HeshTechnicals

Wednesday, January 26, 2011

Technical Call

Dear Friends,

Sensex movement very rang bound & operative movement seen in previous days. Here many traders trapped badly without analysis trades. Here only way to hold long positions with delivery base stocks.

RelianceIt is not performing well from many weeks. Here you can see support trend line exactly near 950 on daily basis. Simply you have to track this stock near 950 & "Risky Investor: buy till 925 with expecting some bounce back. Invest partially so below 925 also do average properly. RSI also on supporting level.













Powergrid: It's Fpo given nice return to all. It stand near verge breakout. If closes above 100 then Tgt should be 105, 108,113 SL 94. Lesser volatile stock. RSI on positive Trend which is good sign. Good for Long term Investment same like NHPC (which was given with chart in previous posts)














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