M&M:Probable reversal?

Hi friends, take a look at M&M it is looking in a probable reversal mood. One can short M&M at Current Level 863, with strict stop loss 880, target 805.

BGRENERGY on a strong reversal mood.

Hi friends, after ECB, FED, and RBI announcement today's market is little quiet, but in this quiet market BGRENERGY silently formed HH-HL pattern on daily basis, though market hasn't closed yet, I think BGRENERGY silently done the reversal move. Though it is looking tough to define a small stop loss but on 30 minute chart and 240 minute chart both showing 271, let's cut another 1 Rupee and keep the SL 270.00 and best entry price 274-275 (CMP 277, can take a small qty) tgt will be 290, 302. First target is little small. Buy my point of view is it has changed its longer term down trend. So friend if Risk:Reward is not looking impressive for you, don't buy, besides I would like to suggest please don't short now at least. Wish you all have a happy reversal.

AXISBANK on the reversal

 Hi friends, look at AXISBANK chart, I think it is going to be reverse. I would like to take a long position. 1001-1005 will be the best level, Target will be 1114. Have a happy holding.