Friday, 21 March 2014

NIFTY AND STOCK VIEW UPDATED BY USING POINT AND FIGURE

DATE-21 MARCH 2014

Nifty 10X3 CL P&F CHART


Strategy for 21 MARCH  2014: Nifty Major trend is up because its trading above major and intermediate 45 degree trend line . From 4 February nifty has given nice move of almost 630 point . For tomorrow major  resistance is 6520,6550,6580 and  support is at 6440, 6400.from last couple of days nifty is moving in 6450-6565. Tomorrow if nifty goes below 6430 then sell signal will generate but in such a up trend we should avoid first sell signal. So no fresh trade in nifty… Be stock specific.

MCLEODRUSS Medium termPick


è  MAJOR TREND IS DOWN BECAUSE ITS TRADING BELOW MAJOR AND  INTERMEDIATE  45 DEGREE TRENDLINE 

 è     SELL MCLEODRUSS IF SUSTAIN BELOW 273 SL 283 TGT 254


RAJU RANJAN
9975606284

No comments:

Post a Comment