Thursday, March 13, 2014

6562 Resisted & 6487 Support also Broken.

Dear All,

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

High 6561, resisted near 6562 and support 6487 also broken.

>>> Bank Nifty <<<

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

Bank Nifty also resistance. Lets See.

>>> Tata Steel <<<

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

Hit SL today below 336. Now tomorrow if able to hold above 336, then it may be a double bottom where the stocks may bounce. Else may fall towards next support. Lets See.

>>> Rcom <<<

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

Another SL hit today. Earlier counts negated and hence exited with a loss of 6000. Now Lets review the stocks. If 110 gets broken then stock may find support some where near 102 where I feel its a good investment opportunity. Lets See.