Wednesday, May 08, 2013

After 6080, Next Resistance 6120

Dear All,

>click the chart to see on full screen <

Nifty touched 6080, Next Resistance 6120. Todays Upmove clearly shows Bulls have a strong Uphold on Market, Seems like Bears are tiered on their attempt in hitting the market. Lets Look at the Daily Chart also..
>click the chart to see on full screen <

Daily Chart shows today high is much important for Bulls and Bears. If Price trades above 6080-83 tomorrow, then Next 6270 should be the Logical Target. So Bull ride to continue with -ve Div. Lets See.
>>> RANBAXY <<<
>click the chart to see on full screen <

Ranbaxy was on my Radar on last weekly Review. Today it gave a clear break down, Minor support also there as shown on chart. Bad Result should hammer the stock tomorrow. Lets See