Monday, 13 February 2012

LIC Housing as of 13th Feb 2012



LIC 100% retracement is in the range of 299/300. Any queries on chart, please let me know...

Sunday, 5 February 2012

HDIL - moving higher with volume


See Green line highlighting the uptrend in volume below the price chart

Thursday, 2 February 2012

UCO Bank


UCO bank has broken out of the channel marked with green linkes and the red line is the fibonacci retracement. It has already retrace to 23.60% that is 70.27 and currently trading @ 71.65. The next level to watch will be the 38.20% retracement of 85.87.

Tuesday, 31 January 2012

LIC Housing Chart


As you can see, the stock is in uptrend and is around the 61.8% retracement. If breaks the upper trendline convincingly then 260 to 270 can be achieved

Friday, 27 January 2012

Nifty View - 27th January 2012


From the above chart, the MOB (Make or Break) level has been marked near the 3 (circled). This is wave 3. If reverses from here, then the first point -4- would market the end of wave 4. However, if trend continues then we can see levels of 5500 if wave 3 continues. This is not my chart. I have got this from a very respected mind in the market. Any questions, please let me know. Again, this is For Your Information only.

Wednesday, 25 January 2012

JSW STEEL View....

JSW Steel is trading a channel, so there could be downside from here, if the upper channel is not broken and holds....

Tuesday, 24 January 2012

Nifty View

See the channel in which the Nifty has been trading... If RBI policy is good then upside, else we move lower