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Free Articles / Blog


EQUITY : UNION BANK ....BULLISH BAT PATTERN
BULLISH BAT PATTERN

After a long downward movement a positive turnaround is expected from Union Bank with the formation of bullish Bat Pattern.

19th May, 2016 7:11:25 Read more...
EQUITY : ADANIPORTS...BULLISH BAT PATTERN
BULLISH BAT PATTERN

The Harmonic BAT Pattern is considered to be one of the most accurate patterns exhibiting a higher success rate than any other harmonic patterns and requires a smaller stop loss than most patterns.

16th May, 2016 6:59:53 Read more...
EQUITY : A COMBINATION OF TRADITIONAL CHART PATTERN AND HARMONIC PATTE
BEARISH AB=CD PATTERN

Harmonic patterns are itself very precise reversal trading tool but when combined with traditional chart patterns,it forms a great combination.

18th Apr, 2016 5:25:58 Read more...
EQUITY : YES BANK IN THE LADDER OF BEARISH HARMONIC PATTERN
BEARISH ALTERNATE AB=CD PATTERN

ALTERNATE HARMONIC PATTERNS PROVIDE AN EFFECTIVE MEANS OF COMPLIMENTING OTHER SIGNIFICANT FIBONACCI CALCULATIONS, ESPECIALLY WHEN THE EQUIVALENT AB=CD IS NOT RELEVANT FOR A PARTICULAR SET-UP.

07th Apr, 2016 10:34:07 Read more...
EQUITY : BHARTI AIRTEL LTD...COMBINATION OF HARMONIC PATTERNS
BEARISH BUTTERFLY PATTERN

BUTTERFLY HARMONIC PATTERN IS A REVERSAL PATTERN WHICH INCLUDES AN AB=CD PATTERN ALSO. IT HELPS TO IDENTIFY WHEN A CURRENT PRICE MOVE IS LIKELY APPROACHING ITS END.

31st Mar, 2016 13:24:52 Read more...
EQUITY : TRADING INTRA-DAY USING HARMONIC PATTERNS
BEARISH BUTTERFLY PATTERN

HARMONIC TRADING IS A METHODOLOGY THAT UTILIZES THE RECOGNITION OF SPECIFIC PRICE PATTERNS AND THE ALIGNMENT OF EXACT FIBONACCI RATIOS TO DETERMINE HIGHLY PROBABLE REVERSAL POINTS IN THE FINANCIAL MARKETS. IT IS IMPORTANT TO NOTE THAT HARMONIC TRADING WORKS ON ANY TIME FRAME ----- INTRA-DAY, DAILY, WEEKLY OR MONTHLY CHARTS.


29th Mar, 2016 12:24:06 Read more...
EQUITY : VEDANTA LIMITED .... A SLIPPERY ROAD AHEAD.
BEARISH SHARK PATTERN

BEARISH SHARK PATTERN IS SEEN IN VEDANTA LTD. ON DAILY CHART.  THE POTENTIAL REVERSAL ZONE D(98.20) IS A VERY STRONG RESISTANCE POINT. IF THE PRICE DOES NOT BREAK THIS RESISTANCE THEN FURTHER DOWNWARD MOVEMENT IS EXPECTED. A MOVE TOWARDS THE NEXT SUPPORT AT 84-85 SHOULD MATERIALIZE.

29th Mar, 2016 12:10:45 Read more...
EQUITY : YES BANK..Bullish AB=CD & GARTLEY Pattern
BULLISH AB=CD Pattern

Harmonic Patterns are powerful Trend Reversal Set ups. You are able to Buy or Sell at the extreme levels of Reversal. The Set up becomes even more Powerful when you can combine 2 patterns together. Check this Live example of Yes Bank.

08th Mar, 2016 12:11:38 Read more...
EQUITY : Mcdowell Bullish Weekly Harmonic Pattern
UNITED SPIRITS  WEEKLY CHART

UNITED SPIRITS IS FALLING SINCE LAST 4 MONTH AND NOW TRADING NEAR 2530/2525 LEVELS. UNITED SPIRITS HAS FORMED A BULLISH HARMONIC PATTERN ON THE WEEKLY TIME FRAME.THE STOCK IS AT A GOOD SUPPORT LEVEL 2425/2400 LEVELS. STOCK CAN BE EXPECTED TO MOVE TOWARDS 2900/3200 LEVEL IN THE COMING DAYS.A BREAK BELOW 2400 WOULD NEGATE THIS BULLISH PATTERN.

