Monday, May 28, 2012

Stock view!!!

IGL
The stock is moving around the 200 level and the recent news of increase in diesel and LPG will have
a positive movement on the stock.
One can enter in this stock with a stop loss of 202-203!!!!

Sterlite
If the stock break the upper trend line of 100.. there can be positive movement for few days!
Price level of 110-115 can be seen in few days!!

JSW steel
the stock can be under pressure tomorrow!!!
MACD and ROC is crossing downside which indicate negative movement.
The stock is likely to move sideways for tomorrow!!

ICICI Bank
The stock moved positive and made a high of 836.50!!
ROC is showing a divergence in the movement which indicate the stock may be under pressure for tomorrow!!

Castrol
This stock is yet in a negative trend and it seems like the downside is  likely to follow in coming days!!!

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