Friday, November 11, 2011

EagleEYEAnalysis:GOLD 4hrs Chart (Preempting H&S Pattern)

EagleEYEAnalysis:GOLD 4hrs Chart (Preempting H&S Pattern)

 

Thursday, November 10, 2011

EagleEyeAnalysis:ADANIPOWER :Support Broken

Wednesday, November 9, 2011

Tuesday, November 8, 2011

EagleEyeAnalysisStock:DOW Futures 4hrs Chart (Resistance Breakout)

EagleEyeAnalysisStock:DOW Futures 4hrs Chart (Resistance Breakout)
DowFut @ 12040
Next Resistance Around 12150/12165 Support 11985

Trade with stop loss only

Friday, November 4, 2011

EagleEyeAnalysisStock : BHARTIARTL (Resistance Breakout with good volumes)

EagleEyeAnalysisStock:BHARTIARTL Daily Chart (Resistance Breakout with good volumes)
BHARTIARTL @ 396
Next Resistance Around 415/420 Support 388

Trade with stop loss only

Thursday, November 3, 2011

EagleEyeAnalysisStock:DOW Futures 4hrs Chart (Resistance Breakout)

EagleEyeAnalysisStock:DOW Futures 4hrs Chart (Resistance Breakout)
DowFut @ 11850
Next Resistance Around 12000/12050 Support 11780

Trade with stop loss only

EagleEyeAnalysisStock:TATAPOWER Upward breakout with good Volumes.

EagleEyeAnalysisStock:TATAPOWER Upward breakout with good Volumes.
BUY TATAPOWER @ 104 with strict stoploss of 99 for target price 113 / 118

EagleEyeAnalysisStock:PFC Double Bottom Pattern

EagleEyeAnalysisStock:PFC Double Bottom Pattern
PFC @ 167
Daily chart of PFC stock formed a double bottom after a big price decline.
Currently stock price trading above the high which formed between the lows with support of good volumes as well as nearing the interim resistance (slopping trend line) i.e. around 170. Current price is above 10-20sma. RSI is in positive mode.MACD is in BUY mode.Once stock price clear and sustain above the 170 levels the up move will continue where the next resistance seen around 200/205 on lower side support expected around 155 levels.

Wednesday, November 2, 2011

EagleEyeTechnicalAnalysis:RECLTD


 RECLTD @ 187
Breakout from resistance trend line
From the above chart of REC LTD has breakout from the resistance trend line with support of good volumes as well trading above 10-20sma. The upmove will continue where the next resistance(target) is expected around 215/220 , on lower side support expected around 175.