Technical Calls:SBI,Jet Airways and CESC

By | September 26, 2012 8:01 am

Having self-discipline is having the ability to follow through on your plans and goals.  Often times we get tugged in various directions and enticed by making choices that don’t help us along our path to our goals and fulfillment.

“The path of least resistance is what makes all rivers and some men crooked.”   – Napoleon Hill

SBI

SBI the heavyweight stock is forming multiple tops 2245-2252 range. DOJI formation indicated indecision among the market participants.  Unable to break 2252 can see the stock moving back to 2157 odd levels.

 

Buy above 2204 Tgt 2227,2252 and 2277

Sell below 2172 Tgt 2157,2135 and 2091

Jet Airways

Jet Airways at its important trendline support of 357-55.Holding the same stock can rally to 370 odd levels.

Buy above 360 Tgt 365,369 and 372

Sell below 354 Tgt 349 and 344

 

CESC

Yesterday all FDI in retail stocks rallied Pantaloon,Arvind but CESC did not participated. Catch up play can be expected today.

Buy above 334.6 Tgt 339,342 and 347

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