Monday, September 20, 2010

5925-5950 will act as a resistance zone for Nifty, sustained closing above this level you may get to see levels of 6100. But be cautious around 5925-5950

Stock View: Mundra Port

The stock has been trading in this triangle for last 6-8 months and it would be considered as a breakout if stock sustains/closes above 835-840. Buy Mundra Port only if it sustains above 835-840 zone with stoploss of 815 on closing basis and targets 880/900 in short term.



Have a nice trading day

Regards

Ankit

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