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DEWAN HOUSING FIN, RELIANCE COMM LTD, JAIPRAKASH ASSOCIA, GMR INFRASTRUCTURE, SUZLON ENERGY LTD, INFIBEAM AVENUES L
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Short below 838.( Short upto 828-838 range as per the risk appetite )
stop loss is 841-842
Target 1 is 806
target 2 is 788
9th Feb..Pullback expected to the trendline.. if market is down.
short below 266..pulldown
Short Jet on pulldown
Trendline Support is nearing. Watch for pullback if it reaches the tredline. Also Horizontal support is nearing.
All information shared in the chart.
Tata motors is holding very well in the uncertain times. It looks poised to remain same way or long in the nearby times. Levels will hold on the closing basis.
NCC has been making high's recently in an uncertain market but as per the historical price levels we may be seeing a great opportunity of reversal.
It looks ripe for a "short" swing trade.
Auropharma gave a long finger down yesterday and was discarded at those levels.
Today Intraday support and bounce could be in the range of 752-757. Stocks should remain above these levels or reverse intraday.
Entry should be around 757. and stoploss could be slightly below 750.
Chart look intresting. If reversal happens..there will be adequate indications.
Trend line channel on a weekly chart of TataMotors ...Chart shows scope for bullish traders as well as bearish traders.
Someone has rightly said "Beauty lies in the eyes of the beholder".
Check the chart and figure out which side are you ...let me know too :)
LIC results are already out and stock is cracking. Currently stock is at minor-mid support levels and approaching trendline support as well.
Analyse and trade accordingly :)
Have a nice day !!
Could It be another repeat of 2007 buying spree ...Could it go crazy this time..No solid reason looking to make it fall considerably yet !!
Nifty has PE of 26 right now..If history has its say....It's time to book profits or Is this going to be different this time....Keep guessing :)
Trendlines could be highly manipulative. We can see what we want to see by adjusting things.
Market may justify them or not.
What do you see here...Comment and let me know :)