Tuesday, July 28, 2009

SBI



Can fall heavily below 1670 -1635 lvl to complete E wave ...resistance around 1740

SAIL



Major resistance are 181-184-187 now ...buy above these lvls only .....

Reliance Industries Ltd




Free Fall below 1900-1870 ....below My target is 1605

ONGC




On verge of cup with handle breakout .....so watch out for the closing above 1110..if sustains above for a week or so My target is 1450 ...below 1070 it might show a down movement upto 950

ICICI Bank




Extracting / Expanding triangle working supports are 735-705 res 750-775

Bank Of India




My fav .......what a stock I am loving it.......perfect moves ... Res - 322-335 Supp- 316-314

Monday, July 13, 2009

Nifty Moving as expected



Nifty moving as Expected n assumed ...pls check below post

Extracting Triangle n HNS both are on work .....As per above chart the central line of the channel is giving support currently .....Now My view is if this support holds a bounce till 4150 can come only to ensure freash fall towards 3850-3700 lvl and that would be more fast n furious ....If this support gets broken without bounce then Nifty will slowly move towards 3700 ....This all about time frame target achievement ......

Only chance for bulls is above 4150 n that too wont be easy

Really show would be at 3700 .....4150 and 3700 are later part so will post later ...till then