Sunday, January 16, 2011

NIFTY NEXT- BPCL BUY & HOLD - TARGET 674

BPCL is looking good on Daily price charts. It is oversold for quite some time on charts and huge accumulations is seen at these levels. Buy & Hold for 674 with Stop-Loss around 583 will be good strategy for 30-45 days.
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NIFTY NEXT- AXIS BANK- WEEK ON CHARTS-SELL-TARGET-1186/1106

AXIS BANK is week on daily/weekly price charts.MACD & NNTF is moving downward.Selling for Target of 1182/1106 with strict Stop-Loss around 1235 is advisable at current levels with 5 Trading sessions.
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NIFTY NEXT- ACC some Pain left -Sell-Target 960

ACC is showing weekness on Dialy price Chart.NiftyNextFriceForecaster is down.Selling for target of 960 with Stop-loss at 1019 is recommended.
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