Note: up and Down Trend Are Based of Set of Moving Averages As Reference Point to Define a Trend
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*Note: Up and Down Trend are based of set of moving averages as reference point to define a trend. Close below averages is defined as down trend. Close above averages is defined as up trend. Volatility (Up/Down) within Down Trend can happen/ Volatility (Up/Down) within Up Trend can happen. Relative Strength (RS) is statistical indicator. Weekly Reversal is the value of the average. WEEKLY UP TREND STOCKS Let the price move below Center Point or Level 2 and when it move back above Center Point or Level 2 then buy with whatever low registered below Center Point or Level 2 as the stop loss. After buying if the price moves to Level 3 or above then look to book profits as the opportunity arises. If the close is below Weekly Reversal Value then the trend will change from Up Trend to Down Trend. Check on Friday after 3.pm to confirm weekly reversal of the Up Trend. Note: R1-(Resistance), R2- (Resistance), R3- Resistance, S1- Support & S2- Support Weekly Up Scrip Last Relative S1 S2 - R1- R2- Reversal Trend Close Strength Value Date Weak Demand Demand Supply Supply below point point point point HINDUSTAN UNILEVER 2143.00 2098.0 2108.7 2132.3 2166.7 2224.7 72.1 2049.5 20-09-19 GLAXO SMITH.CONS.HEA 9066.00 8978.0 8992.0 9052.0 9126.0 9260.0 71.1 8729.8 20-09-19 HONEYWELL AUTOMATION 28751.00 28107.0 28166.0 28692.0 29277.0 30388.0 68.9 28455.5 30-08-19 MANAPPURAM FINANCE 164.20 154.8 156.2 162.8 170.8 185.4 68.5 147.9 13-09-19 MULTI COMMODITY EXCH 1139.00 1047.0 1057.4 1128.6 1210.1 1362.8 68.0 1036.4 11-10-19 *Note: Up and Down Trend are based of set of moving averages as reference point to define a trend. Close below averages is defined as down trend. Close above averages is defined as up trend. Volatility (Up/Down) within Down Trend can happen/ Volatility (Up/Down) within Up Trend can happen. Relative Strength (RS) is statistical indicator. Weekly Reversal is the value of the average. WEEKLY DOWN TREND STOCKS Let the price move above Center Point or Level 3 and when it move back below Center Point or Level 3 then sell with whatever high registered above Center Point or Level 3 as the stop loss. After selling if the prices moves to Level 2 or below then look to cover short positions as the opportunity arises. If the close is above Weekly Reversal Value then the trend will change from Down Trend to Up Trend. Check on Friday after 3.pm to confirm weekly reversal of the Down Trend. Note: R1-(Resistance), R2- (Resistance), R3- Resistance, S1- Support & S2- Support Weekly Down Scrip Last Relative S1 S2 - R1- R2- Reversal Trend Close Strength Value Date Demand Demand Supply Supply Strong point point point point above CYIENT LIMITED 403.25 331.2 383.8 416.9 436.4 450.0 26.61 441.15 18-10-19 OMAXE 186.45 166.8 180.9 189.4 195.0 198.0 27.43 188.24 02-08-19 BHARTI INFRATEL 216.95 146.2 198.5 232.2 250.7 266.0 27.66 245.72 25-10-19 FUTURE CONSUMER LTD 22.85 18.5 21.5 23.1 24.5 24.7 30.04 24.16 04-10-19 CUMMINS INDIA 541.25 461.5 519.1 554.7 576.8 590.2 31.15 560.34 25-10-19 *Note: Up and Down Trend are based of set of moving averages as reference point to define a trend. Close below averages is defined as down trend. Close above averages is defined as up trend. Volatility (Up/Down) within Down Trend can happen/ Volatility (Up/Down) within Up Trend can happen. BUY LIST Note: R1-(Resistance), R2- (Resistance), R3- Resistance, S1- Support & WB- Weak Below Scrip Last Close S3 S2 S1 WB R1 Monthly RS ICICI BANK 469.10 448.12 441.15 434.18 411.60 507.2 59.65 INDRAPRASTHA GAS 377.35 367.68 362.95 358.22 342.90 407.8 55.53 GILLETE INDIA 7862.00 7660.05 7536.50 7412.95 7013.00 8707.1 52.18 *Note: Up and Down Trend are based of set of moving averages as reference point to define a trend. Close below averages is defined as down trend. Close above averages is defined as up trend. Volatility (Up/Down) within Down Trend can happen/ Volatility (Up/Down) within Up Trend can happen. EXIT LIST Note: R1- (Resistance), R2- (Resistance), R3- Resistance, S1- Support & SA- Strong Above Scrip Last Close R1 R2 R3 SA S1 Monthly RS INFOSYS 637.00 694.46 719.00 743.54 823.00 486.5 33.77 PIDILITE INDUSTRIES 1339.00 1355.76 1377.00 1398.24 1467.00 1175.8 46.12 MERCK 4406.00 4475.08 4527.00 4578.92 4747.00 4035.1 46.15 GODREJ PROPERTY 974.70 985.04 998.15 1011.26 1053.70 873.9 48.76 INDIGO 1467.90 1618.56 1669.85 1721.14 1887.20 1183.9 49.04 KOTAK MAHINDRA BANK 1588.00 1590.49 1603.00 1615.51 1656.00 1484.5 49.29 .