Tuesday, September 28, 2010

This non- stop rally in Nifty might stop around 6150-6200 levels, Reasons would be given during this week

Stock View: SRF

This is a daily chart of SRF and its clearly visible from the last candle that the stock is trying to breakout from the consolidation pattern. The stock has been consolidating between 265 and 295 during last few weeks. Buy SRF only if it sustians above 294.5-295.5 with stoploss of 284 on closing basis and targets of 320/335 in short term.



Have a nice trading day

Regards

Ankit

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