Wednesday, July 23, 2014

7809 - Resisted

Dear All,

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

As wrote Yesterday - 7809 resisted - Until we cross this hurdle - Market going to be choppy and volatile. So the most frequently asked questions like - Was the market Topped Out ???? - The answer is - still no valid trigger or break down for such correction - FII's are still on buying spree. Hence shorting is not advisable at this point. Remain Long at this point with proper stop loss is advisable. Due to high volatile - Some Trade may hit Stop loss - are unavoidable.

>>> JPASSOCIATES <<<

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

Stock looks very attractive - with a good support @ 65. Just Buy for good Rally.

>>> BIOCON - As Posted Yesterday <<<

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

Wrote Yesterday about Break out on Biocon.. Let's See what happened.

>>> Happened and Yet to <<<

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

We had a Part Booking at 522 or 61.8% fib level for Rs.5000. Lets See. Cheers!!!