Technical Analysis of Stocks @ a critical juncture.

Stocks have more or less achieved their minimum targets.

Tata Steel is showing +ve div with "near" completion of a 5 waves.

IcicBank has reached the lower range of its Mid consolidation range of 775 to 1000 offering good trading moves.

Infosys is reaching overbought levels but yet to signal a reversal.

RIL, after a weekly reversal & a rally, has now pulled back & rallied again to close above 50sma.

SBI poised for a reversal...If stays above its DLEma.

Week/ Month are yet to show a reversal.

Aggressive traders may attempt longs based on ST signals.

D

elivery traders may start part longs during pull backs or falls towards lows keeping 2% from the recent lows as a SL.

1. IciciBank (10th Oct)

2. Infosys (10th Oct)

3. RIL (10th Oct)

4. SBI (10th Oct)

5. TataMotors (10th Oct)

6. Tata Steel (10th Oct)