lead to a new Bear rally. tgt 1900/1855/1766  SL 2068cb

Ansal Properties & Infrastructure : medium term tgt 31+++

Ansal Properties & Infrastructure

BSE: 500013 |NSE: ANSALAPI |

SECTOR: CONSTRUCTION & CONTRACTING - HOUSING

LTP 19

Buy If close abv 21.5 Sl 17.5 tgt 31++

OR

Buy near 17.40 Sl 14 tgt 31++

Disclaimer :The Above view is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers.

Why Every Trader/Investor Should Trust On Technical Analysis

Hello Reader, Generally im writing on my blog about technical Speech lecture (Bhasan) :D :p Till now Im covered  my last 3 Post

1.WHY RIGHT EXIT IS SO IMPORTANT IN INVESTING LIFE

2.IMPORTANCE OF MOVING AVERAGES IN TRADING/INVESTING LIFE

3.Importance Of STOP-LOSS in Trading/Investing Life

In this post I Will Explain Why every Trader/investor Should Trust on technical analysis. 

Almost from Last 1 year Oil Drilling And Exploration Sector was in Bear Phase. Continuously making 52week low.  

Take a look Top Companies in this sector

Most of the stock is almost fallen 30/40% From its High .But Only 2/3 stock that's Continuously making Life highs (52 week high) in same sector.(IGL & Deepind) .The big name like ONGC,GAIL,Cairn,Selan,Oilindia,aban is almost half in last one year. IGL and deepind was my recommendation  thats doing great till now. Check below link

IGL READY FOR NEW BULL RUN : 350/450/500++ 

         VIEW ON DEEP IND : Add In Portfolio For 100++ 

Today Both made 52 WEEK HIGH. :D ..Thats all achievable by Technical analysis only. For Techncal analyst it doesn't matter whats Sector or comapny doing . Once Charts Speaks must follow that Off-course With STOP-LOSS.

  So Believe it. Learn it. then Try to earn it. First Learn then Remvo "L" i.e Earn.

Technical analysis  is ART not a Rocket Science/Magic ...Years of Hard work makes you perfect in what you do.

Technical Bet (Short/Medium Term Pick): Rain/Maxwell/Pratibha/JmFin

JM Financial

Maxwell Industries

Pratibha Industries

Rain Industries

Disclaimer :The Above view is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers.

UPDATE ON GOLD: FINALLY GOLD NEAR MY DREAM TGT OF 24000

GOLD 24451 LOW YET ALMST 24K DONE> 

ON 29 AUG 2013 GOLD MADE HIGH 35074. THAT DAY ONLY UPDATED MY VIEW ON GOLD FOR TARGET 24000. WHERE MANY WERE EXPECTING FOR 45K.

   CHECK GOLD VIEW HERE

NOW AGAIN ON 17 SEP 2014 POSTED VIEW ON GOLD FOR LOWER TARGET AND GIVEN REVERSAL POINT 28650 GOLD MADE HIGH 28500 AND REVERSED AND NOW NEAR FINAL TGT OF 24k.

AND FINALLY AGAIN IN JAN2015 POSTED AGAIN BEARISH VIEW ON GOLD IN DOLLAR TERMS CHART. CHECK GOLD VIEW IN $ TERM

SO STILL IN MY VIEW GOLD CANT BOUGHT FOR AS A INVESTMENT YET. STILL TECHNICALLY DESCENDING TRIANGLE PATTERN TARGET PENDING. 

Disclaimer :
The Above view is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers.

ULTRAMARINE & PIGMENTS LTD : May Be Next ATUL

ULTRAMARINE & PIGMENTS LTD

BSE: 506685 |  ISIN: INE405A01021 | 

SECTOR: DYES & PIGMENTS

Buy in dips till 70/58/55 SL 47CB TGT 100/200/400++ & More. 

Disclaimer � The Above view is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers.

Long Term Investment Pick: International Travel House :Just buy & Travel in the rally

INTERNATIONAL TRAVEL HOUSE LTD

BSE: 500213 |  ISIN: INE262B01016 |

Industry :Travel Support Services

LTP :267

Buy in dips 255-245 SL 230CB For Target 388+ /488+ and Even Higher. (2/3 year) 

Exit  only If weekly Close Below 230 /229.

Disclaimer � The Above view is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers.

Empee Distilleries / EDL : ADD FOR 111+++

Empee Distilleries / EDL 

BSE: 532920 | NSE: EDL | ISIN: INE180G01019 | 

SECTOR: BREWERIES & DISTILLERIES 

LTP 39

BUY EDL IN DIPS 37  ADD MORE AT 32.50 SL 25.50CB TARGET 61/89/111++ (2/3 YEAR)

Disclaimer � The Above view is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers.

MRPL : STOCK MAY DOUBLE FROM HERE TGT 145++

Mangalore Refinery and Petrochemicals

BSE: 500109 | NSE: MRPL | ISIN: INE103A01014 | 

SECTOR: REFINERIES

LTP 79

BUY ON DIPS 74/70 SL 62 CB TGT 145++

Disclaimer � The Above view is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers.

MBECL - KEEP EYE ON STOCK FOR 150/200++

Mcnally Bharat Engineering

BSE: 532629 | NSE: MBECL |  SECTOR: ENGINEERING 

LTP 97

BUY NEAR 85/82 OR ADD ABOVE 111.5 SL 72CB TGT 122+/170/212++

LONG TERM TGT 170/205++

 (STOCK FORMING INV h&s PATTERN) BREAKOUT ABOVE 111.5) 

Disclaimer � The Above view is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers.