Friday, September 01, 2006

DIVISLAB


DIVIS LAB blasted off after broking a pennant 1890-1900 is a good sopport below which 1855-60 is a good support over all pennant target is 2050 to be precise.Trail it who have already bought it who hav'nt yet taken a position can make a position if stock retraces a bit.
cheers
rish

SUGAR CAME BACK STRONGLY


BALRAMPUR bounced smartly from 89 support(88 levels) and yes with huge volumes










BAJAJHIND bounced exact from support cheers













eid parry too bounced near from support












Govt hikes Sept open market sugar sale quota to 1.4 Mt from 1.3 MT Govt has hiked the September Open Market Sugar Sale quota to 1.4 MT from 1.3 MT. Analysts say that the government has done this because of the festive season based on news sugar prices spurted today nicely
cheers
click this to see previous post on sugars

NIFTY INTRADAY

Thursday, August 31, 2006

NIFTY SEP 1ST


NIFTY has cracked a rising wedge shown with red lines need to figure out how serious is this crack as today was expiry so techicals mostly go for a toss on upside immediate resistance at 3435 above that we will be safe intraday downside nifty has support at 3396 below 3375 is risky.
cheers
rish