AUTOMATED TRADING

AUTOMATED TRADING

26 December 2013

TECHNICAL TRADING SYSTEM

NIFTY
Click on charts below for larger view.
Nifty took support around 6250-60 level if break it may touch previous swing level 6160.


SIEMENS
We have found clear five wave completion on siemens hourly chart with negative divergence. Any move below 650 it may drag towards 615 level.

HINDUSTAN UNILIVER
We are regular watching this chart, has perform like falling wage pattern and it seems that it is ready to break. Keep your eyes on this stock and any move above 571.50 stock may blast and may zoom to 640 level.

ASIAN PAINTS
Asian Paints has similar pattern like HUL and ready to blast, any move above 498 will kiss 540 level very soon.

AIRTEL
Bharti Airtel has form like ascending triangle, In this technical condition breakout should come towards upside.  breakout will come above 332. may spike up 10 points very sharply if breakout happen. 


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