DLF after breaking the crucial support of 228 has been falling like 9 Pins, DLF is trading near the Fibo Fan support of 188, Holding the same pullback can be seen, else downfall will continue to next fibo support of 174.
Buy above 195 Tgt 198,200 and 203 SL 193
Sell below 191.5 Tgt 189.6,186.5 and 182 SL 193
Reliance is trading near the downward falling channel,so pullbck rally can be expected if 776-778 is held on closing basis.
Buy above 786.5 Tgt 792,796 and 799.5 SL 780
Sell below 779 TGt 773,768 and 764 SL 782
ONGC is near its trendline support and formed a DOJI candel, signalling a big move is round the corner in next couple of days.
Buy above 319 Tgt 321.3, 323 and 326 SL 318
Sell below 314.5 Tgt 311.5,308 and 306.2 SL 315.5
Stock Performance Sheet for the Month of May is Updated @http://tradingsystemperformance.blogspot.in/ Net Profit for the month of May is 187775/-
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