Friday, April 16, 2010

Bank Nifty's deeper correction might end @ 9200.

Author: Ilango | Posted at: 7:44 PM | |
1. Bank Nifty 2. RIL 3. SBI 4. Tata Steel 5. Rel.Capital.


3 comments:

ramsfm on April 17, 2010 at 11:45 AM said...

Dear sir,
Can you also update RELCAP chart with current wave..
Thanks,
Ramesh.

Ilango on April 17, 2010 at 7:20 PM said...

Hi..ramsfm,

I have uploaded the Reliance capital file for you. I am not quite convinced of its wave count.Being a high beta stock and it follows Nifty's direction quite well. Till some clarity emerges, this stock need to be traded based on TA which has been down for some time now.

680 & 890 are likely to be decisive...(approx. levels and could be fine tuned in the days to come).

ramsfm on April 17, 2010 at 8:22 PM said...

Thanks sir..

Post a Comment

Subscribe to: Post Comments (Atom)