Tuesday, October 25, 2011

Technical Analysis for day 25/10/2011

Hi Guys,
First of all A very "Happy Diwali" to all Traders!!!

Our Long call in Bombay Dyeing is still intact, medium to long term trader must have stop loss below 390 on closing basis only. If it comes below 390 what first thing it has to do is to break Trendline which shows strong bull trend for this counter. We guess if it breaks below this Trendline then there is no reason to be with Bombay Dyeing further. Trendline is the most trusted indicator in technical Analysis and it shows very early sign of reversal or change in Trend.

Infy is looking good for short to medium term, one can buy this stock with strict stop loss around 2780 with target of 3000-3020.

Celebrate this Diwali with full of Joy and Peace.

See syllabus for Technical analysis training in Mumbai,India.

Please read our disclaimers before investing http://tradingkamai.blogspot.in/p/disclaimer.html

No comments:

Post a Comment