ACC - Trading Idea 10th January

11/01/2013 19:11 IST: ACC has broken the triangle Pattern to the downside and giving good returns to those who shorted.

10/01/2013 17:26 IST: ACC opened around 1400 and with in 5 minutes fell below 1390 and recorded a low of 1373 and closed for the day at 1379, clearly breaching below the triangle. Hence, expect weakness in coming days with SL of daily close above 1392-1400

ACC is trading with in a triangle and is now at the lower end of the pattern. Buy ACC above 1392 or Sell below 1390. Targets for long are 1414, 1444 and Targets for Short side are 1360, 1320. Stoploss of Longs is daily close below 1390 and for Shorts daily close above 1400

Trade Direction for Nifty50 Stocks on 10th January

Trading Ideas - Century Textiles

Buy Centry Textiles above 439 with SL 423 Target 480

Trade Direction for Nifty50 Stocks on 9th January

Trading Ideas for 8th January

Buy Hindustan Zinc above 140 Target 144, 147 SL close below 139

Trade Direction for Nifty50 Stocks on 8th January

PetronetLNG - Technical Analysis

Buy Petronet LNG above 162 with targets 168, 172 and Stoploss 156

ABB - Technical Analysis

ABB has been moving in channel and now it is reversing from its lower channel line and just reached its 100EMA at 732. Buy the stock on close above 733 for a target of 774-782

Chambal Fertilisers - Technical Analysis

After consolidated for over 3 months in 63-70 range, the stock is just breaking above the range. Buy the stock at 70 with 72, 74 and 78 as initial target.

Trade direction for Nifty50 Stocks on 7th January

Trade Direction for Nifty50 Stocks on 4th January

Is Nifty Heading Towards 6465?

Unbelievable at this point of time....

Trade Direction for Nifty50 Stocks on 3rd January

Trade Direction for Nifty50 Stocks on 2nd January

Wish You Happy New Year