Monthly Archives: August 2008

GROWTH SLOWS

By | August 29, 2008

Dalal Street was in celebration mode. The lower than expected inflation figure, which at 12.40% is lower than last week’s 12.63%, announced yesterday late evening, set the moods. Then there was also news of crude prices falling. It was at $116.88 per barrel after dropping $2.56 dollars. This called for double celebration! And since morning,… Read More »

Tommorows Call

By | August 28, 2008

Try to trade in INdex Heavy weights BHEL and Reliance can show very good Bounce backs Reliance Keep a Sl of 2052 and can go Long for a tgt of 2100 and 2138 BHEL keep sl of 1596 and go long for a tgt of 1686 1701 1750 Reliance is coming in Over sold zone… Read More »

Nifty In Down Channel

By | August 28, 2008

Nifty is in Down Channel.Both MACD and RSI showing sign of weakness If 4150 is breached than we can see fresh lows coming in. So we should use every rise which I think will see tomorrow to exit. Or keep a SL of 4150-4128 range on all ur longs Share on: WhatsApp

Trading Calls for 26 August

By | August 26, 2008

Nifty likely to open gap up Resistance comes around 4376 as excellent recovery seen today SBI should range between Rs.1,352 and Rs.1,399. Buy at the lower end of the band with a stop of Rs.1,343 and opens high and sell around Rs.1,402 with a stop of Rs.1,408/1,418. BHEL looks an excellent buy around 1721 buy… Read More »

Kotak bank looking bullish

By | August 26, 2008

20 DMA BREAKOUT!!!The stock future recovered nicely from days low and closed with a gain of3.98% on Tuesday’s session. The stock has also given close above its 20DMA with good amount of volumes. Leading Indicator RSI (RelativeStrength Index) is rising with positive divergence and is sustaining abovethe benchmark level of 50. Considering the technical evidences… Read More »