Technical View:: Nifty, Tata coffee & Praj Industries

Quotes with Resistance & Support

Market Information

Technical View:: Nifty, Tata coffee & Praj Industries

Posted on: November 15th, 2014 at 9:35 am

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Nifty: Nifty is in a long term uptrend. Technically faces strong resistance at 8420 levels. if manages to cross it, can head upto 8500. On the downside below 8280, can test 8150 levels.

nifty_daily_14-11-20141

Tata Coffee: Tata coffee in a downtrend as of now. Recently has been finding some support in the 900-925 levels. If manages to cross resistance at 960, it can head upto 1020 levels. On the downside below 900 can test 850.

tatacoffee_daily_14-11-2014

Praj Industries: Praj Industries has given a good breakout above 70 levels. Can head upto 80-82 in near term. Has good support at 68-70.

prajind_daily_14-11-2014

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44 Responses

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Comment pages: 12 3 Show all

Rahul Kumar Sinha Says:
November 16th, 2014
Posted at: 11:33 pm
Hi CB sir,
Can i buy Praj for a target of 80 next week with a stop loss of 68?
what about tata coffee?
CB Says:
November 17th, 2014
Posted at: 7:42 am
Hi Rahul Kumar Sinha, can add few at cmp with sl near 68
msbhash Says:
November 17th, 2014
Posted at: 7:27 pm
PRAJ: today not much movement but volumes are good.if market takes positive trajectory tomorrow then may touch 77 hold on...
Rahul Kumar Sinha Says:
November 17th, 2014
Posted at: 9:41 pm
Thanks CB.what's your view on entering Bajaj electricals at CMP?can we enter with a six month view.If yes,then what target and stop loss to be followed?
CB Says:
November 17th, 2014
Posted at: 10:07 pm
Hi Rahul Kumar Sinha, its going weak technically. best to avoid for now
Hi msbhash, yes. its a good short term bet.
Rahul Kumar Sinha Says:
November 18th, 2014
Posted at: 6:47 pm
Hi.as per your recommendation can we enter tata coffee now?
CB Says:
November 18th, 2014
Posted at: 7:03 pm
Hi Rahul Kumar Sinha, yes.
Rahul Kumar Sinha Says:
November 18th, 2014
Posted at: 7:23 pm
thanks!teach me technical analysis sir:).I also want to be an expert in trading and investing like you.Big fan of yours.though i do not trade daily but atleast i learn a lot from the discussions here
Rahul Kumar Sinha Says:
November 18th, 2014
Posted at: 7:26 pm
IDFC looks quiet interesting these days.I want to be invested in this for long.Would you advise buying some more for 40 50 percent returns in an year or two?
CB Says:
November 18th, 2014
Posted at: 7:59 pm
Hi Rahul Kumar Sinha, thanks for your kind comments. sure, would be glad to help.yes, idfc does look good. likely to do well
Rahul Kumar Sinha Says:
November 18th, 2014
Posted at: 9:17 pm
can you help me with some beginner's guide for technical chart analysis and learning the art of investing and trading?My email id is [email protected].
Thanks in advance!
Regards
Rahul
CB Says:
November 18th, 2014
Posted at: 9:57 pm
Hi Rahul Kumar Sinha, sure, shall email.