SBI and Infosys Technical View

Infosys Technology Infosys will be declaring its result on 13 Jan and Stock looks precariously poised looked technically as its near 20 EMA.Stock saw a steep fall on Friday trading sessions. If Stock breaks Friday’s low 3356 breaks Stock becomes a clear sell Sell below 3356 TGt 3319 and 3268 State Bank of India SBIN … Read more SBI and Infosys Technical View

Technical view on Bank Nifty and JB Chemicals

JB CHEMICALS Stock forming double top @148 levels and a rising trendline which is simliar to ascending triangle formation. Break of 148 is necessary for higher tgts of 151 and 155 MACD is overbought zone Sell below 141 tgt137 and 134 BANK NIFTY Bank Nifty broke the trendline resistance and is now heading for acid … Read more Technical view on Bank Nifty and JB Chemicals

Nifty Weekly Technical Levels for Week 3 Jan 2011

Wishing All Readers a Happy and Prosperous New Year 2011. Nifty Daily Chart Nifty is highly overbought on Hourly Charts and a correction till 6060 can be seen in coming week as it is fibo levels from low of 5690 to high of 6147 we have witnessed in recent rally. Risk to Reward ratio is … Read more Nifty Weekly Technical Levels for Week 3 Jan 2011