Friday 26 June 2015

OI update as on 26th june ..for July series 2015

As per the OI analysis the range seems to be 7900 to 8500.......I feel nifty has potential to move up as the IVs of calls are very low and the calls are cheaper as compared to Puts....so for few days nifty will be kept up so that the IVs of puts are reduced to over 15 range....Its just an assumption..So might be Big money will try to add calls and they will trigger the hope of 8800 so that people will buy calls.....Strong resistance could be 8489-8525 zone.......but yes now straight away if nifty close below 8344 on monday then best is to initiate short if nifty close below 8344 or else go for target 8444-8466-8489 further 8525-8544....Below targets everyone knows close below 8344 and 8325 targets are 8277-8244-8225 further 8171 8144-8125-8080-8044....Plan is must for a disciplined trader...smile emoticon LEts have look at OI analysis....There are more experts in OI i am just trying to post as per Price and OI analysis

For nifty to move up close above 8444-8466 is very important where as close below 8325 fresh short will be initiated in Nifty.

 

Saturday 13 June 2015

HUL Falling Wedge PAttern

Shayad ye 754 Jakar hi Dum lenga............Perfect Falling wedge pattern


Moving ahead its should take support of 80% FIbo level for some time lets see if it breaks the wedge at the upper level that means whether it gives the breakout or else the target should be 750.

Friday 12 June 2015

Nifty OI Game for June 2015 series !!

Nifty Close above the previous days close....low was tested again...7933....8022 will be the crucial level again ....a close above that nifty can test the upper targets of 8242 where as if it struggles to move above 8022 then one can go sort with SL of 8055 for targets 7975-7933 further targets are 7889-7860-7825

https://www.mql5.com/en/charts/3572760/nifty-s-d1-starline-solution-ltd

SAR Applicable  for Nifty is 8145
IF nifty close above 8145 on closing Basis reverse you position and Go long 
OI Zone is showing 7800 -8500 Range
Dont understand why Bears shifterd that to 8500..Overall the sentiments are Bearish and charts also depeciting the same. So Go short at every rise......SL 8145....Rise means if you get 8089-8125  on closing basis Go for targets 7933 and lower targets SL 8144 strictly....If anybody wants to take risk they can take this SL on closing basis level.....That means any close above this level on should Go long with SL 8122

Friday 5 June 2015

Coal Coal Coal shamo sha sha

Should go upto 415 -420 as per Gan grid and FIBO level

Follow me on Mql5.com for more charts

https://www.mql5.com/en/charts/3539242/coalindiac-h4-starline-solution-ltd

COAL....COAL.........COAL..............KOYLA

Thursday 4 June 2015

SBIN 4 HR chart

ITC broader view

ITC view


Seems more downward is pending



ITC short term view



The Story of Falling TATASTEEL

Nifty Chart as on 4th june-Hammer

Nifty opened at 8155 High 8160 Low 8056 and close 8130.....Perfect Hammer.
As per candle stick pattern it can be considered as the reversal sign. Depending on how nifty opens tomorrow.
Nifty has to open around 8144 and trade above 8160 consistently..That means it should not break 8123 level now..
Breaking this level it will test 8089 and 8066 level.....furhter level would be 8044 and 8020........so the reversal Hammer pattern will fail in this case and nifty will test the double bottom that is 7989 level and 7975 level. How ever once can Go long with this level with SL of 7944-7933 levels....a break of these levels means nifty will test 7889 and further 7860-7844-7819 levels......Nifty should have solid support at 7789-7744-7719 level...from there a bounce can be expected....but as of now the sell of that is happening it seems that nifty will trade in channel and it will have lower low pattern.

Lets follow the Fibo level and trendline channel and trade accordingly
Looking at the upper level 8181 and close above that will show some strength
in nifty further levels would be tested are 8212-8240 and important level would be close above 8269 .....upper targets would be 8289 and 8325 close above 8344 nifty will be bullish and 8389 and 8444 levels would be tested again. close above 8444 nifty would be bullish for further targets of 8466-8489 8525-8544-8575 and 8625.....close above that 8680 would be another important levels to test 8725-8756-8789....further 8805-8825 and 8844-----moving ahead 8860 and 8889 would be another important hurdle.........8914 close above taht would be 8925 and 8944 further 8989 and 9027-9060.....9089 and 9120 would be the high of previous wave high..............lets see how nifty behaves....whether history of jan 2015 is repeated or of 2008-2011 will be repeated....follow the charts and play with the above important levels.

Follow my charts on METATRADER_CHARTS_SHAILESH

Lets find Potential multibagger>> Alufluoride Ltd Share Holding