Saturday, October 2, 2010

Market Status.

 

NIFTY Weekly: After the breakout from the chart pattern shown, NIFTY continues its northern journey. The all time high is a kissing distance away.

 

DOW weekly: DOW weekly chart was, till last week was showing a potential Head and Shoulders pattern. Now that, it has closed above the line “R”, where it had resisted two times (Shown with white dots) convincingly. The Signals are all Bullish here too, with the potential H&S averted. So, there is no harm in inferring that the northward journey will continue.

 

Given herewith, the mouth-watering profit, the subscribers of www.ftalarms.com have made. Can you resist the temptation to subscribe?

 

Garden Fresh: The Stock Selections are as follows. Please note that you may consult your broker before putting money into it.

 

  1. Assam Company India Limited
  2. The Phoenix Mills Limited
  3. Prime Focus Limited
  4. Agro Dutch Industries Limited
  5. Golden Tobacco Limited
  6. NEPC India Limited
  7. Hitachi Home and Life Solutions (India) Limited
  8. Sunteck Realty Limited

 

Maubozu pattern list:

 

  1. Steel Authority of India Limited
  2. Tata Steel Limited
  3. Infrastructure Development Finance Company Limited
  4. Sujana Tower Limited
  5. Rural Electrification Corporation Limited
  6. NOCIL Limited
  7. India Infoline Limited
  8. Anant Raj Industries Limited
  9. Nitesh Estates Limited
  10. Havells India Limited
  11. Cadila Healthcare Limited
  12. Torrent Power Limited
  13. K.P.R. Mill Limited
  14. Prime Securities Limited
  15. Carborundum Universal Limited

 

Weekly Reversal patterns:

 

  1. DCM Shriram Consolidated Ltd
  2. Eclerx Services Ltd
  3. House of Pearl Fashions Ltd
  4. Numeric Power Systems Ltd
  5. Quintegra Solutions Ltd

 

 

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES