Sunday, August 21, 2011

Axis bank


Axis Bank has broken down from a descending triangle and an important trend line at 1179 so now the stock could fall down to 980 - 905 - 790.

Thursday, August 18, 2011

SBIN

SBIN has broken down from head and shoulder pattern (but on low volumes) ...... it could target 1820-1590.The stock has very strong support around 2030 levels.

Monday, August 15, 2011

Tata Power

Tata power has broken down from the down ward moving channel it was trading  for last two years........so the stock could now fall to 900 -840 levels.