11 April, 2012

AMBUJACEM :- CMP :- 159.55

4/11/2012 09:28:00 PM
















AMBUJACEM  :- CMP :- 159.55

The Stock Has Breached Previous Month Low Of 158.65 And Made New Monthly Low Of 158 And  Was Just Able To Give Close Above It. This Stock Has Breached Trendline And Was Able To Give Close Below It And Now The Immediate Support Comes @ 156 And Below Which It Could Target To 148 Levels Also. Advice To Short On Rise @ 164 Approximately With Closing Stoploss Of 169. Stock Is Still Trading Above 200 Dma Which Is @150 And 200 Ema Is @ 154 As On Date. Indicators Sugessting Downside But Rsi 2 Looks Oversold And Is At 5 Levels. So A Bounce With Nifty Is Expected.


PERFORMANCE OF STOCK 

10 April, 2012

TATASTEEL

4/10/2012 08:28:00 PM
















Cmp :- 452.80
Stock Looks Bearish As Stock Has Closed Below The Trendline Which Looks Bearish If Todays Low Of 449.40 Does Not Hold Then It Has Immidiate Support @ 438 Below Which Stock Could Drift To 432 Levels Also Strength Shall Be Only Above Close 470 Levels. So One Can Take Short Position With Stoploss Of 470 On Closing Basis And Sell On Rise Or Wait For Breaching Low Of Today.

PERFORMANCE OF TATASTEEL 



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