Friday, 20 January 2012
Reliance Infrastructure - Short Term Retracement Complete
Enclosed is the chart for Reliance Infra - Courtesy Zain. The short term retracement is complete and 492 levels should act as a resistance. Otherwise, it should continue its upmove
Thursday, 19 January 2012
Wednesday, 18 January 2012
Reliance Infrastructure view
From high of 595.70 on 26 Jul 2011 to low of 326 on Jan 2nd 2012, the stock has retrace to 38.20% on fibonnaci. The trend is up looking at MACD as it is +ve.
Tuesday, 17 January 2012
ICICI downtrend
Most short term indicators are now pointing downward for ICICI and broken the 55 day Moving Average. So hedge your trade
Friday, 6 January 2012
Subscribe to:
Posts (Atom)