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Disclaimer: The following recommendations are based on the theory of technical analysis and personal observations. These do not claim for profit. We are not responsible for any losses made by traders. It is only the outlook of the market with reference to its previous performance. You are advised to take your position with your sense and judgment. We are trying to consider the fundamental validity of stocks as far as possible, but demand and supply affects it with vision variations. We may be considered interested in the following stocks to the extent ourselves, our clients and/or readers holding positions in them. Past performance of any product described on this site is not a reliable indication of future performance.



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"Anyone can be a millionaire, but to become a billionaire, you need an astrologer"

- J. P. Morgan, Founder of the Morgan Bank

 

Friday, 14th November, 2008

Wings clipped

Chart Focus

RELIANCE COMMUNICATIONS

For one way up-move will have to trade above 226 (more to subscribers)

STERLITE INDUSTRIES

Any rally to witness hurdles at 242, 257 and likely to kiss 210, 200 in negative market (more to subscribers)

SUZLON ENERGY

After kissing our target of 75 retracing to 47, 42 However, go short only on trade below 56 with similar stop-loss. (more to subscribers)

take with some lemon

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