Yearly Archives: 2009

Buy Apil above 583 Breakout is seen with volumes can see 593 601 Levels Buy PFC once it breaks 240 for a tgt of 243 245 247

Wish you and your family Happy and Prosperous Diwali.

Balrampur took support at 5 EMA now now if it moves above 130 can see 132 134 Levels BAnk of BAroda above 500 505 514 suppport 485 Jindal steel and Power above 613 tgt 627 636 650 Bharti Airtel above 354 tgt 358 363 support 346

Nifty has closed below 5 week MA indicating weakness.Trend line support around 4910 Weekly Pivot level 4970 Weekly Support:4885 4825 Weekly Resistance:5041 5137 Weekly Calls IDBI buy with a sl of126.50 tgt 132 136 TATA STEEL above 542 tgt 551 558 564 572 sl530 SUZLON Buy above 87.3 for tgt of 88 91 95 Better… Read More »

Infosys the IT Bellwether is going to declare the Result before market hours tomorrow morning.Technically speaking Stock has been hammered by bears in past 3 days on account of the expectation of a bad result. Technically speaking the Stock just touched its trendline today around 2186 and have a hood support at its 50 DMA… Read More »

Suzlon Energy Shorted Heavily by Bears,Can see good rally in couple of trading sessions. Buy above 88 for a tgt 90 93 96 sl 83 Buy Gail above 371 once crossed 377 385 394

Evening Star Formation Implication of Evening Star:The Evening Star Pattern is a bearish reversal pattern, usually occuring at the top of an uptrend. The pattern consists of three candlesticks: * Large Bullish Candle (Day 1)* Small Bullish or Bearish Candle (Day 2)* Large Bearish Candle (Day 3)The first part of an Evening Star reversal pattern… Read More »

Click on Image to enlarge

Aban Locked in a Rectangular range from 1450-1675.Longs should be initiated above 1675 for a target of 1684 1718 1769 IF unable to cross 1675 Shorts can be initiated with a target of 1600 IDFC in range of 152-156 sl 145 Tgt 172-175 APIL above 572.50 tgt 582 593

Hi All, Nifty Daily Charts are attached as Above.Nifty has gained 2.3%,But in Holiday Shortened week Nifty moved up ahead plummeting all the bears once again.FII is pouring money like there is no tomorrow.But in-spite of so gush of money Nifty is just making small moves. Lets look at in a technical point perceptive: 1.… Read More »