Stock Ideas :- Nirav Shah

#2
@Prate .

Yes you are right but here i do try to post technical patterns to capture short term moves without considering fundamentals. Trading can be done only by technical analysis & Fundamental should be used when your time horizon for holding any stock is min. 2 years.

Break Out / Break Down from any Chart pattern gives quick move either side and reduce time period to be in the trade drastically .

TCS is on my radar but waiting for it to be broken out above 1155.

Regards ,
 
#4
Coal India future : - Gave HOURLY close below 320 yesterday and today tanked to 307 . book profit as per your choice or trail with proper Stop Loss . no more update will be given for this call. Check old posts for chart.

Areva spot : - Recommended to buy@200-204 @ lower trend line support of falling channel which was broken down and stopped out below 199-197 . It is a lesson that we should not trade against nifty trend. Check old chart for falling channel depiction .
 
#5
Nice profit made in Coal India & Crompton Greaves Shorts . Areva long Stopped Out.

Fresh Stock Ideas : - OMC shaping well ( BPCL & HPCL ) , PFC & RECL also Shaping well.
Reliance IND small break out above 778 . ALL CHARTS & LEVELS OF FUTURES ONLY.









 

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