Jul 31, 2009

LOKESH MACHINES BUY







LOKESH MACHINES INDICATING A BUY IN DAILY CHARTS :
bullish morning star formed in todays eod chart
rsi,macd indicating a buy in current price, even mfi also improved from 28.7.09
and fib retracement crossed 38.2% indicating a bullishness in short term
symmetrical triangle in 5month chart, expanding triangle in 3month chart
And trix also crossed 0 on 28.7.09 which clearly suggesting an upmove in near term
so, go long in lokes machines with a sl of 33 for a tgt of 43 to 48 in short term

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