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#2514
6th June 2008, 03:42 PM
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Re: Today's Buy Levels
Quote:
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#2518
10th June 2008, 08:33 AM
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Re: Today's Buy Levels
skarpio,
IFCI in 60 min chart has made 3 Highs at 65.00 / 62.50 & last one 62.30. Similarly 3 Lows at 57.50 / 57.40 & last one 56.15. Hence as per Saint's method IFCI is in Downtrend. Now if it can make a Lower High (which i think yesterday's 3pm bar's High @ 59.45 may qualify ) with another Higher Low than 56.15 then it can Qualify as a Long Set-Up. After that breaking the High may be our Buy & we may then look at ( 5 or 10 mins chart) for Entry point with Stop (1 tick below ) that Higher Low. This is as per Saint's method. It has closed the Gap formed by yesterday's Opening Bar in comparison to Friday's closing bar. I think to-day it may take support at 57.95 to 57.50 region if that really happens then the Stop would be 56.95 for any Long. Asish N.B. The chart of Bank of Baroda seems interesting for any Long the Stop is 219.95 for 1st 15 mins.
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#2519
10th June 2008, 08:55 AM
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Re: Today's Buy Levels
Quote:
BANKBARODA -- doesn't it need to fill the recent most gap between 224 and 240 (roughly)?
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