10 September, 2011

SHORT BPCL POSITIONAL

9/10/2011 01:20:00 PM
















BPCL :- CMP – 635
BPCL IS ALSO ON THE VERGE OF BREAKDOWN 654 FOR IMMIDIATE TARGET OF 635 AND 605 ONE CAN TAKE SHORT POSITION WITH STOPLOSS OF 688 ON CLOSING BASIS OR ONE CAN WAIT FOR CONFIRMATION OF BREAKDOWN ALSO THERE IS NEGATIVE DIVERGENCE ON DAILY AS WELL AS WEEKLY CHARTS

Posted by Nifty Statistics

SHORT CALL FOR BATA INDIA

9/10/2011 01:06:00 PM


BATAINDIA :- CMP – 689.45
BATAINDIA STOCK HAS BROKEN SYMETRICAL TRIANGLE AND HAS TURNED IN SHORT TERM DOWNTREND WITH IMMIDIATE TARGETS OF  655 AND FURTHER IT CAN DRIFT TO 620 LEVELS ALSO ALSO SHORT TERM WEAKNESS IS SEEN FROM THE MACD ALSO WEEKLY MACD IS SHOWING NEGATIVE DIVERGENCE FROM OVERBOUGHT ZONE
ONE CAN SHORT THE STOCK WITH STOPLOSS OF 729










Posted by Nifty Statistics
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