GUJARAT ALKALIIS & CHEMICALS.....looks to be breaking out of weekly upward channel. Daily chart shows Regular Bullish Divergence and Silver Crossover. This combo could have made price shoot up. May be, 650++ is in the offing.
L&T (larsen & toubro) is not in good health...Recent run up failed to mark new highs, while the subsequent fall is on above average volumes...That support zone of 1100-1114 should hold, else monthly close below it will not in bulls interest...
Nifty is below 50 SMA, so trend is sideways to down for the moment...Crucial levels to watch for are 9690 on downside, where we got support to today...if that goes we can have some serious trouble here...
On upside, 9790-9810 will tell what price wanna do in near term...holding that zone means bulls trying to scale higher for 50 SMA...
LIC Hsg fihttp://www.traderji.com/community/posts/1255172/editn rocking , Opening taken in cash 100 qty and again added 100 in intra and exited both within 30 min. near 2k gains again taken 50 qty in positional[/QUOTE
Anilji,
I could see a huge volume area around 375.90 - 361.25...if i look at the left to the Chart the price went high from that level and will not act as Demand zone now?