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Sunday, February 27, 2011

Finance Sector ..



Observation
1) Trendline - Downtrend ( Bearish)
2) HH - Formed Lower High but not yet formed lower low
3) MACD - Bearish but Histrogram is going up ( Bullish Divergence)
4) RSI - Bearish but Bullish Divergence
5) ADX - Momentum Weak and Bearish
6) Sto - Bearish but Bullish Divergence

Conclusion
Entry Price - 13625 ( For Bullish Harami)
Stop Loss - 13500
Take Profit - 13830 (R1) ,13915 (R2) and 14061 (R3)

Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)
http://edwinextremebullrun.blogspot.com/search/label/FORUM

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