Saturday, November 22, 2008

MKT NEWS

I like this set up because it's gonna screw up a whole buncha people. Illusion part 2 coming up! Careful!

Relief comes at last after 7 days of continuous fall. But now there is a funny situation at hand - during this fall, we have created so many resistances on the way up and it is difficult to imagine a clean climb back to 3200~ levels. We will take a look at the weekly chart and the usual sectoral comparison tomorrow.

Watch the top trend line resistance for the pullback rally (hopefully). The markets are looking like a troubled submarine at the bottom of the sea, trying to surface.

IOBK BSE Indian Overseas Bank Descending Continuation Triangle 63.45 10.00 - 21.00 Long-Term Bearish
IOBK NSE Indian Overseas Bank Descending Continuation Triangle 63.90 11.00 - 21.00 Long-Term Bearish
Alert Criteria: Stocks (Any Indian Exchange); Price at least 5.00; Classic Patterns; Bearish; Daily Events; Pattern Duration at least 25 days.
Symbol Exchange Name Event Close at Event Target Price Range Opportunity Type
ACRI BSE Acrysil India Ltd Downside Breakout 58.80 39.00 - 43.00 Intermediate-Term Bearish
ANGA NSE ANG Auto Ltd Descending Continuation Triangle 33.00 14.00 - 18.00 Intermediate-Term Bearish
BFER BSE Bharat Fertiliser Inds. Ltd. Downside Breakout 22.45 10.00 - 13.00 Intermediate-Term Bearish
BHAN BSE Bhansali Engineering Polymers Ltd Continuation Diamond (Bearish) 9.00 6.50 - 7.00 Intermediate-Term Bearish
HIND BSE Hind Industries Ltd Descending Continuation Triangle 11.25 5.25 - 6.50 Intermediate-Term Bearish
IOBK BSE Indian Overseas Bank Descending Continuation Triangle 63.45 10.00 - 21.00 Long-Term Bearish
IOBK NSE Indian Overseas Bank Descending Continuation Triangle 63.90 11.00 - 21.00 Long-Term Bearish
KAJR NSE Kajaria Ceramics Ltd Descending Continuation Triangle 25.20 14.50 - 16.50 Intermediate-Term Bearish
KPIT BSE KPIT Cummins Infosystems Ltd Symmetrical Continuation Triangle (Bearish) 26.35 11.00 - 14.00 Intermediate-Term Bearish
NHIE NSE Nahar Industrial Enterprises Ltd Descending Continuation Triangle 28.05 16.00 - 19.00 Intermediate-Term Bearish
NIRL BSE Nirlon Ltd Descending Continuation Triangle 21.10 8.00 - 11.00 Intermediate-Term Bearish
PROC BSE Procter & Gamble Hygiene & Health Care Ltd Symmetrical Continuation Triangle (Bearish) 737.30 591.00 - 619.00 Intermediate-Term Bearish
SBKL BSE Sundaram Brake Linings Ltd Descending Continuation Triangle 108.45 64.00 - 73.00 Intermediate-Term Bearish
SLVR BSE Silverline Technologies Ltd Downside Breakout 6.98 4.50 - 5.00 Intermediate-Term Bearish
SWAN BSE Swan Mills Ltd Symmetrical Continuation Triangle (Bearish) 36.65 1.00 - 8.00 Intermediate-Term Bearish
TIIN BSE 3I Infotech Ltd Descending Continuation Triangle 34.35 13.00 - 17.00 Intermediate-Term Bearish
TONP BSE Tonira Pharma Ltd Downside Breakout 9.50 5.90 - 6.70 Intermediate-Term Bearish
TORP BSE Torrent Pharmaceuticals Ltd Downside Breakout 120.75 41.00 - 55.00 Long-Term Bearish




No comments:

PAID SERVICE IS OPEN NOW

WE HAVE LAUNCH OUR PAID SERVICES:-

LIMITED OFFERS:
LIMITED SEATS:
LIVE MESSANGER TECHNICAL GUIDE DURING MKT HOURS:
TO JOIN OUR SERVICES: ADD YAHOO ID: ASHRAFVAHORA@YAHOO.COM

INTERESTED CANIDATE CAN DROP THEIR EMAIL TO AAYESHATECH@HOTMAIL.COM































































DISCLAIMER

Aayeshatech sites and it's sub sites is a forum for expressing views. Members recommending stocks may have positions, thus having vested interest in the same. Members are requested to do their own research and/or consult a certified financial planner before making decisions with respect to buying and selling of stocks or derivatives.

Aayeshatech sites and it's owner and moderators do not take any responsibility for views expressed in this forum and any consequences including financial, legal or otherwise resulting from actions based on such views.

The views here are for educational purposes only.
Powered By Blogger