THE COUNTER FORMED STRONG BASE AROUND RS.320 DURING RECENT PAST. IT HAS BEEN WITNESSING HUGE VOLUMES AND TODAY IT GAVE A CLOSE ABOVE RS.343 WHICH WE BELIEVE WAS THE RESISTANCE ZONE FOR THE COUNTER ON CLOSING BASIS. WITH INDICATORS LOOKING POSITIVE WE EXPECT THE COUNTER TO COMMENCE ITS SHORT TERM UPTREND. RECOMMEND BUY AT 344 WITH THE CLOSING SL OF RS.325 FOR THE TGT OF RS.370-395 IN SHORT TERM.
No comments:
Post a Comment