Tuesday, June 17, 2014

Resistance 7640-50

Dear All,

>>> Nifty - Posed Yesterday <<<

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


Wrote Yesterday 7487 as a good support - if holds then bounce back possible. See what happened.

>>> Nifty - Happened and Yet to <<<

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

As expected - Nifty took support from 7487 and rallied more than a 100 points today. Now 7640 or 7650 remains a key resistance. If unable to cross may trigger a fresh selling. On the other side - if able to cross the given resistance may trigger a fresh rally once again.

>>> INFY <<<

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

INFY - Booked on first Target with a Profit of 11250.

>>> BHEL <<<

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

We are Long on BHEL form 239, reached 249 and made a part Booking for Rs.20,000. Chart ready for a big break out - Just buy and enjoy.