CHANNELS.INDIA - ANTICIPATED AND HAPPENED SPECIAL

SUMMARY: BHARTI DAILY (BRTI). ANTICIPATED AND HAPPENED We need a clear break below key 380 levels to call the sideways B/2 complete. HAPPENED. Sub 360 we continue to look lower till key 320 in the C/3 wave down. MAHAGANAR DAILY (MTNL). ANTICIPATED AND HAPPENED As long as prices hold below key resistance levels at 110, we continue to look at this as a sideways corrective structure with an impending Y wave down. HAPPENED. Price targets lie at 86. ASHOK DAILY (ASOK). ANTICIPATED AND HAPPENED Prices pushed higher till previous highs. This is a key resistance area. RSI also points lower from current levels. HAPPENED. CROMPTON DAILY (CROM). ANTICIPATED AND HAPPENED Prices pushed lower till neckline levels. A clear break below 260 would validate the TRIPLE TOP pattern. BLUE STAR DAILY (BLUS). ANTICIPATED AND HAPPENED Prices push lower as anticipated from near key resistances at 400-430 levels.

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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

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