ICICI

ICICI can give a good move of 60 odd bucks above 1130 but it should be bought only above 1130.


Cheers
Chirag CM

Bharti Airtel... Waiting for Breakout

Bharti Airtel seems on the verge of Breakout. It was trading in the range of 310-360. Closing above 380 would give an immediate run to 430.


Cheers Chirag CM

Petronet..... A breakout Buy

As suggested by Mr.Pratik, Petronet looks awesome on Charts. It has tried to break 130 levels two-three times in the past but now has finally managed it. One can enter the trade with the stop of 130 and tgt of 145+ in couple of weeks from now

Sincere thanks to Mr. PratikM

Cheers
Chirag CM

HDFC LTD.. A superb Inv HnS

 A superb Invert HnS was formed by HDFC Ltd few days back and now it has again came to test its neckline. Seems a good opportunity of buying with the immediate stop loss of its neckline price i.e 685. 1st target for the same is around 740. Achieving that will open the doors for 765 and 780.

Have a happy trading.....

Chirag CM

This is called Hammering.......

Infosys was hammered on last trading days due to poor performance over street expectations. IT giant was screwed with woppie 10 times of its avg daily volume..

Cheers
Chirag CM

SBIN... Badi bank Back in Action

SBIN is hovering around 2780 which has proven as a good support as well as resistance level in past. 200 DMA is also around 2795. If it manages to close above 2790 target would be 100 bucks more from the current levels.

Cheers 
Chirag CM

IRB infra. Quick View

IRB is trying to break its Trend line. If it manages to break it the tgt falls near to its 200 DMA 239.

Cheers
Chirag CM

ITC... Update

ITC has crossed its upper trend line with a superb volume. It is also at 52 week high. It shows target of 195 with the stop of 180.5

Chart is beauty here.

Chirag CM