GTLINFRA

HI ALL
THIS IS CHART OF GTL INFRA FOR ONE OF MY FRIEND THIS IS VERY SIMPLE CHART WHICH MOVE IN A BAND ALL THE TIME CURRENT BAND LEVELS ARE 50-40-35-27
ANY BREAK OF 50 LEVEL WITH TWO CLOSE ABOVE IT CAN GIVE GOOD RISE OF 50%
ONE IMP CONSIDERATION IS IT SHOULD NOT CLOSE BELOW 35 FOR TWO WEEKLY CLOSE OTHERWISE IT CAN GO TO SLEEP MODE
THANKS AND REGARDS
DIVYESH PALRECHA




WE AND OUR CLIENT CAN HAVE POSITION IN ALL THE STOCK AND FUTURE THIS POST ARE FOR DISCUSSION AND NO RESPONSIBILITY WILL BE TAKE FOR ANY TRADE PLEASE NOTE

TOO FAST TO FURIOUS

HI ALL
IT WAS BLACK SWAN MONTH OF MAY WHEN IF RISE REMARKABLY
ONCE AGAIN MARKET SAYING US NOT TO BELIEVE UR BRAIN LOOK THE NUMBERS U CAN BE WRONG NUMBERS CAN NOT.
WELL AT THIS JUNCTURE I TRY TO GIVE SOME GUIDELINE ABOUT MKT BRODER VIEW
SINCE MKT UNABLE TO CROSS 61.8% RETRACEMENT LEVEL OF 4800 BEAR IS STILL ALIVE GUYS THEY CAN HIT BACK ANY TIME BUT SINCE MKT IS WELL ABOVE 200DMA AND 100DMA IS ALSO WILL CROSEE ABOVE 200DMA(BULLISH SIGNAL BASED ON MOVING AVG CROSS OVER)WE ARE IN BULL MKT SO ONE CAN BUY NIFTY OR STOCK AT 4000-3600-3400 LEVELS THEY ARE RETRACEMENT LEVELS WITH SL OF 3300 .
I THINK MKT WILL NOT GIVE ANY CLAER RISE TILL OCT 09 AS IT RISE TOO FAST WITHOUT BREATH U ALL KNOW IMPACT OF IPL ON INDIAN TEAM OUT OF SHAPE FROM WORLD CUP
SO THIS BREATHING WILL GIVE OPP TO ACCUMULATE AS THIS WILL BE LAST FALL I ASSUME IN MKT TILL 3300 OR 2300 ONLY TIME WILL TELL
TAKE CARE