INDIAN STOCK MARKETS-CHARTS

5-Yr WEEKLY CHARTS

STOCK SPECIFIC ACTION: TRADING DURING

The WEEK 11^th  to 15^th Sep-17

GLOBAL ACTION-WEEKLY:

CLOSING TO CLOSING (FRIDAY TO FRIDAY): 

USA- DOW 21832 to 22262 (+430) NASDAQ: 6368 to 6449 (+81)

EUROPE-DAX:12304 to12519(+215), FTSE: 7377 to 7215 (-162)

JAPAN- NIKKEI: 19264 to 19910 (+636)

HONG KONG-HANGSENG: 27668 to 27807 (+139)

POSTIVE MOVES DURING THE WEEK:

NIFTY : 9935-10085 (+150)

BANK- NIFTY : 31687 – 32273 (+586)

PHARMA COUNTERS:

DIVIS LABS: +22.8%, IPCA LABS+23.1%, SPARC+13.35%, MARKSANS PHARMA: +12.85%, NATCO PHARMA +11.6%, SUNPHARMA: +11%, STAR+ 7.85%, PEL+ 7%,

PSU BANKS: ANDHRA BANK: +16%, SYNDICATE BANK: + BANK BARODA +6.1%, BANK OF INDIA: +9.3%, ALBK: +7.35%, OBC: +7.2%, IDFC BANK: +7%, UNION BANK: 4.73%, CANBANK: 4.7%, PNB :+4.7%

NEGATIVE MOVES DURING THE WEEK:

JP ASSOCIATES:-23%; UNITECH-5%; HDIL: 6%; RCOM: - 7.5%; SCI: -6.00%; SREINFRA: -6.1%; WIPRO : -5%; CYIENT : -5%; EQITAS:-6.0% , UJJIVAN -4.66%; J&k BANK:-4.0%; M&M Fin: -3.3%;  LIC Fin: -2.0%

POSSIBLE FUTURE ACTION: 

6 MONTHS DAILY CHARTS

MARKETS ARE LIKELY TOUCH NEW HIGHS ABOVE 10138,  NOW 37 POINTS FALL SHORT THE HISTORIC HIGHS.

NIFTY: RESISTANCES are @ 10135, 10239 and 10359

    SUPPORTS are @ 10035, 9926, and 9880

TATASTEEL: RESISTANCES are @ 699, and 731

            SUPPORTS are @ 651, 641 and 626 (crucial)

VEDL: RESISTANCES are @ 938, and 946

  SUPPORTS are @ 309, and 293.6 (crucial)

HINDALCO: RESISTANCES are @ 258, 263

           SUPPORTS are @ 242, 234 and 226 (crucial)

JSWSTEEL: RESISTANCES are @ 269-272 and 281-85

          SUPPORTS are @ 251.6, and 236 (crucial)

Weekly Closing Avg: Sep-11 to 15*9/4 to 8*9/28 to1*9/24 to 21*Aug

W-Avg: 249.8/246.5/235.6/229.8; HINDALCO- SEP- SERIES AVG: 247.0

W-Avg: 678.6/654.3/639.6/629.0; TATASTEEL- SEP- SERIES AVG: 664.0

W-Avg: 326.6/322.4/306.1/397.2; VEDL - SEP- SEP- SERIES AVG: 322.0

W-Avg: 267.2/261.2/252.6/238.3; JSW Stl - SEP- SERIES AVG: 263.0

12 MONTHS DAILY CHARTS

Thanks to chartink

IMPORTANT DISCLAIMER: 

STOCK TRADING LOOKS EASY AND REWARDING BUT ACTUALLY A HIGH-RISK VENTURE AND TRADERS ARE MOST TO LOSE, DEMANDS CALM MIND AND PSYCHOLOGICAL BALANCE. 

IT IS A CHALLENGING JOB DUE TO PRECISION IN TIMING AND LIMITED CAPITAL AVAILABLE WITH RETAIL TRADERS.

SO ALWAYS CONSULT YOUR EXPERT ADVISOR AND NEVER FORGET TO MAKE YOUR STUDY TO GET SUCCESS.

NOT TO DISCOURAGE ANY ANTHUSIAST BUT REQUEST TO DEDICATE REASONABLE TIME & ENERGY TO EMPOWER THOSE MOST REQUIRED QUALITIES TO BUILD WEALTH CREATION FROM MARKETS.

SEASONED PARTICIPATS RECOGNISE THE MOVE BUT FEAR OF FAILURE WITH HOLDS FROM TAKING POSITIONS. THE NOVICE JUMP TO GRAB THE FLUCTUATIONS AND GET TRAPPED AND PAY THE PRICE TO GAIN THAT EXPERIENCE.