Wednesday, November 20, 2013

50 Hr MA Save the Day

Dear All,

>>> Nifty - As Published on 18th Nov, 2013 <<<

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

Wrote earlier that Nifty facing a stiff resistance near to 6221, if unable to cross may see a big sell off. See what happened!!!.

>>> Happened and Yet to <<<

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

Today's fall got support at 50 hr MA and should note the gap left at 6060 to be filled. Lets See.

>>> ZEEL - As Updated on 13th Nov, 2013 <<<

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


Zee - as given here lot of negative divergence worked out and stock fell today badly. Hit our first target 266. Lets see whats next ?

>>> Happened and Yet to <<<

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

Yes we booked first Target with a Profit of Rs.15000. Since the stock broken down the raising wedge like pattern, should fall more.

>>> Auro Pharam - As Updated on 19th Nov, 2013 <<<

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

Wrote Yesterday that Auro is looking for a more fall. See what happened today.

>>> Auro Pharma - Happened and Yet to <<<

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

Broken the minor channel - confirmed the downtrend and made a low 272.50. Now if breaks below 270 expect more fall in days to come.

>>> ICICI BANK - As Update on 18th Nov, 2013<<<


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

Clearly mentioned about ICICI Bank's Next move. We are short from 1085 and stock achieved our first target today at 1050. We have booked profit as per below.

Sent on Nov 20, 2013 03:21:28 PM ****N4A-STOCK-UPDATE**** ICICI BANK DONE FIRST TAGET 1050. BOOK PROFIT 8750. SELL GIVEN AT 1085 http://niftyforall.blogspot.in

>>> COAL INDIA <<<

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

Coal India if hold the support then expect a good bounce from here. Yes we are long and booked part profit of Rs.5000. Cheers!!!