Monday, December 6, 2010

Nifty futures likely to face resistance around 6050-6080. Midcaps to catch up in near term.

Stock View: Jain Irrigation

Triple tops are being made around 245-247 odd levels, stock sustaining above 245-247 can take it to 260. Overall pattern of the chart is also good. Buy Jisljaleqs part qty at current levels of 234-235 and add if it sustains above 245 with a stoploss of 225 on closing basis and targets 260/265 in short term. Conservative traders buy on;y above 245-247.



Have a nice trading day

Regards

Ankit

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