Ramesh Damani's Lessons For Successful Trading

Bank Of Baroda

                                                                                BOB daily chart

Stock is in sideways trend  since 2010 and now waiting for breakout. 

Coal India

                                                                         Coal India daily chart

Beaten down stock of Coal India looks attractive as per charts. 

Electrosteel Casting Ltd

                                                               daily chart


Chart shows stock is beaten down but has an upside potential. It is impossible to time the market but stock may have an upside in coming weeks if not in months. Traders should be cautious as the overall trend is sideways with bearish bias. Stop loss below 17 recommended.

Welspun Corp

                                                                                        daily chart

Stock of Welspun corp is in sideways trend since last 3-4 year. Technically Stock may breakout of this sideways trend to show newer high, which may be a beginning of uptrend. Stock can be bought at CMP or in dips till 84. Stop loss of 82 recommended.
Best time to sell a stock when there is a euphoria in its skyrocketing prices. 

ICICI Bank

                                                                         daily chart


Stock of ICICI bank has just given breakout from rising wedge pattern with highest volume recorded in last 4 years on 4th May 2017. It was trading in that chart pattern for last 6 months. This breakout confirms more upside for stock from current levels. Stock did not move much for in last 3 years. It can be bought at CMP or on dips till 275 for handsome gains in medium to longer term. 

Nifty Options Live Trade