Pages

Tuesday, October 15, 2013

6142 - Crossed but Bull failed to Hold.

Dear All,

>Click the chart to see on full screen <

6142 Crossed on Intraday, but failed to hold. If crosses again due to good TCS results, then the entire scenario may get changed to bullish. Shall update the same once it get changes.

But if breaks the channel on the downside, the fall may continue as A-B-C. Lets wait and see.

> CENTURY TEX <

>Click the chart to see on full screen <

Century Tex broken the raising wedge pattern. 254 an important support, if unable to hold may trigger more selling. Lets See.

3 comments:

  1. Dear venkat bhai:)

    I always like ur charts .. nice one agaun

    ReplyDelete
  2. Cant nifty be in a Irregular flat correction....If one more conquer above 6142 can we take it as a Bull entry ??? pls advise as Irregular can retrace till 1.38 too....!!

    ReplyDelete
  3. Mr. Ramesh - Possible to have an Irregular correction also. In such a case 6260 may be the next level.

    ReplyDelete