Tuesday, March 12, 2013

Beware - Bears are Here !!!

Dear All,

> Gave Yesterday <
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Told Yesterday 5971 as a Stiff Resistance.

Happened and Yet to :-
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Hit a Low of 5893 and still on a Bearish Mood, Probably may Open a gap down, if happen so, then its a Island Reversal - which should be a Negative move to help Bears in days to come.

>> IDFC <<

>Click the chart to see on full screen<

IDFC - If can't Hold 50dma or 161, then the break out is a false and free fall not ruled out.

>> RCOM <<
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Rcom - if can't Hold 64 then get ready for a good fall.

Cheers!!!