Thursday 23 May 2013

Axis Bank Ltd







Axis Bank formed a strong negative MACD Div. on Daily the first tick of which was seen today.

Consequently there wad a negative HPI DIv formation and the HPI crossed the zero levels comfortably.

While the 240 M charts show a change towards negative trend the daily charts has simultaneously indicated the positive strength loosing steam.

Auro Pharma





Auro Phama is showing break in trend on daily with HPI crossing d zero levels.

On hourly however a positive MACD Div is forming , but the trend strength is negative.

ACC







ACC has turned negative on daily chart with the negative MACD Divergence working for it.

While the hourly has shown some amount of up move due to MACD positive div the trend is still negative in hourly.

While the HPI has comfortably crossed d crucial zero levels d stock may b headed down. — with Prachi Selvan and Archana Mankar.


Tuesday 21 May 2013

Ranbaxy Ltd


The most crucial levels are indicators/oscillators crossing zero levels. This is not a sell signal but keep it on a watch list for a possible break out.

NIFTY

Crucial to watch Open Interest Levels to take positions accordingly. Watch out for possible divergence formations

Monday 13 May 2013

R Com



Adani International



ITC


ITC had the greatest fall today... Play safe as it is result oriented now
Results on  17th May 2013



NIFTY



NIFTY - Is this a correction ?

Tuesday 7 May 2013

Asian Paints - Update






Major Oscillators going north
Trend Indicators in a uptrend
OI increasing
Asian Paint Results on 9th May 2013
Stock Split on agenda

Auro Pharma - Update




Major Oscillators going south
Formation of Negative Divergence
Trend Changed in Lower Time Frames
Shud loose a bit of Steam on Daily


Thursday 2 May 2013

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