May 14, 2010

ABAN OFFSHORE
  • ABAN OFFSHORE has support around 800 region.
  • trading below 800 the stock may slip to 600 region.
  • NIFTY HOUR chart gave a very simple entry at 5170 region today when it broke the hourly up trend line. 
  • Some times it's easy But the difficult part is to wait for the easy trade to come
thank you


  • India bulls real estate MACD week has given a buy signal.
  • An important trend line has broken which is positive for the short term.
  • Now the triangle will break on the upside in the coming weeks. 
  • will update it when the break out happens.
thank you

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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore