Bombay dieing

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655-650 SUPPORT play catiously can bounce from here else short with a sl of 660 can target 625-630
cheers
rish

RELIANCE

reliance still above channel and above 50 % retracement but till when any revival reliance has to fire else the other part i need not to discuss.
cheers
rish

ongc

ongc below 50 % retracement global markets dumping be extra cautious in longs.
cheers
rish

nifty(closer view)

NIFTY updates

HINDALCO

hindalco is on the verge of a breakout it can be longed.
cheers
rish

TRIVENI

triveni looks to make a iH&S can see 118 levels soon long with a
sl of 99.50.
cheers
rish

NIFTY

nifty looks like making a channel support near 3200 nifty will
target 3400-3410 which is a stiff resistance neckline of H & S
crossing that means we r quite safe.
cheers
rish

MC Dowell

mc dowell accumulate near 500-540 strong support
this has come down steeply from its recent heights
the good part is it has fallen on low volumes.
cheers
rish

JBF india

jbf can be longed with sl 92 target 102 macd systen too is
about to give a buy signal though volumes r low they should
also follow soon
cheers
rish

MONEY(the mind twister)

I saw the best example of how money can twist a player’s mind while teaching my oldest daughter to play backgammon. She was about eight at the time but very determined and bright. After a few months of practice she began beating me. Then I suggested we play for money— a penny a point, which in our scoring meant a maximum of 32 cents per game. She kept beating me, and I kept raising the stakes. By the time we reached 10 cents a point she started losing and soon gave back every last penny. Why could she beat me playing for little or no money but lost when the stakes increased? Because for me $3.20 was pocket change, but for the kid it was real money. Thinking about it made her a little more tense and she played slightly below her peak level— enough to fall behind.
courtesy:-come into my trading room.
Dr.Alexander Elder

RELIANCE

RELIANCE has taken support near 930-35 quite a few times
watch that level while doing intraday trade.
cheers
rish

VSNL

VSNL go long near 420 sl below 420 can see 460 on upside
cheers
rish

wipro

in hourly chart wipro has given nice break from downmove
with nice volume to its strong above 480
cheers
rish

INFOSYS

INFOSYS is in a channel expected to touch upper band
2900+ . 2900-2920 is the resiatance , smooth move above 2920
cheers
rish

CNXIT

CNXIT showing strength expected to touch 4000 if goes aboce it will
be quite bullish so keep an eye on that.
cheers
rish

expiry monster(ONGC)

NIFTY as an index is usually manipulated with ongc being
used extensively (ongc is a super heavyweight) to lift or dump
the nifty above is a chart showing 1 min candle data which shows the
wide swings in ongc price on 1 min basis.
cheers
rish

expiry

hi friends,
today being expiry lots gonna happen if you r new or r scared of huge moves better stay out and watch as market is in no mans land dnt try to jump in water if u r scared of deepness coz markets can surprize tremendously ,there are many roumors cacophonies etc becarefull saving capital should be the first priority keep off from clamouring tipsters.
cheers
rish

SAIL

SAIL has a good support near 70 play accodingly
cheers
rish

BAJAJ AUTO

BAJAJ AUTO is safe above 2800 keep an eye on that level
cheers
rish

ACC

ACC is near to a resistance of 780-800 if crosses that think of
longing else can be shorted with a sl of 780
cheers
rish

ABB

ABB has resistance at 2600 keeping the sentiments prevailing
in markets this can be shorted as near to 2600 possible
keeping sl above 2600 one can also think of going long
above 2600 play with caution market is full of cacophonies.
cheers
rish

ONGC

This could be the deciding factor if this performs no doubt
nifty too will perform presently on support above 1300
move will be fast can long keeping in mind 1300 as target
if crossed 1500 coming soon.
cheers
rish

HDFC BANK

HDFC bank is wating to break trendline volumes r nice
probably will break today long this above 785
cheers
rish