03rd Feb, 2016 11:42:09 Read more...
EQUITY : Anticipated : First Target Achieved in ANDHRA Bank
Andhra Bank Anticipated on 15 Dec 2015

ON 15 DEC 2015, in 'Chart of the Week' section we updated our Analysis on Andhra bank and mentioned that "Andhra Bank is falling since last 2 weeks and now trading near 62.00 levels. The Stock is at a good support level and has just completed Bullish Bat Pattern on Daily chart. Stock can be expected to move towards 64.50/65.50 level in the coming days. A break below 60.00 would negate this bullish pattern" The Stock has met our target just in a matter of few days. To get updates for such trades register your Email ID on our Home Page,

22nd Dec, 2015 11:35:34 Read more...
EQUITY : Cairn India Bottoming Out. !!
CAIRN INDIA WEEKLY CHART

Cairn India is in strong downtrend since more than a year. The stock is highly oversold has completed Bullish Bat Pattern. These technical setups indicates that the stock has bottomed out for now and we expect the stock will take support near current level and will go upward to 170 initially and even as high as 225 in coming Months. Decline below 120 will negate this bullish technical setup.

22nd Dec, 2015 11:26:40 Read more...
EQUITY : Bullish Bat Pattern Andhra Bank
Bullish Bat Pattern  Andhra Bank

Andhra Bank is falling since last 2 weeks and now trading near 62.00 levels. The Stock is at a good support level and has just completed Bullish Bat Pattern On Daily chart. Stock can be expected To move towards 64.50/65.50 level In the coming days. A break below 60.00 would negate this bullish pattern.

15th Dec, 2015 12:30:21 Read more...
EQUITY : Relinfra..Good Shorting Opportunity !!!!!!
Relinfra Daily Chart

We Have Observed Strong Resistance In REL INFRA On Weekly And Daily Chart. Stock Has Just Completed Bearish Bat Pattern On Daily Chart And Bearish Divergence In Momentum Indicator Has Confirmed The Resistance. Stock Is Trading In A Consolidation Mode Since Last 2 Weeks Is Capped At Strong Resistance Around 420- 435 Level. Also Observed Momentum Discrepancy Reversal Down In RSI Weekly Chart. Stock Can Be Expected To Fall Around 363 - 345 Level In Coming Days.

19th Nov, 2015 10:55:25 Read more...
EQUITY : Diwali Special Report
ICICI Bank Monthly Chart

Investment strategy for this Diwali 2015!!!!!!!! Diwali is a festival of joyful colors & lights. On this Auspicious occasion we bring you our 3 BEST LONG TERMS PICKS for Wealth Creation & Prosperity. 1. ICICI Bank 2. IDEA 3. RAMCO

10th Nov, 2015 13:01:51 Read more...
EQUITY : TECH MAHINDRA: Fall as Anticipated !!!
TECH MAHINDRA DAILY CHART

On 30th of sept, in "Chart of the Week" we updated our Analysis on TECH MAHINDRA and mentioned that  " We have observed strong resistance in Tech mahindra on weekly chart near the previous Gap level. Stock is trading in a consolidation mode and holding strong resistance around 560- 585 level. Also observed bearish Rsi divergent in daily chart. Stock can be expected to fall around 525 level in coming days. Stock can be Sold at current level with stoploss of 590."

Although NIFTY traded in consolidation range, Our stock was continuously in a  downward trend and has able to come close to our TARGET.

19th Oct, 2015 12:14:11 Read more...
EQUITY : TATA STEEL...Bang on Target !!!
Anticipated - Tata Steel daily chart 5th oct, 2015

On 5th of Oct, in Chart of the Week we updated our Analysis on TATA STEEL and mentioned that "We have Recently observed good support in Tata Steel.Triple bottom pattern on weekly chart and Double bottom on daily chart Indicate Demand zone. Stock is consistently taking support at near 205-215 level. Also observed Bullish RSI divergent in daily chart. Stock is expected to Rise from current level in coming days. Stock can be Bought at current level with stoploss of 195. With a Target of 260"

BANG ON !!! The stock has tested our target zone making a high of 261.85 on 12th of Oct before retracing lower.

