Technical Calls: Dish TV,LIC Housing Finance and Bharat Forge

By | October 31, 2012

“In the trading world, you will either make money or lose money on any given trade. All that matters in the end is making more money when you’re right than you lose when you’re wrong.  Knowing this, traders have learned to accept failure as part of the game, but they also use the information they acquire from their mistakes as a learning tool.  Frequently, what they learn from losing money is more valuable than what they learn when they make money”

Bharat Forge

Bharat Forge will be coming with it results today. Stock has strong base at 269-271 levels and holding the same tomorrow can see a bounceback.

Buy above 276 Tgt 281,283 and 287

Sell below 271.5 Tgt 269,264.5 and 258

 

LIC Housing Finance

 

LIC is near its lower trend line support with positive divergence in indicators.

Buy above 245.2 Tgt 247.2,249.1 and 252

Sell below 241 Tgt 238,238 and 230

 

Dish TV

Dish TV has shown a good move with volumes. Stock has formed a double bottom at 71.7.

Buy above 74.7 Tgt 75.4, 76.4 and 77.6

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