Random Charts

 

Posting some random weekly charts here, not trying to portray a gloomy picture. But, the overall picture does not look quite rosy … Maybe, except for likes of Rakesh Jhunjhunwala et al who feels its ok for investors to lock-in there slogged-a$$ sweat earned money at these levels for next 5 to 10 years. Definitely good for big fat sharks to exit and come back in-play at the right time, while the gullible long-term investor holds the baton for them … I’d rather be investrader & act accordingly on my own instincts.

 

ACC – scary if the crucial support breaks

http://screencast.com/t/WbKBIeiSVt

Ambuja – same story

http://screencast.com/t/LbihRGB7

Grasim – Any pullback is opportunity for shorts only

http://screencast.com/t/MFuNIOOfufo5

HDFCBANK – Watch-out

http://screencast.com/t/hi8uVfY60yHm

HINDALCO – Make or Break

http://screencast.com/t/f5xMkFhOXh

M&M – XUV 500 or maybe 600? :)

http://screencast.com/t/XyQT2Tzz6JIb

Maruti – Not that bad, I say :)

http://screencast.com/t/QkPK0WW47B

ONGC – Not done anything for eons :)

http://screencast.com/t/kkwOrvtB6X

PNB – earlier, I used to like this one a lot :)

http://screencast.com/t/dOW88I5qIu

Reliance – This looks like Anil Kapoor’s H&S tilted a bit but, very Tezaabi it can be :)

http://screencast.com/t/ys0xTckfv

Siemens – Inverse Cup n Handle? :)

http://screencast.com/t/hmyG4xl4

Avoiding IT & FMCG sectors which are looking good but, at the same time have kept away from metals which are in deep .hit. Remember Metals are the lead indicators for the overall economy, long term growth happens only when Capital Goods, Metals and likes are shining.

Trade Safely & Invest Wisely !!!