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WEEKLY UP TREND STOCKS Let the price move below Center Point or Level 2 and when it move back above Center Point or Level 2 then buy with whatever low registered below Center Point or Level 2 as the stop loss. After buying if the price moves to Level 3 or above then look to book profits as the opportunity arises. If the close is below Weekly Reversal Value then the trend will change from Up Trend to Down Trend. Check on Friday after 3.pm to confirm weekly reversal of the Up Trend.

Note: R1-(Resistance), R2- (Resistance), R3- Resistance, S1- Support & S2- Support

 
               

Weekly

Up

Scrip

Last

Relative

S1

S2

R1-

R2-

Reversal

Trend

Close

-

Strength

         

Value

Date

 

Weak

Demand

Demand

Supply

Supply

 
         

below

point

point

point

point

PIDILITE INDUSTRIES

1370.00

1332.0

1343.0

1359.0

1386.0

1429.0

69.7

1305.0

26-07-19

BERGER PAINTS INDIA

365.90

355.9

358.8

363.0

370.0

381.2

65.9

346.9

26-07-19

SANOFI INDIA

6297.00

6198.0

6200.3

6294.7

6391.3

6582.3

63.1

6181.0

28-06-19

ASIAN PAINTS

1597.00

1554.0

1567.3

1583.7

1613.3

1659.3

62.7

1560.5

19-07-19

VINATI ORGANICS

2105.00

2057.0

2059.7

2102.3

2147.7

2235.7

61.5

1953.8

09-08-19

*Note: Up and Down Trend are based of set of moving averages as reference point to define a trend. Close below averages is defined as down trend. Close above averages is defined as up trend. Volatility (Up/Down) within Down Trend can happen/ Volatility (Up/Down) within Up Trend can happen. Relative Strength (RS) is statistical indicator. Weekly Reversal is the value of the average.

WEEKLY DOWN TREND STOCKS Let the price move above Center Point or Level 3 and when it move back below Center Point or Level 3 then sell with whatever high registered above Center Point or Level 3 as the stop loss. After selling if the prices moves to Level 2 or below then look to cover short positions as the opportunity arises. If the close is above Weekly Reversal Value then the trend will change from Down Trend to Up Trend. Check on Friday after 3.pm to confirm weekly reversal of the Down Trend.

 

Note: R1-(Resistance), R2- (Resistance), R3- Resistance, S1- Support & S2- Support

 
               

Weekly

Down

Scrip

Last

Relative

S1

S2

R1-

R2-

Reversal

Trend

Close

-

Strength

         

Value

Date

 

Demand

Demand

Supply

Supply

Strong

 
         
   

point

point

point

point

above

 
     

MRPL (MANG.REF.& PET

50.60

45.2

49.1

51.6

53.0

54.0

22.31

53.34

05-07-19

NATIONAL ALUMINIUM C

41.25

34.9

39.2

41.5

43.5

43.7

22.56

43.69

05-07-19

GSFC (GUJ.STATE FERT

71.25

66.2

69.6

71.4

73.0

73.2

23.87

77.04

14-06-19

GNFC (GUJ.NAR.FER.CO

194.45

169.9

187.5

198.1

205.1

208.8

23.91

205.38

07-06-19

BHARAT FORGE

397.95

329.8

377.5

404.8

425.2

432.0

24.02

420.30

19-07-19

*Note: Up and Down Trend are based of set of moving averages as reference point to define a trend. Close below averages is defined as down trend. Close above averages is defined as up trend. Volatility (Up/Down) within Down Trend can happen/ Volatility (Up/Down) within Up Trend can happen.

BUY LIST

Note: R1-(Resistance), R2- (Resistance), R3- Resistance, S1- Support & WB- Weak Below

ABBOTT INDIA

9136.00

8986.68

8859.00

8731.32

8318.00

10068.7

53.42

Scrip

Last Close

S3

S2

S1

WB

R1

Monthly RS