Technical Calls :Rajesh Export,ICICI Bank and HCL Tech

By | February 15, 2011 5:21 pm

Rajesh Export

Forming Triple top on daily charts @141.5 MACD also showing positive divergence.

Buy above 141.5 Tgt 144.2 and 146.96


ICICI BANK is forming lower top lower bottom formation  and saw good rally from lows of 950 to high of 1066 which coincidentally is

50 SMA@1062.RSI is also hitting upper boundary

Sell Below @ 1068 Tgt 1051,1036,1019 and 1004

HCL Technologies

HCL Technologies is forming trendline resistance @490 forming a resistance

Buy above 491.83 tgt 499 and 508

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