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Viewing report
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Alpha India LE – Metals
Orpheus Capitals, Jan 2011, Pages: 4
Tisco. The subminor structure looks like a Head and Shoulders reversal pattern. Prices are now retesting the neckline at 640 levels. Weekly has broken intermediate trend channel supports and reaches 0.618 Fibonacci supports. First subminor target lies at 625 levels, while the minor targets lie at 600-550.
Hindalco. The subminor structure looks like a completing corrective Flat. Key resistances lie at 240-244 levels. Weekly is retesting intermediate trend channel supports near 220 levels. We need a break sub respective supports for further negative confirmation.
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