December 26, 2012

Rising Wedge of HDIL

  • HDIL Has given a good breakdown from the rising wedge pattern. Those who spotted this pattern early would have entered a safe short trade. For now stock has reached the Lower bollinger band in daily time frame a potential support level one should be careful of taking short. 
  • Price is testing 50 Day SMA. Seeing the pattern there exist possibility of more falls so one should try to short at higher levels.
  • SBI CHART ANALYSIS
  • TCS CHART ANALYSIS
  • BANK NIFTY LIVE CHART- 5 MINUTES TIME FRAME
-->

No comments:

Post a Comment