Monthly Archives: October 2010

Nifty,Bank Nifty and Indian VIX Technical View

By | October 20, 2010

INDIAN VIX– Volatility Index VIX Denotes the fear in the market ,fear of downfall. Nifty cracked from past 5 trading sessions after reaching a tad below it life time high. VIX is updated on EOD Basis @ I have attached the Daily Charts of VIX chart. As seen from the chart VIX is touching the… Read More »

Technical Analysis:BHEL,Hindalco Industries,Elecon Engineering and Orchid Chemicals

By | October 13, 2010

BHEL BHEL has pulled back sharply near 2550: breakout point. Another Example of Resistance becoming support in a Bull market. Stock took support at 2550 where it made a breakout Buy above 2576 Tgt 2605,2627 and 2666 ELECON ENG ELECON gave a good breakout yesterday with volumes above 99.5 which had been elusive for almost… Read More »

Technical Calls:Jet Airways and KS Oils

By | October 11, 2010

Jet Airways Ascending Triangle formation in Jet Airways Taking support at Lower trendline and Facing resistance at upper trendline.Breakout of the above mentioned trendline can propel the stock to higher levels Buy above 848 Tgt 861 and 874 KS Oils KS oils is an excellent example of Support becoming resistance and resistance becoming support. As… Read More »