Technical view by Nooresh on Sensex/Stocks/Commodities |
- Wockhardt – Breakout with Volumes. Short Term Trade Idea
- Hang Seng – On verge of a 5 year range breakout.
- Hang Seng – On verge of a 5 year range breakout.
| Wockhardt – Breakout with Volumes. Short Term Trade Idea Posted: 22 Jul 2014 10:56 AM PDT
Wockhardt Technical View
-> After a few bottoms at 550 the stock has given a price/volume breakout today. -> Momentum should further pick up above 655 levels. -> Can expect a move to 750 + in short term. Stoploss 610.
Disclosure : Recommended to clients today around 640 levels. In Technical Trades and QuickGains Newsletter
TECHNICAL ANALYSIS TRAINING MUMBAI – AUGUST 2-3
For details about the program check http://www.nooreshtech.co.in/technical-analysis-training To register yourself call us – Nooresh 09819225396 Ankit 9899899989 ( after market hours ) Thanks and Regards, Nooresh Merani www.analyseindia.com Twitter – https://twitter.com/nooreshtech Facebook – https://www.facebook.com/nooreshtech Wockhardt – Breakout with Volumes. Short Term Trade Idea is a post from: Technical view by Nooresh |
| Hang Seng – On verge of a 5 year range breakout. Posted: 21 Jul 2014 11:20 PM PDT Until Indian Elections the Hang Seng chart was very similar to our Nifty with multiple tops around the 24k market similar to the 6300-6400 mark on Nifty.
Nifty did breakout and now Hang Seng is on verge of a similar breakout.
Do check this earlier report on Indian Elections – Do they change market trends
Hang Seng Technical Chart
-> Its crossed a 6 month high of 23600 -> The last major top is at 24111 in the last 1 year. A breakout beyond that would imply a 4-5 year range breakout. It can also be termed as a triangle which will have pretty big targets on confirmation. -> This can lead to a spike of 5-8% in short term and eventually towards the highs of 2007-2008.
Similarly Taiwan which already gave a breakout before is about to catch further momentum
TECHNICAL ANALYSIS TRAINING MUMBAI – AUGUST 2-3
For details about the program check http://www.nooreshtech.co.in/technical-analysis-training To register yourself call us – Nooresh 09819225396 Ankit 9899899989 ( after market hours ) Thanks and Regards, Nooresh Merani www.analyseindia.com Twitter – https://twitter.com/nooreshtech Facebook – https://www.facebook.com/nooreshtech Hang Seng – On verge of a 5 year range breakout. is a post from: Technical view by Nooresh |
| Hang Seng – On verge of a 5 year range breakout. Posted: 21 Jul 2014 11:15 PM PDT Until Indian Elections the Hang Seng chart was very similar to our Nifty with multiple tops around the 24k market similar to the 6300-6400 mark on Nifty.
Nifty did breakout and now Hang Seng is on verge of a similar breakout.
Do check this earlier report on Indian Elections – Do they change market trends
Hang Seng Technical Chart
-> Its crossed a 6 month high of 23600 -> The last major top is at 24111 in the last 1 year. A breakout beyond that would imply a 4-5 year range breakout. It can also be termed as a triangle which will have pretty big targets on confirmation. -> This can lead to a spike of 5-8% in short term and eventually towards the highs of 2007-2008.
Similarly Taiwan which already gave a breakout before is about to catch further momentum
TECHNICAL ANALYSIS TRAINING MUMBAI – AUGUST 2-3
For details about the program check http://www.nooreshtech.co.in/technical-analysis-training To register yourself call us – Nooresh 09819225396 Ankit 9899899989 ( after market hours ) Thanks and Regards, Nooresh Merani www.analyseindia.com Twitter – https://twitter.com/nooreshtech Facebook – https://www.facebook.com/nooreshtech Hang Seng – On verge of a 5 year range breakout. is a post from: Technical view by Nooresh |
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