Piramal Health: On long term support.

Here is the Piramal Health. This stock looks on a long term trendline support.

Damn this stock if takes supports here, its headed to the moon.

These studies are based on technical analysis and the author nor the webpage shall be responsible for the profits or losses. The author may or may not have personal holding. We are all students

RNRL: At Crossroads

Today, posting on RNRL. Interesting chart. Markets been all belly up and stuff, but this baby is tanking and crashing. When market goes up, this one goes sideways. When market falls, this one goes to dust.

Refer Chart for comments and target"
CMP: 72.10
Upside: 80-90-110
Break of Support line 2: could take stock to 60 and possible test Trendline 2 and Trendline 3

This is not recommendation. Rather studies based on technical analysis. Take your own trading call. Use Stop loss..

Stock Ideas: ZEEL, SUZLON

ZEEL: Zee Limited
Flag Breakout:

05-Nov-09	225
17-Nov-09	274
Distance	49
Consolidation:
Start	18-Nov-09
End	21-Dec-09
BO Day	21-Dec-09
CMP	267
Tgt	310
SL	251

 Today Volume was also higher than last 24 days

Pivot Points

SUZLON: Continues in Upward Trajectory: CMP: 84.25

Suzlon is going great guns. The stock has broken out of its downward channel, and there is rather falling complex sort of HnS pattern on the chart, which has 110+ target on stock. Today stock made high at daily 89 SMA level, and it is at major EMA contraction zone. The 50 day SMA is at 76.909

I am long in this stock since price of Rs. 79, now SL moved to 79. Pivot Points on chart

Disclaimer:

These studies are based on technical analysis and the author nor the webpage shall be responsible for the profits or losses. The author may or may not have personal holding.
We are all students

DISHTV

DISHTV:
Today Dishtv made a high touching the 89 SMA at 42.67. The stock has broken its rising trendline starting from 3 Nov 2009 to 27 Nov 2009, which got broken on 15 Dec 2009.

DISHTV: EOD CHART Closeup:

However, the follow-up candle on 16 Dec was major bullish candle opening at 38.9 and stock today making a high of 42.6. However, the stock has not broken the trendline and stil looks in downtrend. This stock has a major falling candle (refer long term chart) which would be difficult to break. In case that is broken, can propel the stock to newer highs.


Long term Trendline chart:

Verdict: Plannin to go long above 44, would not mind adding some units here, but small quantity..Watch the below Pivot points for support and resistance:

Levels	Monthly	Weekly
R2	53.28	43.98
R1	46.42	42.17
P	39.13	40.53
S1	32.27	38.72
S2	24.98	37.08

Disclaimer: These studies are based on technical analysis and the author nor the webpage shall be responsible for the profits or losses. The author may or may not have personal holding.
We are all students