Monday, May 12, 2014

Wipro and Tata Steel

Wipro 60 mins - Triangle (closed at 511.95 on 12 May)

Buy above 514.50, tgt 1- 526.30, tgt 2- 545.30,SL at 508.60
Sell Below 502.80, tgt 1- 491, tgt 2- 472,SL at 508.70

Tatasteel - 60 mins EW

Follow the rtrace for the rise from 396.70 till 426.90:
419.77, 415.42, 411.80, 408.24, 404.67, 402.74
(i) 3881.0 403.75 (15.65)
(ii) 403.75 396.70 (7.05)
i.(iii) 396.70 426.90 (30.20)

Since I am out of station and not able to analysis and post charts


2 comments:

  1. TS did 444 today!

    ReplyDelete
  2. Janak, yes....its time for small correction, lets c. id you noticed Wipro also did work today as per analysis.

    ReplyDelete