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Wednesday, June 2, 2010

NO MAGIC NO MIRACLE - ONLY POWER OF CHARTING

Only power of charting
In Morning Updates Written,

 Suppose not breaks Yesterday’s low of 4933 & trades above 4941 level then expect rally upto 4967-4975 level.

-Crossover above 4975 will take to 5001-5009 level.

Never broke 4933 and as written real action seen in last hour of trade and closed at 5014

 Today if not breaking ,Yesterday’s low of 8950 will take to 9033-9054 level & there after expect real buying………So watch 9054 level very carefully.
Just see what happened , closed at 9120

 Above 638.15 no worry for bulls target
Charts indicating something's cooking
target 652. Stoploss: 625

Stock blasted like Rdx , zoomed upto 673.5 and closed at 669.2


 Today ,If breaks 291 with volumes …then just sell it.

-Stock will slide to kiss 284-282 level in hrs only.
As expected stock tumbled to 283.7 and made a u -turn

 
 Yes ,Baby ….Honey Moon is over !!

Sell on Rise ,No if & But.

Stock will slide to kiss 326 level.Once breaks this level with volumes then expect freefall upto 316-313 in hrs only.
Crashed upto 326.15 levels , but was unable to break our level of 326

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