ICICI BANK 14.02.11

ICICI BANK WEEKLY CHART :

RESISTANCE : ICICI BANK HAS STRONG RESISTANCE  IN THE BAND OF  1008 TO 1015 WHICH IT WILL NEED TO CROSS WITH GOOD VOLUMES IN ODER TO TARGET HIGHER PRICES

NIFTY 10.01.11

NIFTY QUICK UPDATE


NIFTY HAS CRASHED IN LAST 2 DAYS VERY HEAVILY . MY NEXT LEVELS TO WATCH OUT ARE 5725 AND 5690

NIFTY 09.01.11

NIFTY DAILY CHART :

MOVING AVERAGE: NIFTY MADE A LOW OF 5883 WHICH WAS AT  THE 100 EMA AND CLOSED AT 5904  DOWN 143 POINTS

WHAT NEXT:  NEXT SUPPORT ARE AT 5845 AND 5815

NIFTY 05.01.11

NIFTY DAILY CHART :


RETRACEMENT:  NIFTY HAD FACED AT 6185 WHICH 76.4 % FIBO LEVELS TWICE  AND HAS COME DOWN FROM THOSE LEVELS AND CLOSED AT 6079


WHAT NEXT : NIFTY HAS STRONG SUPPORT AT 6015  WHICH IS CRUCIAL LEVEL AS IT IS THE 50% OF THE ENTIRE RALLY FROM 6338 TO 5690

ABG SHIPYARD 26.12.10

BUY ABG SHIPYARD  :

APOLLO HOSPITAL

Apollo Hospital : Buy

Details will be given Shortly

Update On Recommedation

My update : First of all  happy Diwali and prosperous new year to everyone . My absence for last 1 month was because  i was  visiting kerala(God's Own Country ) with my family and friends

I am updating my recent calls and will be posting fresh calls very soon

GATI LTD :  Gati made a high of  78 after my Post but along with the market it  has corrected and is currently trading at 68.85

Next support are at 67.35 and 64.30(IMP)

Conclusion : The stock did not perform according  my expectation and from here it is likely to consolidate around this levels


COLGATE :  Colgate made high of 1004 on 9th nov with huge volumes , At the time of recommendation it was quoting at 845

Currently it is trading at 883 which above the recommended price of 845


Conclusion : The stock has performed very well giving returns of 19 %  at 1004 in about 20 days
Hope people made money on this call