Wolves are waiting to pounce on tata global beware.

Traders are like wolves they wait for their prey to get tired and when there is opportunity they pounce and have their flesh. The same looks true for Tata global. It has clearly broken its 135 support level and in between there is not support level until it reaches 122 to 125. But this range of 122 to 125 is a great great support. below is the chart for the same

Second also if you see the above chart the volumes are decreasing indicating bull are not willing to sell at ower levels.

So i think wolfs are watching to make buy on those levels and then ride one 15 rs more for decent profit. So our suggestion is hunt with the wolfs.

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Stay away from DLF - Last warning signals?.

When a stock goes down and down and down... and it breaks every support level , its a sign of a falling knife. I have never seen a falling knife stopping in the sky , it falls and hits for sure on the ground.

DLF has broken its every support level till now and the final nail on the coffin  is  that its moving speedily to break its all time low. We have seen people love stocks and when they fall in love with a specific stock they get emotionally attached and do not move out.Its a clear signal stay away and move out. Look at new stocks , take fresh positions with proper thought and earn you losses back.

Below is the chart of DLF all time low... We expect levels of 100 till this year end.

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Is Nifty following Kicker pattern (Nifty support levels for 17 june 2013) ?

When a human says "So much worst has happened in life and what more can happen ?" , indicates that he is so tired of his negative thoughts that he now wants to be positive. The same sentiments was reflected in the friday trade of Nifty.If we see nifty some weeks back  it was in a severe down trend with every open value below the previous closing value. But on friday investor refused that severe -ve trend and clearly the bull have said enough is enough and its time to make a reversal.

If you look at the image below there is clear severe down trend followed by a gap up green chart on friday. This pattern is clearly a sign of a kicker. Kicker pattern normally indicate reverse sentiments of investors.  So are we ready for nice short term bull run in the coming week....Enjoy long positions.

Also the RSI reversal is indicating that this is having great momentum

Also this makes the kicker pattern more relevant because its happening at the support level.

So level for nifty Level in the comning 2 weeks Level 1 :- 5950 ,Level 2 :- 6100

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