Tuesday, April 17, 2012

Views on stocks!!

JSW steel turned negative today but sustained to close above 750 as told yesterday the good support!!! Still seems to be positive!!

M&M went down today and again took support at 8 days EMA, as it did yesterday and showing a sign of short term positive movement!! Divergence is seen in MACD and RSI with good volume in last two hours, can expect positive movement tomorrow till 690-700!!!

IFCI today was volatile where good volume was seen bull candle(hourly candle) and dogi is formed!! once above 43.50... with volume upper side trend can be achived!!!

KRBL will move up once it crosses 20.50 with good volumes!! MACD has crosses the line from down to up... give a signal of up side!!!

Sterlite showed a good volume above 107!!! positive movement can be seen!!!

The writer wont be responsible for any profit or loss if traded following my blog!!! this is just for educational purpose!!

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