Gitanjali Gems - Target 55 possible???

Price is god in market.  No doubt. But Same price cannot rule again and again. There are So many sentiment meter as market thinks. But stock market guys generally consider past price movements at Same levels and expect exactly Same thing to happen. Means if stock is rising steep. Experts expect 52 week high as target or any nearby high as target. Same for Gitanjali Gems. Right now It is trading near 45. And people were expecting 55 to come soon because It has came in past. But after applying few Daily Moving averages over chart, I found out that 100 DMA is a good resistance and it's gonna be a big hurdle for stock to cross even 50. Chart should tell you what's going on around

Coal India limited at right time

It's a Coal India 5 minutes chart when one of my friend asked me a short term view on It. So I set the candlestick chart to 5 minutes and observed that current level is a good support. So I put a horizontal line for viewers to confirm that stock is bouncing back from support and soon will b crossing 390/395 from 385 levels. And yes. Within 3 hours, stock made day high of 395.7 and closed at 392++. Chart was crystal clear to make trade on It. For further potential, new chart will be posted soon with analysis. But following was the result after spotting stock. Its called grabbing opportunity at perfect time.

Birthday bite

I m glad to start this blog on my Birthday and will b writing daily on my learning's in capital market. it's my observation that people are very much keen about asking for tips for trading in stock market. But even after getting tips people wont get that success as per expected. So here I will b posting my tips with some study behind It So that traders trading on my tips will find It comfortable to make their own entry exit point if They are convinced about analysis. I have been practicing charting from few months and after getting positive feedback from people, I have decided to go blogging. Hope you guys will not just get ready made fish but will learn to earn fish with my analysis behind calls.




Disclaimer: I am an independent trader and I may or may not trade on calls I generate. The sole purpose of blog is learning and author is not responsible for loss made on trades executed on calls generated here. So take your own trade decision wisely