iCharts Discussions

[rajpalmanish]

Hi,

Can anyone please give view on IFCI. I bought it at 9.40 for some short term gains.

[ranbhan]

Dear i do not see much appreciation in this stock.

Short term it is expected to move in narrow range of 8-10.

But do you know that market is going to crash in coming months. I expect NSE to break earlier low seen in May.

My Nifty target is about 2500-2600. In this scenerio pl keep your self away from such low cap stock which is likely to get buchered like anything if market crashes.

ALTHOUGH ON WEEKLY CHART IT LOOKS POISED FOR RAISE. BUT STILL WAIT MARKET TO FIND ITS OWN COURSE.

[rajpalmanish]

Thanks for the response.

But I am really surprised that as per your opinion market is going to crash. Why???????. I think every things are coming into postive. Volume, foreign market condition, FI's and MF's investment.

I can agree that market can down by 200-300 points but crash?????? really surprising.

Can you please suggest more on that?????

[ranbhan]

Dear

This just based on my technical analysis.

Just wait for a month for confirmation

[itisahad]

IFCI is gonna follow a game of number
If the sensex moves up, it shd easily cross 15