About Me

My photo
NISM Certified Research Analyst & Mutual Fund Distributor.

Monday 8 April 2013

HINDALCO 8413

THE COUNTER HAVING FORMED A STRONG BASE AROUND RS.86.5 NOW TRYING TO MOVE OUT OF  ITS DOWNTREND CHANNEL. HOWEVER THE COUNTER IS FACING STIFF RESISTANCE AROUND RS.94 LEVELS WHICH MUST BE CROSSED CONSECUTIVELY ON CLOSING BASIS FOR ANY SUSTAINED UP MOVE UP TO RS.99-103. HIGHLY RISKY TRADERS CAN BET ON THE COUNTER AT CURRENT LEVELS WITH THE STRICT AND VERY STRICT SL OF RS.86.5 FOR THE TGT OF RS.99-103



No comments:

Post a Comment