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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.

Monday, 17th November, 2008

Collect Metal Stocks ?

Chart Focus

TATA STEEL

Bears getting bolder with each passing minute. Immediate support 158 and next bout of selling for 136 thereafter. Upside only above 260 (more to subscribers)

STERLITE INDUSTRIES

Similar chart patterns ! Immediate support 210 and next bout of selling for 160 thereafter. Upside only above 260 (more to subscribers)

JINDAL STEEL

Similar chart patterns ! Immediate support 710 and next bout of selling for 580 thereafter. Upside only above 830 (more to subscribers)

or dump ?

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What rose yesterday is not necessarily the best buy for today, and what fell yesterday is not necessarily a sell today !

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Entry Price

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Stop Loss

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