New Intermed Uptrend!!

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TFL

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New Intermediate Uptrend
ANANT RAJ INDS 75.50
CESC LTD 238.80
FDC LTD 29.35
GATEWAY DISTRIPARKS 83.60
IDEA CELLULAR 53.70
JAI BALAJI INDS 75.60
JINDAL STEEL POW 940.90
MADHUCON PROJECTS 60.90
MIRZA INTL 11.70
PHOENIX MILLS 67.95
POWER FINANCE CORP 127.15
RAYMOND LTD 104.00
RELIANCE INFRAST 650.40
ZICOM ELECTRONIC SECURITY SYSTEMS 72.75

Verify with your charts before taking any actions.
I have position in JINDAL S&P only.
Source: http://www.tradersedgeindia.com/market_gems.htm

Hari.
 
I m posting here weekly chart of nifty,

my personal comments :

1. nifty will be in uptrend if weekly close above 3254

2. there is more chance to come in long intermediate uptrend after closing above 3254 because at this time nifty had take more time to conslidate (aprox 2 months) at this level. (previous 2 attemp was arrested due to immediate reactions... 4468 level reacted 5298 and 3790 reacted on 4249 levels.)

3. at this time 2252 is reacting but in slow or consolidation manner compare to previous 2 atempt.


seniors please flash on these comments...

regards

dn jadeja
 
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Companies in intermediate uptrend:

Ambuja Cements
Areva T&D
Bajaj Auto
Bajaj Hindustan
REC Ltd
Reliance
Shree Renuka Sugar
Tata Power
TTML

Many others are there, but charts are not clean for those.

Regards
djsinha
 
Couldn't understand what you said in point numbered 2 and 3. But yes, once NIFTY closes abv 3254, we can say it'll be in an intermediate uptrend.
Regards
djsinha

I m posting here weekly chart of nifty,

my personal comments :

1. nifty will be in uptrend if weekly close above 3254

2. there is more chance to come in long intermediate uptrend after closing above 3254 because at this time nifty had take more time to conslidate (aprox 2 months) at this level. (previous 2 attemp was arrested due to immediate reactions... 4468 level reacted 5298 and 3790 reacted on 4249 levels.)

3. at this time 2252 is reacting but in slow or consolidation manner compare to previous 2 atempt.


seniors please flash on these comments...

regards

dn jadeja
 
I think Cairn India is already in intermediate uptrend.
Yes LV.......An intermediate uptrend within a Primary Downtrend......but have a look at that gradient of trend and that huge wrb on the monthly in Oct....tells us that if position trading is our intention,now is not yet that time,although there is always a swing trade to capitalise on.

Saint
 
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