Thursday, August 22, 2013

Relief Rally To Continue

Dear All,


>>> Click the chart to see on full screen <<<


As per yesterdays fall I see todays rally as Wave 3 extension as marked as sub wave 2. But I here lot of unconfirmed news floating round the corner and if break above the Previous High 5502 then current sub waves become invalid and relief rally must continue.

>>> COAL INDIA - As Updated Yesterday <<<


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>>> HAPPENED TODAY <<<


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Yes today re-entered Coal India - But hit the SL and bounce to my target. Any way Loss is a Loss.

>>> REC Ltd <<<


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Recltd made a IHS break out. Lets hope for a good bounce form here. We had a Long in this counter. Lets See. Cheers!!!