Guide- Candle Stock Patterns ( Tradeing Guide )

Monday, December 12, 2011

Nifty Testing 4700 level

Dear viewers and clients

As per my prediction - Nifty will retest 4700 level - Posted on 4th Dec 2011. Nifty may test and fall below the 4700 level on 13th dec 2011. While testing 4700 level it should break 4630 level, so that we can ensure the correction is completing the down trend on medium term perspective. 

Use this chance to BUY 

1. HDIL  ---- RECO price @ 57
2. Corporation Bank. --- RECO price @ 345

Both stocks are looking very good, as per fundamentally and its all Trading @ year low  and other technical indicators are looking GOOD. ( CCI , RSI, Stochastic, etc., )

other two stocks are looking good 

Axis Bank  ( Double bottom )   ----- RECO price @ 970
IDFC  ( triple bottom ) ---- RECO price @ 104

i am adding those stocks in my portfolio for LONG term.

Hold those stocks if you are a LONG term investor.



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