Thursday, January 02, 2014

BankofBaroda Technical chart

Hi friends,
                   Revisiting BOB chart had given a smal trade in bob yesterday for c wave rally
which was reached today and reversal came along with that ,Look old post here BOB .
 Now looking at the broader picture look at the following chart.
 The c wave rally touched the trendline resistance and reversed ferociously ,This stock would be targeting 600-580 levels in coming weeks.
Look to short this in any counter rally stop loss should be 680.

Regards
Rish

Nnifty analysis

Hi friends,
                  Nifty today rose suddenly after few days sideways move we could well be forming
a abcde from 6150 levels a break of 6300 and close below that can create short term selling
pressure.
 Regards
Rish

Wednesday, January 01, 2014

BankofBaroda technical chart

Hi friends,
                    A small trade emerging in BOB with low risk
can try a long near 650-648 stoploss at 640 for a target 670-675..
Regards
Rish

Tuesday, December 31, 2013

Nifty fractal

Hi friends,
                   Another example that fractals appear on all time frames.
Todays intraday move resembles the daily move of nifty from 5100+
surprised

have a look yourself.See how similar are both moves these fractals keep appearing we only need
an eye to look for them ofcourse they tell a lot for the future move too it gives hints.

Regards
Rish