Showing posts with label Head and Shoulders. Show all posts
Showing posts with label Head and Shoulders. Show all posts

Friday, March 18, 2011

Tatasteel - Lot 500 - Margin 50210

Expecting it to head to 640 - 60 - 80  and collapse post that to 460

Buy with a Stop @ 569

Infosystech - Lot 125 - Margin 60000

Busted !

Classic Head and Shoulders pattern with targets of 2400 - 2300

trendline breached / neckine breached .. headed for the ass...

Friday, March 11, 2011

Tatasteel - Lot 500 - Margin 50210

Daily Chart of TATASTEEL - not a very good picture - Target for this HNS is 475

Thursday, February 10, 2011

Andhrabank - Lot - 2000 - Margin 46000 - CMP 139

Still holding short & added 1 more lot @ 140 - The GAP was filled @ 139

Looks also like a Head and shoulder - Targets on the chart. Exit shorts if that Blue line is crossed & short again @ 148

Tuesday, February 8, 2011

Tatasteel - Lot 500 - Margin 50210

All stocks seem to be making a Head & Shoulders pattern. Overall TISCO can head to sub 480 levels in the ocming months.

Techmahindra

Formed a Head & Shoulder - Likely targets are < 480-450

Wednesday, February 2, 2011

BANKNIFTY

Here's an update on Bank Nifty - Go long only above 10700 for 10900/11000 & go short only below 10350 for 9800/900

CAN YOU ALSO SEE A Head & Shoulder Pattern?

Friday, January 28, 2011

GESHIP - Lot Size 1000 - Margin 57000

Head & Shoulders on the larger time frame.

There is also a WW in the formation - need to see how this plays out. Watch GE SHIP @ 300 to see how price reacts

TCS - CMP 1189 - Lot size - 250 - Margin - 45314

Head and Shoulders & a big gap in between