Thursday, October 24, 2013

Profit Booking or Correction ???

Dear All,

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

After breaking 6220 nifty made a fresh high of 6252 and started falling till the bottom of the channel. Now again 50 Hr MA got support along with the channel. Lets see how it work for tomorrow as usual.

>>> ICICI Bank - As updated on 22nd OCt, 2013 <<<


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>>> Happened <<<

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

After a lot of consolidation - Price broken out and hit the target. Patience Paid.

>>> IDFC - As updated on 22nd Oct 2013 <<<

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>>> Happened and Yet to <<<


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

IDFC booked some part profit near 106. IDFC made a high of 105.80. Looking for some more upmove soon.