Mcleod Russel - Point & Figure Analysis

Long term Chart - 5% x 3 Rev Chart 



Mid term Chart - 1% x 3 Rev Chart




Short term Chart - 0.25% x 3 Rev Chart


Looks very Good on Double Top BUY positional for Target of 240.


Happy Investing and Happy Trading!!!

Yogi

ADANI PORT & SEZ Multiframe Technical Study - June 2016

Monthly Chart - 

* Price Slide down after breakdown and making new high in 2015
* Currently Price tested the previous breakout level and support zone
* Support zone is between 100 - 170 level
* As per Elliott wave, Previous complete upmove is Zigzag pattern of ABC wave of B wave of higher timeframe.
* Currently Down move is in C wave of higher timeframe.
* RSI is showing type2 positive Divergence after Hidden PD....
* Also Monthly RSI testing the 40 level of 80-40 bullish range.



Weekly Chart - 


* After Making Low of 180.55, Price showing some strength and inching Northward slightly since 2 weeks.
* Any fall will be buying opportunity for the target of 250 in coming 2 months.



Daily Chart - 



* As per above weekly chart, We are Flat correction pattern as ABC, but as per Neowave, price is not fulfilled the reversal condition and Hence this could be the part of previous downmove correction.
* Further Price movement will confirm the reversal Pattern

Adani Port: - Post Analysis Study

Due to time constraint, couldn't update the post daily for every analysis... One good post which was pending to update since long time... which we identify for Option Strangle setup on 3 May which was work very well.. .

Setup Study -

* Triangle Pattern on chart and Hence Break can expect on either  side of the triangle which side don't know?
* Hence decided to play with Option strangle as volatility was expected due to result on next day.
* Selected the Strike price as per below

Anticipated and Happened : -

 26 May 2016

See the result chart and Profit Potential of Strangle Option Trade -

The Byke Hospitality - Probable Consolidation Breakout for new High

For the year ending March 2016, The Byke Hospitality has declared an equity dividend of 10.00% amounting to Rs 1 per share. 

The company has a good dividend track report and has consistently declared dividends for the last 6 years.

Divident Payout History - 

Monthly Chart - 

Weekly Chart - 

Daily Chart - 

* Stock was in the sideways correction was almost more than 2 years, 

* Currently Triangle like pattern breakout seen with announcement of 10% dividend.

* Technically, Flat pattern resistance may faced on top near 180 level.

* Breakout of this level will give range breakout for the year and we may good upside target. 

* Keep Watch!!!

V-Guard - Price Volume Breakout - investment Stock

Weekly Chart -

* Break out after 14 month of healthy Correction with good Volume and made new new yearly High

Daily Chart -

* On 5-May Price jumped with Gap-up Opening after the result declaration,
* Price is sustaining near resistance
* GAP will be act as good support
* Accumulate this stock on every fall till 1050 and hold for longer term for good price appreciation

ACC - Follow-up update after 3 April

Click Here see All Previous Post of - ACC


Please find the latest follow up on ACC

It is in strong uptrend and will continue to follow..
Only BUY on dips .... That all!!!

JSW Steel - Long Strangle - Option Strategy for June month

Monthly Chart - 





Daily Chart - 



Historical Volatility - 



Option Open Interest for Jun Expiry - 



Trade Strategy -