Thursday, September 1

Technicals:RIL,TCS and BHEL

Confidence can be an important psychological tool for the trader – important enough to make the difference between a winning trade and a losing trade. When you develop your trading plan, it is obviously important that you have confidence in its accuracy and usefulness and in your belief that you can follow your plan closely and execute it successfully.

BHEL

Support  becoming Resistance Theory Classic Example BHEL
BHEL is unable to cross its 1800 which was its short term support in the downfall which it witnessed after delivering bad set of numbers for last quarter.
Any Upside is possible only above 1780-1800 levels

Buy above 1782 Tgt..

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