Inverse head and shoulder formed on daily chart and the price can go upto 175/190 levels in a short term as breakout from inverse head and shoulders took place and also pull back happened. It is right time to enter at this level of 158/160 and wait for a month for the said targets. In January, 2013 RBI is likely to cut lending rates which will also push the stock upwards. Its a lot of 2000 and is advised to buy two lots of Jan2013 futures and hold till further advice. Review will be posted every alternate day.
congratulations sir for the blog and for the analysis
ReplyDeleteThanks for the comments. May I know who is this?
Deletearun
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