Thursday, February 14, 2013

BHARTIARTL: The new Valentine, can hold its hand with pleasure.

Hi friends, again come out with BHARTIARTL, but please don't say I am going bias! It is really good one, after 5th August 2011 it was continuously trading in a negative bias, and after a long long down trend it has finally come out with Higher High -Higher Low formation on its weekly chart, which means we may have a got probable reversal on its trend. And now it is trading at its higher swing low (weekly demand zone of 299.55-309), it closed on 14th February @ 311.7. Very frankly BHARTIARTL is my new valentine unless and until it break 299, if it able to hold 299 in current market scenario 362 and 402 is just a matter of time. You too congratulation for new valentine.

TATASTEEL: Trading on it's probable reversal point

Hi friends, now this is the turn of TATASTEEL, after a long long time it is trading at its probable reversal point. On weekly chart, earlier it has made a Higher low Higher High formation that indicate of probable change of trend, and now it is trading at it's swing higher low level (359-374), hope if TATASTEEL hold 359 in this current trend then above 465 just a matter of time.