SBIN is hovering around 2780 which has proven as a good support as well as resistance level in past. 200 DMA is also around 2795. If it manages to close above 2790 target would be 100 bucks more from the current levels.
Chirag CM
Sunday, April 10, 2011
IRB infra. Quick View
IRB is trying to break its Trend line. If it manages to break it the tgt falls near to its 200 DMA 239.
Chirag CM
Friday, April 1, 2011
ITC... Update
ITC has crossed its upper trend line with a superb volume. It is also at 52 week high. It shows target of 195 with the stop of 180.5
Chart is beauty here.
Tuesday, March 29, 2011
ITC... Entry into Range trading
ITC has entered the old trading range again and break above 180 will lead to further upmove.
Cheers
Chirag CM
Monday, March 28, 2011
Axis Bank... Breakout
A superb breakout given by Axis bank on last trading day. It has also given comprehensive close on its 200 DMA. One can enter the scrip with the tgt of 1447 with the immediate stop of 1335.
Chirag CM
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