THE COUNTER HAS BEEN IN A DOWNTREND AND DURING RECENT PAST IT FORMED A STRONG BASE AROUND RS.75. IT WAS STRUGGLING TO CROSS RS.77 MARK ON A CLOSING BASIS AND TODAY IT CROSSED THAT MARK WITH HIGHER THAN AVERAGE DAILY VOLUMES. LOOKING AT OTHER TECHNICAL INDICATORS WE ARE OF THE OPINION THAT THE COUNTER MAY SHOW INTRADAY STRENGTH AND KISS RS.81-83 LEVELS. RECOMMEND BUY AROUND RS.77 WITH THE CLOSING SL OF RS.75 FOR THE TGT OF RS.81-83 IN SHORT TERM.
No comments:
Post a Comment