ICICI BANK

ICICI bank has broken its lower trendline towards upside
with fair volume too we can think to long it with a sl of 565
on a delivery basis
cheers
rish

punjtractor

with monsoon on time sectors related to agriculture will
be in limelight this script has given a breakout upside
keep a sl of 245 on delivery basis and go long.
cheers
rish

TCS

TCS too smartly recovered from its support
cheers
rish

RELIANCE

as posted earlier reliance jumped from support
cheers
rish

RELIANCE

ril is one share which can change sentiments in minutes
keep an eye on this luks like taking support
cheers
rish

SENSEX

weekly sensex is on support rest levels are shows in chart
cheers
rish

CIPLA

cipla on support 220 levels if market strong can be longed
else short it below 220 with sl 220.
cheers
rish

TCS

TCS is near support it can be picked up near 1750-1700
levels
cheers
rish

VOLTAS weak

voltas is weak below with a close below 1000 its confirmed
this can be shorted with sl 1000
cheers
rish

SIEMENS

this is 1 stock which i like most because of its volatility
buy this gem near support band 4500-4350 buy in panic
u will make money for sure
cheers
rish

NIFTY updates

i have posted nifty levels trade accordingly dnt panic we
rose continuously for eight months no 1 was complaining
now whn bears showed their power people have turned ultra
bearish start fishing for gems at low levels buy in bits so that
we don't miss any opportunity if market rises or falls suddenly
its all about patience and opportunity pounce on scrips when its blood
everywhere and sell and come out when all running behind that .
cheers
rish

massive thrust(nifty)

yesterday market(nifty) spurted smartly and as the day progressed momentum kept on increased and in the end closed the day with a massive 100+ gains and we did cross 3620 with a small hitch but the dump we saw in US markets warrants an close and catious approach towards markets dnt be too optimistic wait for a clear trend else wait and watch will be a best strategy.I have posted end of the day chart.
cheers
rish

NIFTY updates

is this a HS in making keep an eye trade cautiously
cheers
rish

PATNI

patni beaten badly above 385 expect 400 buy for delivery
will be updationg on this
cheers
rish

VOLTAS idea

voltas is moving in a channel it bounced from its channel
support expect it to touch channel top and we can see a
nice spurt above 1100 which is max resistance.
cheers
rish

CNXIT

expect techs to perform as ruppee is under tremendous pressure
dollar going up should benifit tech stocks CNXIT is on channel support
and comparitively fallen less thn other counters keep an eye on infosys,
wipro & tcs.
cheers
rish

RELIANCE

as we see from chart reliance fell like cards the madness it showed
from 1000-1170+ levels ended in downword madness in same fashion
with same speed expecting a halt near 1000 expect this to perform
for bull revival.
cheers
rish

ONGC

expect ongc to perform if we want bulls safe 1350 is the support
but with crude falling expect it to go down 1320-25 level
could be safe these r purely technical levels play accordingly
cheers
rish

MIDCAP NSE

NSE midcap was severly was too hit badly more than 5%
down and chart shows some more to come play accordingly
cheers
rish

NIFTY updates

yesterdays power of the dump took everybody by surprize
ther was no supports stocks were falling like cards, expect some
respite for bulls near 3450-55 caution is the buzz word
cheers
rish

tube investment

tube has broken channel on upside showed great power in falling
markets buy 4 short term gains
cheers
rish

pritish nandy communication(PNC) move

massive volume grab this before it shoots more
cheers
rish

DISHMAN idea

dishman showed great strength on a day when markets were
quite weak and that too with nice volumes something cooking
technically too it has broken its channel(upward) expect upside.
cheers
rish

astramicrowave

astramicro did show the expected move this chart illustrates
the thrust of move with massive vol for a stock like astramicrowave
cheers
rish

ESSAR OIL

same sector stock tend to run in unison as RPL is getting listed
keep this on your radar screen
cheers
rish

SUNIL HITEC

nice break from channel and today its announcing results
keep an eye this could be the example to ssee insde buying
expect good results lets wait and watch results one can buy
with a sl of 156
cheers
rish

CRANES SOFT

cranes soft broke out from converging trendlines with nice
volumes expect upmove in tht
cheers
rish