HOW TO TRADE STOCK MARKET WITH SUCH TEHNICAL PRECISON

Last weekend when Most of people were bearish on the market and stocks we came with a view that we'll see sharp bounce next week and banks will lead the rally
Lets See What happened this week , Banks lead the rally and outperformed most of the Indices , Sharing one chart posted last weekend and one latest chart ...You'll understand the beauty of technical analysis , So Simple Yet so complicated ;-)

BELOW IS OUR MAIL SEND LAST WEEKEND AND HOW IT REACTED THIS WEEK --LETS HAVE A CHECK  SEE HOW TRENDZOFMARKET AND OUR SUBSCRIBERS ARE CLEAR WINNERS

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---------- Forwarded message ----------
From: MARKET TRENDZ <trendzofmarket@gmail.com>
Date: Mon, Jul 14, 2014 at 9:58 AM
Subject: MARKET POST BUDGET

Let me get this clear first that bears won't like this market view at all , Those went short last week made huge gains and those who tried to buy the dip ahead of big event(budget) burnt fingers , Those who went Long & did'nt follow any SL got into much bigger mess with huge M2M loss I suppose !!

As we'r in a bull mkt , buying the dip makes sense to me (as this has been working since last 8-10 months) , Most of the major indices are at imp supports , only Banks are showing much more weakness then other sector stocks , Some PSU banks are down 25% from recent tops (buying opportunity ?)

Lets look into charts of Major Indices for a clear view
NIFTY at Important support zone

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LETS HAVE CHECK WAT HAPPENED TO NIFTY​ THIS WEEK

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BANK NIFTY at Important gap Support

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​LETS HAVE A CHECK  WHAT HAPPENED​ TO BANK NIFTY

​ THIS WEEK​

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CNX PSU BANK INDEX : Ripe for 10% quick Bounce

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​​LETS HAVE A CHECK  WHAT HAPPENED​ TO PSU BANKEX

​ THIS WEEK​

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Midcap Index Nearing 50 dema support

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​​LETS HAVE A CHECK  WHAT HAPPENED​ TO MIDCAP INDEX

​ THIS WEEK​

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Cnx Smallcap Index : Nearing 50 dema support

​​LETS HAVE A CHECK  WHAT HAPPENED​ TO SMALL CAP INDEX

​ THIS WEEK​

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SMALL CAP BET:SONATA SOFTWARE

Sonata Software – Interesting Small Cap IT company

 

Technically the stock was facing a lot of resistance around 30 for last many months and with 3-4 attempts.

Today the stock has finally crossed above 30-31 band and seems headed to 35 in the short term and maybe even towards 45.
The dividend yield also is pretty interesting and a decent history too.