AUTOMATED TRADING

AUTOMATED TRADING

31 July 2011

RELIANCE


RELIANCE HAS GIVEN CLOSING BELOW ITS YEAR LOW 828. WATCH 524 LEVEL  CAREFULLY, IF BREAK ONCE WITH VOLLUME WILL SLIDE TO 804 LEVEL. ALL OSCILLATORS ARE GIVING SELL SIGNALS. IT IS MAKING CONTINUEOUSLY LOWER TOP FORMATION SIENCE NOV 10.
MY ULTIMATE TARGET IS 750-725 LEVEL TILL NOV 11.

BHEL

BHEL IS ALSO PARTCIPATING IN FALLING WAVE TRENDLINE SIENCE OCTOBER 10. VERY WEEK CHARTS WITH HIGH  BITA. TWO CLOSING BELOW 1818 IT WILL CRASH TO 1750-1725 LEVEL.
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