Thursday, November 1, 2012

IRB looking good for swing trading

Hi friends, IRB  is now looking good for a swing trading, a long @ CMP 122.8 with a stop loss of 114 can be taken for the target 140, 145. Though it may take little long time to reach it destiny. Let's see what happen.

Tuesday, October 30, 2012

LT: Confirmed it's reversal

Dear friends; after a long long time finally LT is in a reversal mood now, yesterday (29/10/2012) LT show off its strength is over and now a confirmation given with its RSI and MACD negative divergence. As per my view one can short LT @ 1640 with stop loss 1680 tgt 1540, 1505, 1430.

Monday, October 29, 2012

WIPRO: Good opportunity to long for swing trader

Hi friends, take a look on WIPRO  chart, it is now looking good for a swing trading, price is in DZ and RSI is turning from its over sold territory, which indicate a good opportunity to buy @ cmp 341.5 with a stop loss 333.5 tgt 360, 379, 395.