Sunday, January 30, 2011

30-01-2011 - BankNifty - CMP - 10578

My Technical View on BankNifty on 30-Jan-2011. Please click on image to view bigger size



Currently its trading in downtrend and its clearly visible in the above chart. My personal view is to avoid as of now. Either buy near 1000 or above 11200 only. Breaking 11200 will take BankNifty to 12000-12500. Breaking 11200 will also create an Inverted Head and Shoulder.

Friday, August 6, 2010

06-08-2010 - UNITECH - CMP Rs.85

My technical view on Unitech Ltd on 06-August-2010. Click on image to view the actual size


Please leave your suggestion and comments


Tuesday, July 27, 2010

27-07-2010 - COREPROTEC - CMP Rs.257

On 25th July I clearly mentioned to short COREPROTEC when it was Rs.278 and today it closed @ Rs.257/- (http://markettrendhunt.blogspot.com/2010/07/25-07-2010-coreprotec-cmp-rs27860.html)

My future view is as follows. ( click on below image to see the bigger size)


Core projects is making Three black crows. If tomorrow it goes up and starts coming down, then short it ( or hold your short) for more profit.

NOTE: Today it closed above 20 EMA Rs. 256. So chances of going up is more... Short blindly when it breaks 256 :)


Monday, July 26, 2010

26-07-2010 - MARUTI - CMP Rs.1191 - BUY

My technical view on Maruti Udyog Limited (MARUTI) on 26-july-2010. Click on image to view the actual size. Buy Maruti now with a strict stop loss @ Rs.1175 on closing basis


follow me @ www.twitter.com/manjunathg


Sunday, July 25, 2010

25-07-2010 - BANKNIFTY- CMP 10093.90 - SHORT

My technical view on Bank nifty (BANKNIFTY) on 25-july-2010. Click on image to view the actual size. Its better to short around 10150-10200 for a target of 9800 and 9600. Breaking 9600 will take this to 9000 and below.



Check my previous view of Banknifty on 19th july 2010. As I mentioned earlier it can go till 10200+ and not more than that.





25-07-2010 - Coreprotec - CMP Rs.278.60/-

My technical view on Core Projects on 25-july-2010. Click on image to view the actual size.




Thursday, July 22, 2010

22-07-2010 - Unitech - CMP Rs.84.20/-

My technical view on Unitech Ltd on 22-july-2010. Click on image to view the actual size.



Comments are welcome :)