CHANNELS.INDIA – IDEA. ANTICIPATED AND HAPPENED
SUMMARY: IDEA DAILY (IDEA) ANTICIPATED AND HAPPENED Prices push lower from key resistance levels at 85 as anticipated. MAHAGANAR DAILY (MTNL) ANTICIPATED AND HAPPENED Prices break key support levels near 90. ASHOK DAILY (ASOK) ANTICIPATED AND HAPPENED Prices turn back after completing the c wave up. Sub key 38 levels we get more negative confirmation. CROMPTON DAILY (CROM) Prices continue to hold key resistance levels at 335. BHARAT HEAVY DAILY (BHEL) Prices continue to hold the minor trend channel up. BLUE STAR DAILY (BLUS) The current upmove still looks like a completing b wave. LARSEN DAILY (LART) Prices continue to move in a sideways structure. Key resistance levels lie at 1,600.
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CHANNELS.INDIA is our second perspective product published on MONDAY, WEDNESDAY and FRIDAY. The report uses conventional technical tools and covers most top traded stocks. The report illustrates key price levels, price targets, price projections and time turn windows. WAVES.INDIA, CHANNELS.INDIA are bundled together as PERSPECTIVE products. Unlike WAVES which focuses more on blue chips, CHANNELS covers the other mid cap and small cap stocks also. CHANNELS.INDIA carries the Early Economic cycle sector components, which includes FINANCIAL and DISCRETIONARY sector stocks, the Mid Economics cycles sector which includes INDUSTRIAL sector stocks and the Late Economic Sector cycle including ENERGY, STAPLES, UTILITIES, PHARMA, CHEMICALS sector stocks. REUTERS EARLY ECONOMIC RICS DLF.NS, HDFC.NS, HDBK.NS, ICBK.NS, SBI.NS, INFY.NS, TCS.NS, MAHM.NS, UNTE.NS, TITN.NS REUTERS MID ECONOMIC RICS ASOK.NS, TAMO.NS, CROM.NS, BHEL.NS, LART.NS, MTNL.NS, IDEA.NS, BRTI.NS, RLCM.NS, TATA.NS REUTERS LATE ECONOMIC RICS ONGC.NS, RLIN.NS, NTPC.NS, ACC.NS, HALC.NS, TISC.NS, ABUJ.NS, CIPL.NS, RANB.NS, ITC.NS