ACC
STRONG BOTTOM AT 1017

ACC is struck in the tight trading range between 1050 and 1015 for the last 4 trading session after the steep fall from 1100 to 1025. In the last 3 trading session this stock made a triple top at 1055-1052-1053 and similar 3 identical bottoms at 1019-1020-1017. Which suggest the key resistence and key support, either side breakaway it'll set the trend. By applying indicators it suggesting further downside is valid. Next key support comes at 992 which is the 61.8% fibo support of 910-1124.

SENSEX 30
DOUBLE TOP AT 14035...

Yes as i expected yesterday the sensex made double top formation at 14035. Tomorrow 14035 will act as crucial level for this ongoing rally. Well incase if the Sensex didnt cross 14035 then sensex will hit back to the levels of 13750 or even 13470. The fall from 14035 to 12801 is completley retraced. If sensex breaks the 14035 then my sensex target will be 14800. Indicators are still showing very strength.

SUZLON ENERGY
HEADING TO TEST 1200...



Well in the last 4 trading session this stock is struggled to keep the momentum of the minor rally of 1225 to 1325 and begin to weaken. Bollinger Band giving sell signal and CCI is failed to cross the extreme level. And now this stock will retest the 1200 which is the 200dma support. Well the fall from 1500 to 1195 is not over yet and if it hold the 1200 level then we see some consolidation happens in this stock.

RANBAXY LAB
CROSSED 200DMA...

After struggling for nearly couple of months trading below its 200dma and now finally stocked triggered the 200dma and closed above that level. Now this stock will kiss the 441 level. And as long as it stays above its 200dma then in the coming months we might see te 530 level. All leading indicators are showing strength. And support is at 405 which is 200dma and 392 which is the 50dma and thereafter at 350. Well even this stock got retracement of 61.8% of the fall from 441 to 350 which is at 406 and this suggest that the fall of 441 is eventually over at 350 and then we saw the correction of that fall.