Monday, June 15, 2009

Expanding Triangle visible in Daily Charts








The presumed expanding triangle is now more clearly visible ,even on daily charts,,the pattern is beautifully converting now from intraday charts to daily charts.
charts of a few weaker stocks were presented here, and readers were advised not to sell blindly at open ,but to sell on WEAKER RALLIES....bhel ,larsen and reliance capital ..gave extremely good results on selling after they rallied in the morning.
all three charts of bhel,larsen and r-cap...were updated as on today,,,yesterday tgt for larsen was given as 1500..it came upto that level,,bhel tanked to first support levels given yesterday...and r- cap went down heavily below 966...suggested level to sell.



1 comment:

Anonymous said...

nice charts n good analysis.....