Thursday, 11 April 2013

Wednesday, 10 April 2013

Bajaj Auto Ltd


Bajaj Auto is showing initial strength. Shud break 1730 - 1738 levels now to move further to 1780 levels.

ICICI Bank Ltd


ICICI Bank showing a strong positive MACD Divergence on Daily charts.

ITC Ltd


ITC showing a strong +ve divergence on hourly chart. But has a strong negative trend in daily charts. Its better to stay away for a while until we get confirmed non conflicting signals.

Larsen & Toubro Ltd


Larsen 240 M chart showing formation of positive MACD Div. along with the ADX negative strength weakening. 

Tata Motors Ltd


Tata Motors 240Min. Showing signs of recovery.

NIFTY - Daily


NIFTY Daily chart. Same pattern seen as on Hourly and 240 M charts.

NIFTY 240


NIFTY 240 M chart. The same formation as seen in the below given hourly chart.

NIFTY - Hourly


NIFTY hourly charts show formation of MACD +ve divergence with bull power in line with bear power.

NIFTY


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