Friday, January 14, 2011
Thursday, January 13, 2011
Wednesday, January 12, 2011
Tuesday, January 11, 2011
BN has closed below all time frame Emas.
Till a reversal pattern is spotted, sell into all the rises. There could be bounces from oversold conditions: play them with caution. For eg: If trades above today's pivot or ORB high, then trade and look for follow up confirmation to move above VAL(10876-BNF). On the contrary, when such a bounce finds resistances, sell. If I find a short term chart showing +ve div, I will post them. All daily charts are in down trend.
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Monday, January 10, 2011
BN continues to be oversold, ripe for a bounce.
Though the short term is highly oversold, it can continues to remain for few more hours too. Allow the market to show some intraday +ve div for confirmation of a possible bounce. Till then trade with the trend.
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Sunday, January 9, 2011
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