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October 31, 2012

Technicals

Nifty's support of 5630-45, till yesterday will act as resistance now. It is retracing now from 5620 range.
Nifty SAR for tomorrow 5659.  

I have limited / reduced the technical studies to:
1) 10 D EMA / SMA
2) MACD
3) TRENDLINE

BUY TCS:  MACD CROSSOVER, ABOVE 10 D SMA
BUY INFOSYS : ABOVE 10 D SMA, (ON SUSTAINING ABOVE 2370)

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