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ANSAL HOUSING

Discussion in 'Technical Analysis' started by raja_praveen, Apr 17, 2017.

  1. raja_praveen

    raja_praveen Champion

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    ANSAL HOUSING CMP 29.6 MAY TEST 30.6/31.2/32
     
    raja_praveen, Apr 17, 2017
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  2. antony_revinson

    antony_revinson Member

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    antony_revinson, Apr 17, 2017
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  3. antony_revinson

    antony_revinson Member

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    We all like to know what strategy you applied to pick this stock and defined the target, it is so accurate, how did you made it? Please share your theorem.

    Sent from my Redmi 3S using DIY Technical Analysis mobile app
     
    antony_revinson, Apr 17, 2017
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  4. raja_praveen

    raja_praveen Champion

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    @antony_revinson Ji Thanks for going by this thread and leaving your valuable comments , Truly it meant a lot to me.
    We all like to know what strategy you applied to pick this stock
    Just watch the chart pasted here , anyone can identify & conclude the stock is putting some effort to cross the previous high values @ 26 made in Feb and again last week there is clearly a price breakout . Actually We missed 1st breakout as I haven't noticed >>
    Stock is making new highs and it surpassed a major level 28 made on nov2016 last week + check the volumes now. (marked in red) >> The volumes r increasing>> shows clearly investors participation..
    After crossing 28 levels the stock had a pull back and taken the breakout line as support. ( this is very strong indication that the stock will spurt)>>If the support was lost then the stock would have been easily 24-22 today ., from where the rally started. So i have spotted and expected that the stock may reach our expectation. TO our surprise ., it reached today itself :)
    it is so accurate = volume +breakout is DEADLY combination.
    Fundamentals :- Observing all the housing stocks are putting a good show like PNB housing/canfinhomes/REPCO (i forgot to post repco call in forum) etc.So thought that Ansal would be a goodbet.
    defined the target = normally I give 2-3% calculations from CMP and so on.
    I may be unable to explain clearly but please try to understand by studying daily some5-10 charts you will know

    Final Note == Catch the stocks putting effort to rise == Obviously that stock put effort to raise our capital.==

    Wanted to thank all the members in DIYT.
    special thanks to @ganeshc89 for sharing his valuable insights selflessly & @shabbir Ji for creating a platform ,encouraging and allowing to post the IDEAs & @nirajshah ji for his best comments.

    DIYT is truly inspiring from bottom of my heart.. I changed a lot in my trading style.
    Observed DIYT is growing fastly these days.let the admins confirm it. Thankyou.
    ANSAL.png
     
    raja_praveen, Apr 17, 2017
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  5. antony_revinson

    antony_revinson Member

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    antony_revinson, Apr 18, 2017
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  6. ganeshc89

    ganeshc89 Builder

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    So this is break out technique nice raja ji..
     
    ganeshc89, Apr 18, 2017
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