Tag Archives: technical analysis for day trading

Stock Trading: RIL, Sun Pharma and Indusind Bank

By | May 28, 2013 6:52 am

Reliance Reliance formed a bullish engulfing pattern yesterday closing well above its 200 DMA, Now stock faces resistance at its 100 DMA 834 above which it will reach the top end of channel at 850. Buy above 835 Tgt 840, 851 and 855  SL 828 Sell below 819 Tgt 810,801 and 784  SL 822  … Read More »

SBI Technical Analysis before Q4 results

By | May 22, 2013 10:15 pm

State Bank of India is scheduled to declare its earnings for the quarter ended March 2013 on Thursday tomorrow during market hours around 1 PM. SBI being an index heavyweight will also decide the trend of Nifty. Its a great day to make money if you are on right side of trade. We have covered… Read More »