Friday, July 21, 2017

AEL - Collect between25.40-26.00, Short Term Target 28.80

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.


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.


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.


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.

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


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