Monday, February 18, 2013

Bear gave a PAUSE !!!

Dear All,

>Click the chart to see on full screen<

Nifty moved up a little bit and gave Bear a pause. 50hsma should resist, if crossed then two channel lines should be the hurdle for next upmove, as shown on chart.

Resistance :- 5912,5925,5945 and 5970

Support :- 5880 and 5845.

>> JP Associates <<

>Click the chart to see on full screen<

As posted on the face book during trading hours. Link is as follows :- https://www.facebook.com/pages/Niftyforall/389891927770442

>>> State Bank of India <<<
>Click the chart to see on full screen<

State Bank of India too Posted on Face Book Link as given above. Stock should move up if able to hold above the break out wedge. Lets see..Cheers!!!