Gold Monthly Analysis

This is Gold Weekly Chart .

Here Gold was in Consolidation since 2013, It made a low of  24k Levels and and High of 35k Levels.
Presently  we found a  that this script price is running in a very famous pattern that is Triangle pattern.
Here Price has made 5 years Triangle pattern which is very Powerful, presently it is now yet broken.
It is showing that price is now matured enough to break the pattern as you see on chart that price made Double Bottom and made its 1st Higher Low thats all the sign of Bullish Price Action in this Chart.
I am only interested in this chart if Price closes above this pattern with Big Volume.

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CESC LTD

    Monthly Chart

                                         This is the Monthly Chart of CESC LTD
   

• In this chart we got that there is a Positive Reverse Divergence means price is made Higher Low while indicator made lower low.
• Price previously retested its Previous Structure level and now given the bullish Signal.
• Presently price is forming Bullish Harami Candlestick Pattern .

           Eastern Pattern (Bullish)+ Western Pattern(Bullish) = Bullish Confirmation 

    Daily Chart

                                            This is the Daily Chart of CESC LTD 

• Here we got a Bullish Structure Triangle Pattern.
• Presently Price has Broken Triangle Pattern .
• Breakout Volume is Very high than Average Volume .
• There is a RSI Bullish Range Shift in Daily Chart .

   We are targeting this will toch 1050-1130  very Soon all you have to do take your best entry and relax.

The Charts posted here are for educational purpose only and it is not for any kind of marketing purposes or trading services.And you the Viewer are solely responsible for the profit or loss incurred during the trade.Note that we are not SEBI registered advisor,the blog is meant for Educational purpose only.

Bharat Bijlee

   Daily Chart

                     This is the Daily Chart of BBL(Bharat Bijlee)

• Here price is retracing from some days 
• Price is coming to Some attractive Confluence levels that is Fib 786 and its Previous Structure Zone.
• RSI  Signals Positive Reverse Divergence which is very Powerful.

                   I am Expecting this stock can go 1620 level in a month or 2.

The Charts posted here are for educational purpose only and it is not for any kind of marketing purposes or trading services.And you the Viewer are solely responsible for the profit or loss incurred during the trade.Note that we are not SEBI registered advisor,the blog is meant for Educational purpose only.

Vedanta LTD

 Monthly Chart

This is the monthly chart of Vedanta Ltd.

• Here I have got that Stock has broken its Longterm Trendline.
• Volume from the Bottom is very Strong
• Presently Stock has given the entry Signal with Change of Polarity Retest and Reverse Divergence
• The last month Candle closed as hammer and this month candle has broken its Resistance .

Daily Chart

This is the Daily Chart of Vedanta Ltd

• Here we got that stock was  under consolidation  for about 3 Months
• Now its has broken its consolidation with Big candle and with Heavy Volume.

                  We are Expecting this stock will reach 310 to 320 level very soon .

The Charts posted here are for educational purpose only and it is not for any kind of marketing purposes or trading services.And you the Viewer are solely responsible for the profit or loss incurred during the trade.Note that we are not SEBI registered advisor,the blog is meant for Educational purpose only.

FEM Industries

Monthly Chart

In Monthly Chart we have seen that price has broken its resistance of 900 on June 2016. After breakout price made a rally of  1500s level. After a big rally it is under the consolidation of about 4 Months and got the support at 900s zone . Chart is showing that currently price has taken support from the Change of polarity line(C.I.P) and candle made as Hammer which means Bullish Price action. As you see the volume of Hammer candle is very high and above 30Months Average Volume.

Weekly

In Weekly Chart we have seen that price is moving in consolidation phase since 4 Months and Moving in a Wedge Pattern. Now its Broken its 4 Months Pattern with heavy volume and  Rsi becomes Oversold which means price is at climax .

We are targeting this will give the move till 1300s Level if crosses avove 1350 successfully then its next target will be 1650 level.

The Charts posted here are for educational purpose only and it is not for any kind of marketing purposes or trading services.And you the Viewer are solely responsible for the profit or loss incurred during the trade.Note that we are not SEBI registered advisor,the blog is meant for Educational purpose only.

Lakshmi Energy & Foods LTD

                    Lakshmi Energy & Foods LTD
               
Monthly Chart



In Monthly Chart we have seen that Price has been in Consolidation since 5 years and broken 5 Year Resistance of the level 48 for the 1st time and now price has coming to retest that Resistance become Support ans holding it. Volume of the stock is continously rising since 1 year as seen on the char that buying volume is larger than selling volume so that is a stong sign of bullishness. Also Chart is showing the RSI Divergence that is also the sign of bullishness.

Weekly Chart

In weekly chart we have seen that the price is holding Previous structure support and forming Hammer candle , Volume of buying keep on expanding after the break of Resistance area, Momemtum Indicator is indicating that the upper selling pressure is ended.


We are expecting this stock will outperform and reach our target of 95 in Few months.

The Charts posted here are for educational purpose only and it is not for any kind of marketing purposes or trading services.And you the Viewer are solely responsible for the profit or loss incurred during the trade.Note that we are not SEBI registered advisor,the blog is meant for Educational purpose only.