Technical Calls: Tata Steel,ICICI Bank and Central Bank

By | April 1, 2012 11:44 pm

Trading is a journey of self-discovery. If you enjoy learning, if you are not scared of risk, if the rewards appeal to you, if you are preparedto put in the work, you have a great project ahead of you. You will work hard and enjoy the discoveries you’ll make along the way.

Tata Steel

Laxman Rekha at 475.8. Trade above this Tata Steel will show a fast  move, as it shows a breakout.

Buy above 476 Tgt 478,483 and 487

Sell below 468.3 Tgt 466,463 and 458 

 

ICICI Bank

Crossed above 200 DMA which is bullish for the stock.

Buy above 895.6 Tgt  899,905 and 913

Sell below 882 Tgt 878,870 and 863

 

Central Bank

Symmetrical triangle and 20 SMA combo. Breakout above 101.8

 

Buy above 102 Tgt 103.9,106.9 and 112

Sell below 98.6 Tgt 95.6,93.4 and 90.5

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