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TRADING RANGE

 
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Author TRADING RANGE
r.dibya
White Belt
White Belt


Joined: 26 Jun 2008
Posts: 79

Post: #1   PostPosted: Sat Aug 22, 2009 12:10 am    Post subject: TRADING RANGE Reply with quote

before as i told. nifty may support near 4400 then go to 4600-50. i think that target will be achieved by monday.

from 4700-50 level is strong resitance . by elliot wave theory nifty may touch 4500-50 level after 4700. so short near 4700 sl 4760 tgt. 4550

china took support from my level that is---2785 level as well as CRB index of commodities and

watch DOW will be trading above 9465 then bullish to 10200 level instantly without any measure correction.

last week watch on herohonda ,reliance,ster,bhusansteel,tatasteel

now watch on ranbaxy ,ster,tatasteel,indiacement,aban above 1210 level,suzlon above 102 level,reliance above 2010 tgt. 2350,

i think after sep.1 reliance will move so don't trade in reliance right now ,it is only consolidate phase.

herohonda is still in buying mode ,sesagoa,renuka,icici bank above 810
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