Weekly Uptrend

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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
PIDILITE INDUSTRIES 1370.00 1332.0 1343.0 1359.0 1386.0 1429.0 69.7 1305.0 26-07-19
BERGER PAINTS INDIA 365.90 355.9 358.8 363.0 370.0 381.2 65.9 346.9 26-07-19
SANOFI INDIA 6297.00 6198.0 6200.3 6294.7 6391.3 6582.3 63.1 6181.0 28-06-19
ASIAN PAINTS 1597.00 1554.0 1567.3 1583.7 1613.3 1659.3 62.7 1560.5 19-07-19
VINATI ORGANICS 2105.00 2057.0 2059.7 2102.3 2147.7 2235.7 61.5 1953.8 09-08-19

*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
MRPL (MANG.REF.& PET 50.60 45.2 49.1 51.6 53.0 54.0 22.31 53.34 05-07-19
NATIONAL ALUMINIUM C 41.25 34.9 39.2 41.5 43.5 43.7 22.56 43.69 05-07-19
GSFC (GUJ.STATE FERT 71.25 66.2 69.6 71.4 73.0 73.2 23.87 77.04 14-06-19
GNFC (GUJ.NAR.FER.CO 194.45 169.9 187.5 198.1 205.1 208.8 23.91 205.38 07-06-19
BHARAT FORGE 397.95 329.8 377.5 404.8 425.2 432.0 24.02 420.30 19-07-19

*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

ABBOTT INDIA 9136.00 8986.68 8859.00 8731.32 8318.00 10068.7 53.42

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