NTPC - Trending channel.

NTPC is moving in an upward trend channel on weekly chart, with upper band around 250. Stop loss of 193 is essential on closing basis.

Nothing in this post should be considered as an investent advice.

Please go through the Disclaimer & Disclosure mentioned elsewhere in this blog.

Tata steel - Cup and Handle pattern

TATA STEEL is forming a cup & handle pattern on weekly chart. Break above 470 with volumes can acheive the target of 520. Stop loss of 434 is must.

This is not an investment advice & is mere for an information.

Please read Disclaimer & disclosure mentioned elsewhere in the blog.

Nifty - Fibbonnaci Fan lines support

Nifty has Fan line support. Lets see whether this support holds on monday. :-)

Please go through Disclaimer & Disclosure elsewhere in this blog.