Re: Technicals: Charts show the way

Hawkins Chart attached with comment.


Nifty Weekly impulse and corrections.


ASTRAL POLY DAILY LINE CHART SHOWS A BREAKDOWN FROM A HEAD AND SHOULDERS PATTERN WITH HIGHER VOLUMES.

http://http://i930.photobucket.com/albums/ad149/hitesh2710/ASTRALDAILYLINECHART.png

The head and shoulders pattern in astral is not very classical but if it plays out then the stock could target around 160-164 levels on the downside where incidentally the 200 dema is currently hovering.