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Alpha India LE – The Tisco Case

Orpheus Capitals, Jan 2011, Pages: 3


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The minor structure looks like a completed 3-3-3 correction up. Prices made a daily Key Reversal bar (KR) near key Fibonacci resistances at 720 levels. The subminor structure looks like a potential Head and Shoulders reversal pattern. Neckline levels lie at 685. Weekly reached previous intermediate highs near psychological 700 levels. BSE Metals also seems to be turning back from previous highs in a potential Flat scenario. BSE Metals is a top performer sector, while Tisco is a top ranker of the BSE Metals Jiseki.



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