Monday, December 08, 2014

Support @ 8430

Dear All,

>>> Nifty <<<

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Expanding Triangle - Support @ 8430 looks important.

>>> Ashok Leyland - As Updated on Last Weekly Review <<<

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Wrote on last weekly review - Ashok Leyland on negative side. We had a sell position from 55 level. See what happened today?

>>> Ashok Leyland - Happened and Yet to <<<

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We had a part booking at 53. Price made a low of 51.

>>> ICICI Bank - As posted on Weekly Review <<<

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Wrote - ICICI bank should hold the two support. See what happened.

>>> ICICI bank - Happened and Yet to <<<

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First Support Broken and Look for second support. If unable to hold - More correction possible.

>>> BIOCON - As Posted on Last Weekly Review <<<

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Wrote - Last weekly review - 475 as a strict resistance for wave B. See what happened.

>>> BIOCON - Happened and Yet to <<<

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We had a Part booking, holding the rest for the target. Lets See.

>>> ALBK <<<

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We are on the sell side on ALBK. As given on chart - Both Price and RSI broken the support. Lets wait and See. Cheers!!!