Wednesday, 21 September 2011

Nifty Intraday & Technicals September 21st


THE STOCHASTICS OF MOST BLUE CHIPS HAVE NOW MOVED UP EXCEPT FOR  LT AND BHEL. A SHARP RISE OR MOVEMENT IN BOTH THESE SCRIPTS IS MOST LIKELY – EXCEPT BHEL HAS NO TRENDLINE OR CHANNEL TO EXACTLY FORECAST OR ASSUME A LOW FOR THIS SCRIPT.  WEDNESDAY AND THURSDAY ARE EXPECTED GREEN DAYS . 

NIFTY
Buy at / above: 5148.06   Targets: 5163.43 - 5181.4 - 5199.41 - 5217.45 Stoploss : 5130.14
Sell at / below: 5130.14   Targets: 5114.8 - 5096.93 - 5079.1 - 5061.29 Stoploss : 5148.06



BHEL – RSI -35 –STOCHASTCIS 3.8 (CAUTIOUS BUY WITH CHANCES OF UPMOVE AND STRICT SL)
Buy at / above: 1650.39   Targets: 1659.73 - 1669.93 - 1680.15 - 1690.41 
Stoploss : 1640.25
Sell at / below: 1640.25   Targets: 1630.95 - 1620.87 - 1610.82 - 1600.8 
Stoploss : 1650.39

Listed below are the volume of the last 5 days 
09/15/2011  617178
09/16/2011   1094813
09/19/2011   665712
09/20/2011   1138783


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