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past short term calls follow-up/performance***(stocks to watch)

date,stock,reco price,high,% gain at high

***all analysis are based on self chart study only, actual trading gains may vary.
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    Wednesday, August 8, 2007

    09th august 2007

    4472-4505 area is important going forward for following reasons.

    1)13dma,15dma,20dma lie in band 4471-4487
    2)there are 61.8% retracements of 4647.95-4267.15 and 4624.30-4267.15
    3)some previous resistances are in this range and the previous supporting trendline (now a resistance line) passes through this region.

    in futures,
    airdeccan,educomp,idfc,itc,ivrcl,cumminsind look good for short term buy.

    1 comment:

    arthi-kalyan said...

    I have an opportunity to visit your site. u may be aware I am also a regular visitor to vfmdirect forum where I closely observe your views on market. Regarding itc and educomp, will u please indicate entry, target and stop loss and time frame (a week or fortnight) so that I can decide investment in these scrips. Thank u in advance.

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