13th Oct, 2015 9:27:36 Read more...
EQUITY : CHART OF THE WEEK - TATA STEEL 5TH OCT- 2015
ANALYSIS ON TATA STEEL DAILY & WEEKLY CHART

We have Recently observed good support in Tata Steel.Triple bottom pattern on weekly chart and Double bottom on daily chart Indicate Demand zone. Stock is consistently taking support at near 205-215 level. Also observed Bullish RSI divergent in daily chart. Stock is expected to Rise from current level in coming days. Stock can be Bought at current level with stoploss of 195. With a Target of 260.

05th Oct, 2015 11:34:47 Read more...
EQUITY : CHART OF THE WEEK - TECH MAHINDRA 30 SEP 2015
TECH MAHINDRA DAILY CHART

We have observed strong resistance in Tech mahindra on weekly chart near the previous Gap level. Stock is trading in a consolidation mode and holding strong resistance around 560- 585 level. Also observed bearish Rsi divergent in daily chart. Stock can be expected to fall around 525 level in coming days. Stock can be Sold at current level with stoploss of 590.

01st Oct, 2015 12:24:18 Read more...
EQUITY : ONGC Long Term Elliott Wave Count
ONGC..LONG TERM ELLIOTT WAVE COUNT

ONGC long term wave count suggests that prices will soon bottom out and shoot higher in the form of iiird of 3rd of (3)rd

23rd Apr, 2015 9:44:47 Read more...
EQUITY : CHART OF THE WEEK - NIFTY 13 MARCH 2015
NIFTY DAILY CHART

Nifty break of Ending Diagonal patterns suggests some serious correction ahead.

23rd Mar, 2015 8:17:11 Read more...
EQUITY : Press Update - Vishal Dalvi, CMT conducts seminar on Technica
Seminar Update in FPJ

A seminar on Technical Analysis taken by our Director Vishal Dalvi, CMT, was reported in today's Free Press Journal NewsPaper dated 12th Jan, 2015. Here is the link to the article.

12th Jan, 2015 7:57:12 Read more...
EQUITY : TITAN INDUSTRIES..Elliott Wave Count on 5 minute Chart
TITAN 5 minutes chart as on 4th Dec, 2014 , 2.15 p.m.

Titan Industries Elliott Wave Count on 5 mins as on 4th Dec, 2014, 02.15 p.m. shows start of the next leg higher.

04th Dec, 2014 8:53:07 Read more...
EQUITY : CHART OF THE WEEK - TITAN INDUSTRIES 1st DEC 2014
TITAN INDUSTRIES - TOWARDS NEW HIGHS!

Technical Setup shows Titan industries should form a base here and head towards a new high now.

01st Dec, 2014 7:47:40 Read more...
EQUITY : GODREJ INDUSTRIES LONG TERM ELLIOTT WAVE COUNT
Godrej Industries Long Term Semi Log Chart

Godrej Industries has been consolidated for more than 5 years now around the average rate of 250. The stock is well geared up for a start of a multi month rally coming ahead based on its Long Term Elliott Wave Count.

Author: Vishal Dalvi, CMT

30th Nov, 2014 19:18:54 Read more...
EQUITY : Nifty Fractal...Is the current upmove coming to an End ?
NIFTY DAILY v/s HOULRY CHART (SPOT)

Nifty Fractal chart shows an exact resemblance in the Daily movement for last 11 months versus 1 month movement on Hourly Chart.

Vishal Dalvi

28th Nov, 2014 9:14:59 Read more...
EQUITY : CHART OF THE WEEK - MAHINDRA & MAHINDRA LTD - 22 NOV 2014
MAHINDRA & MAHINDRA WEEKLY CHART

TREND RESUMPTION ON THE UPSIDE FROM CURRENT JUNCTURE..GOOD  UPSIDE POSSIBLE WITH VERY LOW RISK

22nd Nov, 2014 10:18:08 Read more...
EQUITY : CHART OF THE WEEK - BHEL - 18 NOV 2014
BHEL WEEKLY CHART - LONG TERM BASE FORMATION

BHEL PRICES ARE FORMING A BIG HEAD & SHOULDER PATTERN WHICH SUGGESTS A MAJOR BOTTOM IN PLACE FOR THIS STOCK.

