NooBs Trading Step into Wild Market

#91
Stock Selection Analysis - 9-May-17

BAJFINANCE - It is on a steady uptrend and we can see a pullback to the recent resistance zone. The candle that is shown here is a green candle with very light volume. Likely to move upside.



BRITANNIA - it just crossed the previous resistance and formed a pullback to the same zone. we can see a long green candle which shows evidence for the bulls participating in it. So it is a likely trade to the upside.



LT - Same scenario like the above.

 
#92
Stock Selection Analysis - 9-May-17

BAJFINANCE - It is on a steady uptrend and we can see a pullback to the recent resistance zone. The candle that is shown here is a green candle with very light volume. Likely to move upside.


BRITANNIA - it just crossed the previous resistance and formed a pullback to the same zone. we can see a long green candle which shows evidence for the bulls participating in it. So it is a likely trade to the upside.


LT - Same scenario like the above.


Update :

Both BAJFINANCE & BRITANNIA performed well and provided with profit.

LT - took the hit on SL order.
 
#93
Stock Selection Analysis - 10-May-17

TITAN - Ranging mode, but on support forming a bullish piercing pattern I guess. likely to move up.



ENGINERSIND - Two candles formed an INSIDE BAR together and it can go UP or DOWN. trade accordingly, but most likely it as to shoot up is my analysis.



BEL - it is on the verge to breakout, on an ascending triangle


 
#94
Stock Selection Analysis - 10-May-17

TITAN - Ranging mode, but on support forming a bullish piercing pattern I guess. likely to move up.


ENGINERSIND - Two candles formed an INSIDE BAR together and it can go UP or DOWN. trade accordingly, but most likely it as to shoot up is my analysis.

BEL - it is on the verge to breakout, on an ascending triangle

Update:

Out of these only TITAN performed good with profit, remaining two hit SL
 
#95
Stock Selection Analysis - 11-May-15

SUNTV - Expecting the same bullish move following day as well.



TVSMOTOR - Formation of ascending triangle pattern , if it break out, it has the potential for upmove.Can see small volume generating at the tip of triangle.

 
#97
Stock Selection Analysis - 15-May-17

ABIRLANUVO - On a steady uptrend forming HH and HL. a good pullback done and likely to move further upwards.



GRASIM - Same group with steady uptrend. Likely to move up as well..



L&TFH - A bullish engulfing pattern after a pullback, likely to move up



LICHSGFIN - Arriving on a support, formed a Doji candle, it can be the stopping zone for downside. A break above HIGH is BUY.

 
#98
Stock Selection Analysis - 15-May-17

ABIRLANUVO - On a steady uptrend forming HH and HL. a good pullback done and likely to move further upwards.


GRASIM - Same group with steady uptrend. Likely to move up as well..


L&TFH - A bullish engulfing pattern after a pullback, likely to move up


LICHSGFIN - Arriving on a support, formed a Doji candle, it can be the stopping zone for downside. A break above HIGH is BUY.


Update:

The only good mover among the top was LICHSGFIN, gave profit.
 
#99
Stock Selection Analysis - 16-May-17

IBULHSGFIN - had a pullback and staying along the support line , it can climb up further.



LICHSGFIN - Still it is under the selection, since it moved up, it is likely to move further upwards.



MRF - After a good healthy pullback, it is likely to move up.



UNIONBANK - Exactly taking support from the previous swing high zone. can see a bullish candle today and it is likely to move up.

 
Stock Selection Analysis - 16-May-17

IBULHSGFIN - had a pullback and staying along the support line , it can climb up further.


LICHSGFIN - Still it is under the selection, since it moved up, it is likely to move further upwards.


MRF - After a good healthy pullback, it is likely to move up.



UNIONBANK - Exactly taking support from the previous swing high zone. can see a bullish candle today and it is likely to move up.

Update :

IBULHSGFIN & MRF gave a good move.. remaining hit SL>
 

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