SBI. ANTICIPATED AND HAPPENED
SUMMARY: DLF DAILY (DLF) Our corrective FLAT scenario is still in place. HDFC DAILY (HDFC) The sideways action continues. HDFC BANK DAILY (HDBK) Prices are heading to previous high levels at 1,600. A clear break above respective levels would be a positive confirmation. ICICI BANK DAILY (ICBK) We need a clear break above psychological 900 levels for a clear positive sign. STATE BANK OF INDIA DAILY (SBI) ANTICIPATED AND HAPPENED Prices are retesting key resistances near psychological 2,000 levels. A clear break here would be our first positive sign. HAPPENED. Above key 2,150 levels we get more positive confirmation. TATA CONSULTING SERVICES DAILY (TCS) ANTICIPATED AND HAPPENED Prices continue to push higher in the impulsive structure up. Key resistance levels lie at 650. UNITECH DAILY (UNTE) A clear break above key 120 levels would suggest that this is the beginning of a new leg up and not a completing corrective. TITAN INDUSTRIES DAILY (TITN) Our ALTERNATE scenario sees this as a potential Head and Shoulders formation. Neckline levels lie at 1,200.
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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