NIFTY & Indian Stock views

devadas

Well-Known Member
#1
I will post my views & Nifty views in this thread

Nifty is taking support via formation of morning star at 5693 & is getting resisted at the triangle apex of 5952.See chart

So break above 5952 will be bullish.

Below 5675 bearishness will prevail
 

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devadas

Well-Known Member
#2
Deccan Aviation / Kingfisher Airlines (46.9)

Deccan Aviation previously & now called Kingfisher Airlines is making a A-B-C pattern.Buy current with a stop loss of 42.9 for targets of 52 +.





DISCLAIMER: These notes/comments have been prepared solely to educate those who are interested in the useful application ofTechnical Analysis. While due care has been taken in preparing these notes/comments, no responsibility can be or is assumed forany consequences resulting out of acting on them.Trading in Stocks/Commodities/Futures Carry Risk.
 

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devadas

Well-Known Member
#4
LUPIN ( 434.9)

Lupin has broken out of consolodation triangle.Look for targets of 465 + with stoploss of 414.

DISCLAIMER: These notes/comments have been prepared solely to educate those who are interested in the useful application ofTechnical Analysis. While due care has been taken in preparing these notes/comments, no responsibility can be or is assumed for any consequences resulting out of acting on them.Trading in Stocks/Commodities/Futures Carry Risk.
 

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devadas

Well-Known Member
#5
DISCLAIMER: These notes/comments have been prepared solely to educate those who are interested in the useful application ofTechnical Analysis. While due care has been taken in preparing these notes/comments, no responsibility can be or is assumed for any consequences resulting out of acting on them.Trading in Stocks/Commodities/Futures Carry Risk.
NIFTY (5749.5)


Nifty had already made a LOWER TOP (see chart) but not a lower bottom.If it breaks 5693 it will make a lower bottom & one can initiate Shorts on Rallies.click on image to enlarge
If it does not break 5693,it may make a Triangle Pattern & one can initiate action accordingly as a breakout occurs.click on chart to enlarge
 

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devadas

Well-Known Member
#7
DISCLAIMER: These notes/comments have been prepared solely to educate those who are interested in the useful application ofTechnical Analysis. While due care has been taken in preparing these notes/comments, no responsibility can be or is assumed for any consequences resulting out of acting on them.Trading in Stocks/Commodities/Futures Carry Risk.

BANK NIFTY (11243.8)

Bank Nifty has broken out of the Rectangle.Target of 11,014 looks probable.
 

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devadas

Well-Known Member
#8
DISCLAIMER: These notes/comments have been prepared solely to educate those who are interested in the useful application ofTechnical Analysis. While due care has been taken in preparing these notes/comments, no responsibility can be or is assumed for any consequences resulting out of acting on them.Trading in Stocks/Commodities/Futures Carry Risk.

SINTEX (177.45)

Sintex has made a double bottom & broken out .First minor hurdle is 191 & target of 205+looks possible.Stoploss below 159.http://devadasnayak.files.wordpress.com/2011/05/xsinin.gif
 

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