Dabur Cycle degree triangle Above 148/150 Targets 180+

Dabur cycle degree triangular consolidation
148-150 is the resistance zone
The support trendline is near 142 or so. Apex of triangle is due in another month.

Should form a healthy bottom buy October. Traders will be interested in the breakout above 148-150 resistance zone
Targets should be in the 180 region.
Retracements :173.8-107.1
0.236:122.841 0.382:132.579
0.5 :140.45 0.618:148.321
0.786:159.526

Colgate above 376 will do 412 sl 370/360

Colgate inv H&S/Triangle. Can't say whether its more of a descending triangle or an inv H&S. Take your pick. Watch the trendline.
Above 376 target is 412.
Sl is 370 once 376 is crossed
Fib levels are
Retracements :476.3-284.2
0.236:329.536 0.382:357.582
0.5 :380.25 0.618:402.918
0.786:435.191

Strides Acrolabs 311/324/350 above 297/277/250

Stirdes Acrolabs
Some good news cooking.
check prem's blog

Fibonacci projections. most likely target T3 , looks like a 1-2, 1-2 setup
basically its bottomed on cycle degree. min reasonable target = upper channel/t2
325/329.8

STAR:9/1/2006 3:54:59 PM
Close/cmp:292
Swing : Up=Buy ( 9.200% sensitivity)
Breakout area: 272.78
Targets Active above:294.557
T1:307.72 T2:329.8
T3:365.52 T4:387.6
LastPivot272 TrailingStop:22.0796
0.618 sl:272.78
Lower:282.65 Upper:325.948
Risk/Reward T1=0.78602
Risk/Reward T2=1.89
Risk/Reward T3=3.67602

Mtnl To head towards 167 and 178

Mtnl may head towards 167 and 178 if it can hold 152/149
157 is the old high above which mtnl should show strength

Original fib, buy call was given near 150 region
Fib targets for current move are as follows
MTNL:9/1/2006
Close/cmp:155.85
Swing : Up=Buy ( 5.500% sensitivity)
Breakout area: 145.544
Targets Active above:154.427
T1:161.256 T2:168.8
T3:181.006 T4:188.55
LastPivot149.05 TrailingStop:7.5445
0.618 sl:145.544
Lower:153.194 Upper:163.275

A double bottom formation would be complete above 167 the target for which is 200
For now follow the trend.
154/153/152 supports from rising trend channel.
Upward targets intact as long as 149 is held but the upmove would lose some momentum below 153.


Once you have entered use a 2 day trailing low as a stop.
Key support 149
Key resistance 167
Above 157, 167
Below 154, 152/149
Below 149 uptrend in trouble.
Above 167 typical double bottom with lower volumes on second bottom
Target 200 within 2 months
Thats a 20% upside (167-200) with a 10% (167-149) risk
Swing traders may enter on new eod high just above 157.25 which also happens to be an old resistance level.
13ema is at 154.91, 21 ema is at 152.894
mtnl is barely recovering above and currently retesting 200 ema
153.56.
Remember bulls live above 200 ema and bears below :)