17700/18100 would become levels to watch !

by Admin on March 16, 2010 7:47 pm


Sensex Technical View :

Sustaining above the 61% retracement level for last few days indicates good strength. Ideally the index should even try the upper end of the channel which could be closer to 18k but first some pause shud come around the previous top of 17700.

As of now stock specific moves would be more dominant.

MORE DETAILED POSTS from tom … Still a bit lazy icon smile 17700/18100 would become levels to watch ! after 2 off days

TECHNICAL ANALYSIS SESSION


CHENNAI – March 27-28

 Interested people call Nooresh 09819225396 for details/confirmations or mail to analyseindia@gmail.com.


We may also be conducting a seminar in Chennai on Basics of TA and Sensex long term view

Just a quick technical view on few stocks

1254 Suntv 17700/18100 would become levels to watch !
1256 Excel%2BCrop 17700/18100 would become levels to watch !

FEW DAYS back had mentioned about Agro space getting attention and Bayer Crop/Excel crop lookin good.

The chart above shows an excellent rounding pattern. Earlier had covered Sabero,Insecticides india at lower levels which have surprised heavily in this sector.

Investors with more then 6 mths to 1 yr view point can buy on current levels and dips but would need more patience.

1258 Aban 17700/18100 would become levels to watch !

Regards,

Nooresh


Related posts:

  1. Time to be very selective after booking partial profits.
  2. 17100-300 and 18100 are levels to decide on …
  3. Excel Crop advised at 160 now 200 … Hold
  4. Profit-Booking or Selling? – 17800/18100 levels could give the answer
  5. 10500 and 10900 next are levels to watch for as stock specific moves continue!

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