18th Nov, 2014 16:13:52 Read more...
EQUITY : CHART OF THE WEEK - SHRIRAM TRANSPORT FINANCE - 1st NOV
SHRIRAM TRANSPORT FINANCE YEARLY CHART

A BREAK FROM A 4 YEAR CONSOLIDATION. SIGNIFICANT UPSIDE AHEAD

01st Nov, 2014 12:00:42 Read more...
EQUITY : DNA Money Article - 2 Simple Ratios that show whether you mak
2 Basic Elements

Every Human Being has a default setting of wanting to be right every time he or she makes some decisions in their Life. A wrong decision made, makes you loose confidence and self doubt your own abilities. Trading in Markets is a different ball game though. This same inner feeling of "Being RIght" is your greatest enemy and should not be your Priority. So What should you look for even before being Right ?

Author: Vishal Dalvi, CMT

25th Sep, 2014 14:08:54 Read more...
EQUITY : Nifty ,DowJones and Midcaps
Nifty Daily Chart

Nifty shows divergence with Midcap and Small cap Index signalling first signs of weakness. Dow Jones poised for a major sell-off.

Author: Vishal Dalvi, CMT

01st Aug, 2014 8:53:22 Read more...
EQUITY : PSU BANKS...Running out of the Modi Fuel !!!
CNX PSU BANK WEEKLY CHART

PSU Banks have given a handsome rally last quarter but how long can this rally sustain?

10th Apr, 2014 6:52:26 Read more...
EQUITY : Effective Harmonic Trading Pattern & Relative Strength Analys
TCS : TCS/Nifty  Daily chart: (Absolute & Relative chart)  Anticipated on 19th Feb

Harmonic Trading Pattern can give you brilliant entry levels for a Low Risk High Reward Trade with Specific Targets and Reversal Levels. Below is an example from our Equity Short Term Update Report.

Author: Rishi Asrani, Senior Technical Analyst

20th Mar, 2014 11:37:36 Read more...
EQUITY : A Dreadful Auto Crash Ahead !!

BSE Auto Time Cycle Update suggests that the Jan 2014 highs should be intact till Mid Year 2015 and there should be a significant correction from here on.

Author: Rishi Asrani, Senior Technical Analyst

11th Feb, 2014 7:35:25 Read more...
EQUITY : Best Trade Setups using Elliott Wave Principle, Fibonacci & R
Godrej Industries Daily chart: Anticipated on 18th Nov

Elliott Wave Principle when used along with Fibonacci and RSI techniques can identify very low Risk Opportunity in stocks for fetching significant moves. Below are few examples of our Trades mentioned in  the Equity Report.


Author: Rishi Asrani, Senior Technical Analyst

17th Jan, 2014 9:14:01 Read more...
EQUITY : The Equity Short term update:
Dish Tv Daily chart Anticipated on 27th Nov

Elliott Wave Principle when coupled with other tools like Candlestick and Fibonacci can fetch excellent trading setups with very low risk. Here is example of 2 stocks Dish Tv and Coal India which we covered in our Equity report recently

Author: Rishi Asrani, Senior Research Analyst.


18th Dec, 2013 10:29:28 Read more...
EQUITY : SBIN v/s HDFC Bank Relative Strength Comparative
SBIN v/s HDFC Bank RSC Hourly chart Anticipated on 12th Nov which was published in our

This article was published in our daily "The Equity Short Term Update" where we anticipated SBI bank to outperform relatively than HDFC bank.


Author: Mithil Doshi

04th Dec, 2013 7:13:16 Read more...
EQUITY : WHAT AN IDEA SIRJI !!!
66 Week Time cycle

IDEA chart is displaying a precise Time Cycle of 66 weeks. Our study on Time Cycle & Relation Strength Comparison shows that the stock has some more upside and the out-performance will continue relative to Nifty & Bharti.


Author: Ritesh Patel


09th Oct, 2013 12:21:19 Read more...
EQUITY : RSC- Relative Strength Comparitive can be an extremely effect
Hindalco / Tata Steel Daily Ratio chart

The best way to compare the strength of one security against a market index is to use the Relative Strength Comparison (RSC). The RSC actually compares a security's price change with that of a "base" or benchmark security here is an example picked from our daily report where we used Hindalco and Tata Steel.

Author: Rishi Asrani, Senior Research Analyst.

03rd Oct, 2013 8:19:52 Read more...
EQUITY : The Equity Short term Update

Equity Markets have been the most challenging in September. Our Daily Report "The Equity Short Term Update" has helped our clients to catch the significant trend at right time and  book remarkable profits. Below report (published on 5th Sept 2013) captured a perfect scenario of accurate forecasting & anticipated happened.

