Tag Archives: descending triangle

Stocks with momentum:IVRCL,IRB and JSPL

By | January 25, 2013

IVRCL IVRCL fell 21% yesterday on back of news of Killing of NHAI operator. Stock has broken important support level of rs 36 and closed at 33. Break of 31.7 can take further beating of stock 28-25 odd levels range. Sell below 31.7 Tgt 30.3,29.3,27.5 and 25.8 SL 33   IRB IRB is on verge… Read More »

Technical Analysis:Bank Nifty,Ranbaxy Labs and ICICI bank

By | June 14, 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… Read More »