Date: 8th June 2015
Figure 1: Axis bank (878.30)
Though in a fixed band follow up to bull trap suggest downside. Support around 435 and down count of 487 is active. Stop is 555 on closing basis.
Though in a fixed band follow up to bull trap suggest downside. Support around 435 and down count of 487 is active. Stop is 555 on closing basis.
Figure 2: LIC
housing fin (878.30)
Many downside counts are pending. But trade to short is active if it goes below 401. Stop would be 408 on closing basis in that case.
Many downside counts are pending. But trade to short is active if it goes below 401. Stop would be 408 on closing basis in that case.
- Prashant Shah, CMT, CFTe
Disclaimer:
All information provided above is for general information purposes only and does not constitute any investment advice. The readers of this material should take their own professional advice before acting on this information.
All information provided above is for general information purposes only and does not constitute any investment advice. The readers of this material should take their own professional advice before acting on this information.
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