Thursday, October 20

Trading Levels for Oct 20:Larsen and Tubro,ICICI bank and Infosys

Trading is not a sprint; it is boxing. The market will beat you up, screw with your head, and do anything it can to defeat you. But when the bell sounds at the end of the twelfth round, you must be standing in the ring in order to win.

Keep it simple. Simple time-tested methods that are well executed will beat fancy complicated method every time.

Nifty is at a crucial junction of  crossing 5169. I have shared the analysis of 3 heavy Weight age Index stocks LT, Infy and ICICI Bank. If these 3 stocks gives a breakout Nifty will cross the crucial hurdle of 5169.
It 4 time Nifty is trying to break 5170 and this time it looks technically strong as still trading above some crucial support levels.

Larsen and Tubro

LT will be coming out of its results on 21 October. Stock is trading near its crucial resistance of ....

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