Takes support at 5180 and bounces back sharply to 5240. The last double top at 5180 acts as a huge support which now results in widening of range to 5180-5320. Any close below 4900 will result in " Party is over, go home !!! ". Above 5320 will result fresh round of buying.
Stock View: Tanla
Since June 2009 if we connect all the tops again i.e Red line, it lies currently at 65. Plus there is an important support line ( green line ). Buy if crosses and sustains above 66 for extreme short term target of 76 and stop loss would be 62.
Stock View: DCB
Price Volume breakout!!!!!. if it crosses red line which is joined from May 2009 connecting all the tops then it can target 44 and 49. The volume breakout is the largest in last 3 months. Buy only if it sustains above 40 for short term targets
Stock View: ABB
Excellent pattern!!! If croses and closes above 830 then we can see a huge upmove. 830 is a huge resistance as it is the line which joins the major tops since june 2009. So buy if it sustains above 830 for target of 890-920 and stop loss would be 780
Yesterday i could not upload my blog due to technical reasons, although it was ready :(
Have a nice trading day
Regards
Ankit
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