Wednesday, October 18, 2006

RELIANCE CAPITAL


RELIANCE CAPITAL moving strictly in a up parallel channel above 584.50 it can give a breakout for a targget 1 of 600 on the downside keep an eye on trendline break
cheers
rish

Tuesday, October 17, 2006

NIFTY 18TH OCT


NIFTY brokeup small channel upward now in consolidation mode nifty trading above 3728 consistently will take nifty to 3760 on the other side breaking 3700 will put psychological pressure on bulls and some upper hand for bears breaking of 3690 will open way for 3660.trade accordingly
cheers
rish

BOMBAY DYEING



bombay dyeing is weak on charts strong only above 695. Stock can be shorted on rises with a sl at 695 downside 670 and after that 660 are bull sopports.
cheers
rish

MIDDAY MULTIMEDIA



midday multimedia can be bought on dips for a delivery target of 60-65 sl 47