There is a strong support between 25.40 and 26.00 on AEL. I believe this is the area to collect at present. There will be a re-test @ 27.00 but it would be broken out, and reach a target of 28.80 in the short term.
Making money in the Stock Market is not easy, but not hard only with increased education and understanding.......
Friday, July 21, 2017
Thursday, July 20, 2017
ASI - False Breakout.....Changes expectations
In my last post I faltered in my expectation of a breakout. It appeared to be a false breakout.
Let's hope that the support around 6630/50 will be held this time as well. Failure at that may open it up to breakdown towards 6550 points. The present resistance of 6760 needs to be broken to expect a trend resumption.
Let's hope that the support around 6630/50 will be held this time as well. Failure at that may open it up to breakdown towards 6550 points. The present resistance of 6760 needs to be broken to expect a trend resumption.
Friday, July 14, 2017
Saturday, July 8, 2017
CFVF - Can it breakout 35.00?
CFVF - Watch out for volumes. If you see volumes over 250k traded a day, and more than 1.5M is traded a week, this counter is in for a rally. Watch out!!! Buy idea is as follows:
Wait for the daily volume to go over 250k and then buy at the prevailing level provided it has not gone up too much from the opening price. Idea is to collect to exit at an attractive % return.
Wait for the daily volume to go over 250k and then buy at the prevailing level provided it has not gone up too much from the opening price. Idea is to collect to exit at an attractive % return.
Friday, July 7, 2017
DPL- Broke out with a vengeance
My previous chart dated 26.06.2017 is below
Chart as of yesterday dated 07.07.2017 is below:
Now it will test 11 and support is at 9.00 and above. Buying is risky now if you do not apply stop loss rules. If you have the guts to apply stop loss rules then buy @ 9.50 to target 10.90/11.00, with a stop loss @ 8.90.
Chart as of yesterday dated 07.07.2017 is below:
Now it will test 11 and support is at 9.00 and above. Buying is risky now if you do not apply stop loss rules. If you have the guts to apply stop loss rules then buy @ 9.50 to target 10.90/11.00, with a stop loss @ 8.90.
ASI - Trending up Channel within a Channel
ASI - Trend continuation continues. But trending up hinting a break out. Will that happen? Lets see....
Saturday, July 1, 2017
KAPI - Start Collecting
KAPI.N.0000
Start collecting. As the consolidation is in tact, trend resumption can happen soon.
My previous chart (01.07.2017) is below:
KAPI - worth keeping an eye on
Start collecting. As the consolidation is in tact, trend resumption can happen soon.
My previous chart (01.07.2017) is below:
KAPI - worth keeping an eye on
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