Tuesday, June 28, 2011

ICICI BANK NEAR RESI..BULLS OR BEARS WAR??? THINK BOTH SIDE.!!

ICICIBANK :- AS PER 1ST DAILY CHART WE SEE ITS CLOSE NEAR LONG TERM RESISTANCE
LINE, AS PER 2ND CHART WE SEE 1086 IS 200D SMA,  DAILY MACD IS ALSO IN BUY
MODE AND 14 DAY RSI IS ALSO ABOVE MEAN LINE(50),



BULLISH BUY ::  ONE CAN GO LONG ABOVE 1086 WITH SL OF 1070 FOR TGT 1096, 1128, 1139.
BEARISH SELL ::  SELL THE STOCK  WITH A SL OF 1091 AT OR NEAR 1085 AREA FOR TGT OF 1067, 1058

HOLD OUR LAST DAY CALL OF LIC HSG FIN.. WITH A SL OF 229.. FOR TGT OF 241

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