Thursday, 15 August 2013

TATA MOT DVR CAN TEST 175-190 IN SHORT TERM

Reco Tata mot dvr fut as a buy FOR PAID CLEINTSon wednesday @ 144 & Stock did 152 intraday ( lot 2000) PROFIT 16000 RS

AS OF NOW AS US MARKET IS TRADING 200 POINT DOWN CAN EXPECT TATA MOTORS TO START WITH A GAP DOWN WHICH WILL PRESENT US ANOTHER EXCELLENT BUYING OPPORTUNITY
 

Lets look at the Technical Reason behind the buy call

 

HOW'S TATA MOT LOOKING TECHNICALLY ??

 

Clearly , Tata Mot is nearing its all time highs @ 337-40 ...but its dvr is 25% away from its all time high of 190 , so there may be a case of catching up with original share price & Dvr might move more than Tata mot from now on !!


Hope you find this post useful , plz forward it to your friends 

SHORT TERM BUY GLENMARK PHARMA

This Stock has been my Favourite Pick over the Years & I've been recommending it on Regular basis

HAVE RECOMMEND IT WHILE IT WAS TRADING AT 170 2 YEAR BACK AGIAN AT 300 LEVELS AND 420 LEVELS 

NOW AGAIN IAM GIVING A FRESH BUY CALL ON THE STOCK

Buy Glenmark @ 530-20 SL below 505 Possible Tgt 620-650 

 
 

S&P500 is make or break level=1685?

Why 1685 on S&P500 is make or break level?

 

 

 

Today is going to be interesting day on US markets. Everyone will be watching just one level i.e. 1685. Here’s why

Have a Look at last 19 trading days: Watch the Support
 
As you can see in the chart above: S&P500 has maintained its head above 1685 since last 19 trading days. Yesterday, market closed with weakness just at 1685. Hence, any follow through weakness today will breach that level. But will Bulls give up so easily.
US market flat in August
US market has gone nowhere in August but look at global markets in August: Most of them have made impressive comeback -
Brazil: 6.1%
China: 5.3%
Mexico: 4.0%
Germany: 1.9%

Decisive breakdown below 1685 will set the market for decline to 50 day moving average which stands at 1655. At the time of writing this post – Futures were sharply lower. So, lets see what happens