peta(pun not intended) chart analysis is something unique to my blog as described by many friends trading and analyzing mkts.
immediate support lvl by fibo seen near 12.62 p/e equivalent to 2950 on nifty. upperside if re-enters channel it will be likely to be resisted by the upper trend channel lines currently near 14 and 18 p/e respectively.
max projected downside if remains below trend channel is about 10 p/e or 2340 on nifty(its not necessary that it will get there).
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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.
disclaimer:
Twitter nifty intraday trading Updates
Sunday, October 19, 2008
fresh nifty pe chart...
Posted by
abhay r somkuwar
at
5:27 PM
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