Sunday, 15 March 2015

Point & Figure analysis of Indian stocks

Charts this week

Date: 15th March 2015



Figure 1: SBI - Triangle formation broken down. Downside counts are open - Bearish chart

Figure 2: IFCI - Price if unable to go up, shall go down - Bearish chart

Figure 3: Titan - Column squeeze formation, down side counts open- Bearish chart


 
Figure 1: SBI 0.25% x 3 cl Point & Figure Chart


Figure 1: IFCI 0.25% x 3 cl Point & Figure Chart
 


Figure 1: Titan 0.25% x 3 cl Point & Figure Chart
 
 
 
- Prashant Shah, CMT, CFTe


Disclaimer:
All information provided above is for general information purposes only and does not constitute any investment advice. Company or Author shall not be liable for loss or damage that may arise from use of information provided above. The report is purely for information purposes and does not construe to be investment recommendation/advice or an offer or solicitation of an offer to buy/sell any securities. The readers of this material should take their own professional advice before acting on this information.



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