Tuesday, 21 July 2015

P&F charts - HDIL & Rpower

Date: 22nd July 2015

 
Ultra cem went till 3369 & achieved the count.
 
Figure 1: HDIL (86.95)
Double bottom followed by bearish 100% price action. 78 and lower is possible if close doesn't occur above 89.
Figure 2: Rpower (44.15)
Bull trap breaching bullish trendline. 10%+ cut is possible unless price close above 45.25.
Figure 1: HDIL 0.25% x 3 cl Point & Figure chart
Figure 2: Rpoweer0.25% 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. The readers of this material should take their own professional advice before acting on this information.

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