Indices

Monday, November 08, 2010

BSE Midcap

BSE MIDCAP (Bullish):

BSE MIDCAP is trading in a channel as per chart attached. It has taken support at lower end of channel on 29\10\2010 & made a low of 8213.04.

It can now target for at least upper end of channel i.e-8975. One can use every decline to BUY in midcap stocks with SL-8213 in short term.

Disclaimer

The views expressed are based purely on Technical studies. The calls made herein are for information purpose only. The information and views presented here are prepared by Devang Shah . The information contained herein is based on my analysis of the Charts. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it. The Investment discussed & recommended on this website may not be suitable for all. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent Views, as they believe necessary.
While acting upon any information or analysis mentioned on this website, investors may please note that neither Devang Shah nor any person connected with him accepts any liability arising from the use of this information and views mentioned herein. I may hold long or short positions in the securities/commodities discussed herein from time to time. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities/commodities, or any options, futures or other derivatives related to such securities/commodities.

Developed by HexatechSoftware.