Monday, July 14, 2014

Support - 7420-7426

Dear All,

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

Another choppy day with out any major movement on screen. Yet we see channel support @ 7420 - 7426. Possible bounce back till the upper channel. Lets See.

>>> RCom <<<

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

Rcom - We Booked on First Target with Rs.10,000, But still lot of actions left on this counter as per chart attached above. Just wait and see.

>>> Bank of India <<<

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

Price took support @ 50% fib Level or Middle line of Pitchfork. Now if the support holds - get ready for a big bounce from here. Cheers!!!