Daily technical analysis of “blue chips”
Bouncing Severstal raises the question of the return of the price to the level of the breached support and now resistance 674. The purpose of the bulls 679-680r. Potential shopping area is April 1 – 645
Recall that on 23 March the price broke through the Severstal major support 674, supporting the idea of a strong downtrend. The first objective Fibonacci breakthrough (674) – 627. The mark of rebound principle 630r deploys upward position in the short term. Short-foot buyers are April 1 – 636.7. Medium-foot sellers are located on 1 April 668.3.
VTB March 31 was tested at least 2015. (0.0591) and lower it to 0.05837, but penetration has not taken place, the price is returned by 6 kopecks.
In the case of a penetration level of 0.0591 price can go to 0.5113. Softer bear embodiment represents a goal from 0.05611 0.06389 resistance level. The opposite option bullish movement from the minimum benchmark 0.0647 gives 0.05837. Short-sellers April 1 foot located at 0.06157, above are medium-foot sellers 0.06262.
Rebound on Monday March 30, MMC (before the annual report on March 31) raises the question of penetration up the February-March the downward movement corridors to 11219, but levels above 10,500 at the end of March, proved attractive to sellers. Earlier the sale of shares of MMC on the level of 10870 (to 9524) showed a downward force of the corridor, in which the correction of the December-February growth.
Short-foot buyers are April 1 – 9776 (medium-term stops are practically in the same place – on 9893).
Rosneft’s share of the district implemented a rebound mid December and March range (239.07). For bulls originated tangible goal up at 261.11-262.75. Medium-foot buyers placed April 1 at 236.09, short-foot buyers are located almost in the same place – in the area of 238.83.
Potential zone near shopping is April 1 – at 249.15
According to the action developed in the framework of a bullish rebound downward corridor. His current goal 64.81
Potential shopping area is April 1 – at 62.19.
Bears still a further embodiment of the maximum goal 58.38 26 March 65.8
Short-sellers are foot 1 April – 63.06. Medium-foot vendors placed April 1 at 64.15.
bullish rebound developed by Lukoil. His goal was formulated at the level of 2720. A possible option to continue giving benchmark already in 2828.
Potential shopping area is April 1 – to 2674.
Earlier, the stock almost reached its goal in 2565 (the second goal of the Fibonacci level of penetration of local minimum 26/02/15 – 2895). Even more aggressive variant was played by the strong resistance level of 2753 (up 26 March) – The objective of 2454.
At the level of 2565 is supported – it came after a gap up on 15 January.
Short-foot buyers are April 1 – 2584 (short-sellers were broken foot yesterday at 2684), medium-foot sellers are April 1 at 2744.3.
Dynamics of Gazprom shares at the end of the beginning of this week and revealed intentions rebound. As a result, the actual position at the beginning of the week turned up. Local formulated goal rebound from now to 139.24-141.91. Medium-foot buyers April 1 located at 132.12, short-foot buyers are virtually in the same place at 133.58.
Potential zone near shopping is April 1 – 138.2 below.
After breaking March 10 local minimum level (02/26/15) 149.1 – bears for actualized target total wave motion – 141.99, which was reached on March 13. The second objective Fibonacci after breaking 149.1 (when closing below 141.99) – 130.49 mark.