Author: Rishi Asrani, Senior Research Analyst.

http://www.wavesresearch.com/downloads/144354217-the equity short term update 20130920.pdf



20th Sep, 2013 5:24:36 Read more...
EQUITY : Will Mr.Narayan Murthy Save Infosys ?
2-4 Trendline at Work !!

Infosys has had a good run up since Mr. Narayan Murthy resumed back in June 2013. While the stock has been in a brief consolidation within a broad range for almost two years, we believe, it should soon start its next leg down.

Author : Vishal Dalvi. CMT

11th Sep, 2013 8:38:22 Read more...
EQUITY : A Classic example using Time Cycle & Moving Average to captur
BSE OIL & GAS INDEX Monthly chart:

A Sideways to positive move expected ahead for BSE Oil and Gas Index prices, before giving a bigger trending move suggested by time cycle which is likely to take place in May 2014
Author: Rishi Asrani, Senior Research Analyst.

17th May, 2013 10:41:02 Read more...
EQUITY : Tata Steel..A perfect show of Ending Diagonal
ANTICIPATED ON 17th April 2013 - TATA STEEL 15 mins chart

Tata Steel shows a perfect example of how a Ending Diagonal breakout works after a five wave decline. This is how Elliott Wave Principle helps you capture 5-10% moves on smaller time frames.

Author: Vishal Dalvi, CMT

09th May, 2013 12:12:54 Read more...
EQUITY : Near term bottom in Tata steel & Metal Index !!
Tata Steel 15min chart

Using Elliott Wave Theory & Relative Strength Comparative, we expect near term under-performance of Tata Steel & Metal Index bottoming out.

Author: Rishi Asrani, Senior Research Analyst.

22nd Apr, 2013 13:21:11 Read more...
EQUITY : Bank Nifty does it once again !!!
ANTICIPATED ON 28TH FEB

We had mentioned in our previous update on 28th Feb that Bank Nifty should give a fall of around 700-1000 points based on our Time Cycle study.....The analysis has worked to precision.

Author: Rishi Asrani, Senior Research Analyst.

21st Mar, 2013 7:46:15 Read more...
EQUITY : Copper Time Cycle Update !!!
Copper COMEX Daily Chart

Copper COMEX 38 Day Time Cycle has been spotting precise reversal dates. Currently prices have approached a reversal date suggesting that prices may see some sideways to positive consolidation before the next big fall.

Author: Vishal Dalvi, CMT

13th Mar, 2013 14:34:17 Read more...
EQUITY : The outperformance of FMCG since 2008 in comparison with BSE
BSE FMCG/BSE SENSEX Daily Ratio chart:

The outperformance of FMCG since 2008 in comparison with BSE Sensex is showing signs of Topping out. FMCG Index was outperforming BSE Sensex since 2008 and with the use of Ratio Analysis we expect FMCG Index to start under perform BSE Sensex now.

Author: Rishi Asrani, Senior Research Analyst

12th Mar, 2013 6:31:10 Read more...
EQUITY : Havells India should start its downtrend....
Havells Weekly chart :

Havells India is trading near crucial levels and we expect price should move lower.

Author : Ganesh Burkul.

06th Mar, 2013 11:47:40 Read more...
EQUITY : Bank Nifty Time Cycle
Bank Nifty Daily chart :

A cycle is an event, such as a price high or low, which repeats itself on a regular basis. Cycles exist in the economy, nature and the financial markets. Theory asserts that cyclical forces, both long and short, drive price movements  in the financial markets.
Author: Rishi Asrani, Senior Research Analyst

28th Feb, 2013 6:04:20 Read more...
EQUITY : CNX Pharma would underperform Nifty
CNX Pharma Weekly chart :

In a falling market it is important to sell an under performer & the below ratio chart suggests under performance of Pharma index vs Nifty index going ahead.
Author : Ganesh Burkul

27th Feb, 2013 8:32:42 Read more...
EQUITY : Ratio Analysis On BSE Capital Goods / BSE Sensex
BSE Capital Goods / BSE Sensex Daily Ratio chart :

Capital Good offers a good selling opportunity while you hedge it with Index. Ratio chart of BSE Capital Goods relative to BSE Sensex suggests that it may continue to underperform the Broader Market.

