Tuesday, October 28, 2014

Resistance @ 8035

Dear All,

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Market made a pull back and resisted @ 8035. If able to cross and hold above 8035 and 8080 then rally may continue. Apart from technicals - Fed Decision today - should give a clear direction. Break below 7975 and 7935 should trigger a good fall. Lets Wait and See.

>>> Apollo Tyres - As Updated Last Weekly Review <<<

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Wrote - Apollo Tyre on Bearish side.

>>> Apollo Tyre - Happened and Yet to <<<

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We book a Part profit today. Late Trade had a spike which took support from the channel bottom as shown on chart. Now 222 should act as a key resistance.

>>> ACC <<<

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After making a V shape recovery - Stocks having a resistance at 1480-1482 level. If the channel gets break then expect a good sell off. Cheers!!!