Friday, August 21, 2009

comments on future stocks

Reliance : Moving in 200 ruppes range from last one month---formation of bearish " M" Pattern--below 1850 its turned sideways to bearish---till it hold 1955 resistance its sell on rally---lower side target expected lower target at least up to between 1650--1580 ( may be in same month)
Rcom---strong resistance near 255----sell on rally with stop of 256 on rally, bearish sell on rally
LT:--strong resistance near 1540---support near 1355----moving in a trading range--sell on rally and buy on dip till in in above given range
DLF: resistance near 383---support near 365----sell on rally its it below 383---and Buy on dip till it hold 365---below 365---next lower target 330---305, bearish recommend sell on rally

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