Wednesday, January 25, 2012

Aurobindo Pharma & HCLTECHNO...Decisive moves ahead

Aurobindo Pharma:

Aurobindo Pharma has short term decisive move ahead. After giving super breakout from its consolidation zone and 50 days DMA it has came back again to test it after making high of 110. One can enter it around current levels with the first SL around 96 & the ultimate SL of 92.


2) HCLTECHNO:

HCLTECHNO has given the highest closing after 15-11-2011. Couple of consecutive closes above 425 will open doors for 445 which is its 200 DMA and then after it may try to fill the wide gap till 463.



CAIRN & CIPLA have given a good moves yesterday by respecting to their trend-lines. Good moves can be expected ahead.


Cheers
Chirag CM

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