CHANNELS.INDIA – PRICES TURN BACK FROM KEY FIB LEVELS

SUMMARY: RELIANCE DAILY ANTICIPATED AND HAPPENED Prices turn back from key FIB projections. TISCO DAILY ANTICIPATED AND HAPPENED Prices push back from 0.5 FIB levels. A minor support here can’t be ruled out. HAPPENED GRASIM WEEKLY ANTICIPATED AND HAPPENED Prices turn back from 0.382 FIB levels. ACC DAILY ANTICIPATED AND HAPPENED Prices continues to push lower after breaking the neckline. Key levels lie at psychological 700. ITC DAILY Prices continue to hold the minor trend channel up. NTPC DAILY Prices are still in correction mode. Key resistance levels lie at 217.
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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
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