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  #11 (permalink)  
Old 12-01-2011, 08:26 PM
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REL Infra: if descending triangle BO sustains, target is 400 + bucks

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Old 13-01-2011, 09:17 AM
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IIP No.s came low, is that a purposeful smart move in advance, since before the iip no.s we already started hearing noise that Industry says Interest rate hike will have a -ve impact on growth, thus before the RAte hike meet IIP is put up subdued already, so are the gearing up for a banks pull back, will have to see...
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Old 13-01-2011, 12:10 PM
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well said Czar

Quote:
The markets, in fact, staged a relief rally reacting to the latest IIP numbers apparently interpreting it as easing pressure on the Reserve Bank of India to excessively raise interest rates. The general belief is that the central bank, even while maintaining a hawkish stance on inflation, would settle for a 25 basis point rate hike in January 25 policy review.

The Hindu Business Line : Industrial growth hits 18-month low in Nov
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Old 13-01-2011, 08:39 PM
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Originally Posted by Czar View Post
HDFC BANK: Needs to sustain below pinky:


sorry this looks more likely, anyways the point was its looking corrective...

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Old 17-01-2011, 01:33 PM
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Originally Posted by Czar View Post
REL Infra: if descending triangle BO sustains, target is 400 + bucks


well well well down 10ish %
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Last edited by Czar; 17-01-2011 at 01:35 PM.
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Old 19-01-2011, 01:03 PM
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a move above 45.75/46 zone needed for further weakening in stock markets...

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Old 19-01-2011, 01:04 PM
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and it looks imminent to me also.
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Old 19-01-2011, 01:07 PM
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Originally Posted by Czar View Post
sorry this looks more likely, anyways the point was its looking corrective...


review:

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Old 21-01-2011, 06:34 PM
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Originally Posted by Czar View Post
ONGC: Poss weekly H&S:


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Old 21-01-2011, 06:41 PM
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Post hoc ergo propter hoc - Wikipedia, the free encyclopedia
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