Thursday, October 7, 2010

How we interpret the charts

We have many queries about chart interpretation from our clients or free subscribers. So for example today we had given Sell Recommendations on LICHSGFIN (Oct Future) and Nifty Oct Future in mid of today's market as well as Buy Recommendations on BPCL Oct Fut.
Recommendations were :
Msg Sent Time : 14:10
Sell LICHSGFIN below 1487 sl 1496 Target 1468/ 1456
Call generated at 14:13
LICHSGFIN hit both the targets and hit the low of 1425 and ended at 1455


Msg Sent Time : 14:10
Sell Nifty Oct Fut below 6198 sl 6230 Target 6144 / 6097(P)
Call generated at 14:15
Nifty Oct Fut hit T1 of 6144 and made a low of  6134.80 and ended at 6144.15 Now for positional(P) target of 6097, Trailing sl will be 6158.


Msg sent time 11:50
Buy BPCL Oct Fut. above 778 sl 768 Target 800
Call not generated. Please check the yellow horizontal line of the Price Level 778 and the yellow arrow of recommendation given time (11:50). After 11:50 am, the stock did not cross the level of 778.


LICHSGFIN




Please see the below mentioned charts of both and see the yellow circle where our Sell Call(s) intiated.


LICHSGFIN OCT FUT 5 Mins Real Time Chart :


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NIFTY OCT FUT 5 Mins Real Time Chart :






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BPCL OCT FUT 5 Mins Real Time Chart :



We interpreet market movements and give Realtime recommendations strictly on Technical Analysis.
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Discalimer:
This document has been prepared by the Research Division of Integrity Financial Consultants Pvt. Ltd.,Pune, India and is meant for use by the recipient only as an informative. This document is not to be reported or copied or made available to others without prior permission of iNTEGRITY. It should not be considered or taken as an offer to Buy or Sell or a solicitation to Buy or Sell any security. The information contained in this report has been obtained from sources that are considered to be reliable. However, iNTEGRITY has not independently verified the accuracy or completeness of the same. Neither iNTEGRITY nor any of its affiliates and/or its business associates and/or its directors and/or its employees accept any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well as the market related investments are subject to market risk and volatility. The suitability or otherwise of any investments will depend upon the recipient's particular circumstances and, in case of doubt, advice should be sought from an independent expert/advisor. Either iNTEGRITY and / or its affiliates and / or its business associates and / or its directors and / or its employees and / or its representatives and / or its clients and / or their relatives may have position(s), make market, act as principal or engage in transactions of securities of companies referred to in this report and they may have used the research material prior and / or after to publication.The information shared in this blog may be and or may not be 100% perfect as it is being shared from many sources. iNTEGRITY and / or its affiliates and / or its business associates and / or its directors and / or its employees and / or its representatives and / or its clients and / or their relatives do not take any type of responsibility if reader or recommendation(s) follower will face any losses or liabilities because of our recommendations; market risk will be always there while and whenever concerned parties enter the stock market by any means.It is recommended for the recipients to take their decisions according to re-verification of the shared information. No arguments and / or claims and / or objections will be entertained. Similarly, iNTEGRITY and / or its affiliates and / or its business associates and / or its directors and / or its employees and / or its representatives and / or its clients and / or their relatives will not take any assurity about our given recommendation(s) about its success. Sole discretion will be most recommended for readers and/or subscribers and/or followers and/or information receivers and/or investors and/or traders.


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