Tuesday, May 20, 2014

Chart Analysis - Nifty, Airtel, TECHM, Hindalco,

Nifty - 60 Mins - Ascending Triangle:
Buy above 7290.70, T1 7351.50, T2 7450, SL 7260.30
Sell below 7259, T1 7198.20, T2 7100. SL 7289.40

Nifty - 60 Mins - Bull Flag:
Buy above 7290.70, T1 7324.70, T2 7380.25, SL 7273.70. Invalid below 7235.35

Retracement levels for the rise from 6639-7563 as:
7345.22, 7212.04, 7101.05, 6991.91, 6882.77, 6823.58

Retracement levels for the fall from 7563-7131.60 as:
7233.53, 7295.72, 7347.55, 7398.51, 7449.48, 7477.12


Bharti Airtel - 5 mins - Triangle
Buy above 338.90, T1 341.45, T2 345.60, SL 337.60
Sell below 337.15, T1 334.60, T2 330.45 SL 338.45


TECHM - 60 mins - Triangle
Buy above 1850, T1 1924.55, T2 2045, SL 1812.75
Sell below 1754.40, T1 1680, T2 1559.30 SL 1791.65


Hindalco - 60 Mins - Triangle:
Buy above 151.10, T1 157.55, T2 168, SL 147.85
Sell below 140, T1 133.55, T2 123.15 SL 143.20


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