Friday, May 26, 2006

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

Thursday, May 25, 2006

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