StocksMarket | Metals | Investment | Trading
  • Blog
  • Blog Archives
    • Opinion 2nd
    • Opinion by Ravi Chandra
  • Tutorials
  • Videos
  • Connect With Us
  • About Us
  • Contact Us
  • Disclaimer
    • Copyright
    • Privacy Policy

Kingfisher Airlines, Idea Cellular & TCS

23/10/2012

1 Comment

 
Technical view on Kingfisher Airlines with it's ongoing financial battle to survive, along with Idea Cellular & TCS which just announced earnings.

Kingfisher Airlines -
The stock touched a high of 17.2 and went through a number of days of being locked to the lower circuit. Some sideways movement has been recently seen. The question now arises - what will happen to the stock now?
Kingfisher has a strong resistance at 14.2 upon breaking which the stock will be able to see higher levels. Two critical lower stop-loss levels  are 8.5 and 7, if these levels are breached the up-move will not survive. For now the up-move is intact with the before mentioned stop-loss levels.
Kingfisher
Idea Cellular -
The long term chart shows that the stock has topped out sometime during Dec 2011 - Jan 2012 and slipped lower. Now we see the stock is trying to bottom out at these levels, but has yet to finish bottoming out. A medium term up move has begun & has taken support at 71.5. A major resistance has been established at 90.00, the stock could be held with a stop-loss at 76.00. The stock is yet to bottom out for a long term move but we see it establishing a bottom over the next few months and moving up if it holds the lower levels of 76 & 71.5.
Picture
TCS -
The long term charts have confirmed a bottom on TCS with major supports at 1286.5 and 1261. The stock price has signaled an up-move at 1286.5 and has a minor resistance at 1250 and a major resistance at 1440, upon breaching which the stock might see much higher levels. Present charts patterns indicate a good opportunity for investment over the long term.
Picture
1 Comment
Stock Tips link
26/11/2012 06:17:03 am

Hello There. I found your blog the usage of msn. This is a really smartly written article. I’ll be sure to bookmark it and come back to read more of your useful information. Thank you for the post. I’ll definitely return.

Reply

Your comment will be posted after it is approved.


Leave a Reply.

    Archives

    December 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    April 2013
    March 2013
    February 2013
    October 2012
    August 2012

    Categories

    All
    Alembic
    All
    Allstate Corp
    Allstate Corp (ALL)
    American
    American Markets
    American Stocks
    Apple Computers
    Bharti Airtel
    Boeing
    Bombay Dyeing
    Calls
    Charts
    Commodities
    Crude Oil
    Currency
    Currency Pair
    Djia
    Dow Jones Industrial Average
    Emc
    EMC (EMC)
    Forex
    Gail
    Gas Authority Of India Limited
    Gold
    Hotel Leela
    Index
    India
    Infosys
    Ing Vysya Bank
    Investment
    Jdsu
    Jds Uniphase
    Kalindee Rail Nirman
    Metals
    Nifty
    Nyse
    Picks
    Reliance Industries
    Resistance
    Silver
    Stock
    Stocks
    Support
    Suven Life Sciences
    Swaraj Engines
    Usdaud
    USD/AUD
    USD/EUR
    Usdinr
    Us Markets
    Video
    Wockhardt
    Youtube

    RSS Feed

Powered by Create your own unique website with customizable templates.