Author: Rishi Asrani, Senior Research Analyst


18th Feb, 2013 10:13:36 Read more...
EQUITY : Ratio analysis on RIL v/s GAIL
RIL / GAIL Daily Ratio chart: (Long RIL / Short Gail) Anticipated on 22nd Jan

Relative strength comparative offers  an excellent tool to see the out performance of a particular stock. We have shown a ratio of RIL v/s GAIL chart which suggests the out  performance of RIL. Prices moved as anticipated and have achieved our first target ,we expect ratio to move higher towards our next target. 

Author : Rishi Asrani, Senior Research Analyst

30th Jan, 2013 13:40:23 Read more...
EQUITY : Trading HUL with the help of Elliott Waves
HUL Anticipated on 13th Dec

Chart of HUL shows how Elliott Wave Principle along with Classical Patterns can be used effectively to trade. We recommended sell on this stock on 13th Dec and prices are down 6% since then.

Author: Rishi Asrani, Senior Research Analyst

21st Jan, 2013 9:09:23 Read more...
EQUITY : Trading using Elliott wave...ITC Ltd. 15 mins chart

Here is an example of how perfectly Elliott Wave counts works on 15 mins chart and can be used to trade effectively. ITC Ltd. shows a clear 5 wave structure along with an ending diagonal followed by a steep fall as anticipated.

Author: Vishal Dalvi, CMT

13th Dec, 2012 18:30:48 Read more...
EQUITY : CNX Media Index should continue its outperformance.
CNX Media Index Weekly chart: (Semi log) -Anticipated on 1st Oct

For CNX Media Index we have shown the relative strength comparative indicator in relation to Nifty Index prices which has given a positive confirmation with a break above the 3 year bearish downtrend line. In the medium term we expect CNX Media should relatively outperform the broader Index.

Author: Rishi Asrani

11th Dec, 2012 7:03:26 Read more...
EQUITY : Copper should start the next leg up !!!
COPPER COMEX DAILY CHART

While we are very bullish on bullion this Diwali, the red metal Copper also offers a very good Risk-Reward buying at current levels. Wave Counts, Trend line study, Time Cycles suggests that the bottom is near and we may see the next leg starting soon.

Author: Vishal Dalvi, CMT

12th Nov, 2012 11:28:02 Read more...
EQUITY : Nifty should continue to outperform Dow Jones !!
DJIA vs NIFY - ANTICIPATED

We published in "The Equity Short Term Update" on 15th Oct, 2012 that Nifty may outperform Dow Jones. While we have been right predicting it, Ratio chart suggests this out performance of Nifty may continue.

Author : Rishi Asrani 

09th Nov, 2012 11:59:28 Read more...
EQUITY : Long Term Forecasting using Elliott Wave Principle - HDFCBANK
MARUTI WEEKLY Semilog Chart

Elliott Wave Principle is one of the best tools we know which can be used to forecast long term trends and levels. Watch the long term forecasting for HDFC BANK, MARUTI and TATA GLOBAL published in our "The Equity Short Term Update" report.

Author: Rishi Asrani, Edited by Vishal Dalvi, CMT
 

06th Nov, 2012 6:09:49 Read more...
EQUITY : Technical Analysis on Ratio Chart
Auto index NIFTY Relative Strength Chart

Relative Strength Charts are used to see which sectors would relatively outperform the overall Index. All Technical Analysis tools work the same as they do on an individual scrip or a index. Here is an example of Auto Index relative to Nifty Index from our Daily report.

Author: Vishal Dalvi, CMT

Published from "The Equity Short Term Update" Dated 01 Oct 2012

27th Oct, 2012 14:12:25 Read more...
EQUITY : DLF Chart - Point & Figure Charts are Useful too !!!
DLF P&F chart - ANTICIPATED

Very rarely used Point & Figure Charts can sometime fetch very good trading set ups. DLF showed a very good sell set up and we grabbed the opportunity to sell it !!

Author : Rishi Asrani

Published from "The Equity Short Term Update" dated 18th Oct 2012

 

27th Oct, 2012 13:49:41 Read more...
EQUITY : Reliance Industries...A Classic Head & Shoulder Pattern !!
Reliance Daily Chart - ANTICIPATED

Reliance displayed a texbook Head & Shoulder pattern. We anticipated the breakout and prices eventually hit our target perfectly !!!

Author : Rishi Asrani

Published from "The Equity Short Term Update" Dated 07 Aug 2012

26th Oct, 2012 14:22:26 Read more...