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Friday, February 27, 2015

Efoods Holding on!! 27thfeb 2015

Closed 129.19, just above 129 which is the the downward window support. 

Wednesday, February 25, 2015

Tuesday, February 3, 2015

Hum Network 03th February 2015


















Isnt it a lovely cup and handle for a perfect coffee?
Just closed above the resistance of 18 with good volumes, lets see if it will sustain to achieve target of 22. 

Thursday, January 22, 2015

HINOPAK Cup And Handle Formation (continuation pattern)


Daily chart of hinopak motors. the left side of the cup made a high of 1000, support came at 800 and again tested 1000 recently forming right cup but failed forming a perfect cup. A pull back was witnessed today which is forming the handle which should be the final consolidation before the breakout of 1000.

Breakout of 1000 if achieved with good/substantial volumes will result in the script move towards 1200 which is the distance from the bottom of the cup to the high of right side of the cup.