13 April, 2012

RENUKA SUGAR

4/13/2012 12:47:00 AM
















RENUKA :- CMP :- 33.15

This Stock Has Given Bullish Breakout With Immediate Target Of 35.55, The Breakout Is With Volume And Is Marked On Charts. There Is Still Resistance At 36.15 Which Is 50 Dma And  If Able To Cross The Same May Then Target To 200 Dma Which Is At 46.76 As On Date. Rsi, Macd, And Ss All The Trend Indicators Are Showing Positive Direction And Also The Stock Was Convincingly Close Above 5 And 20 Emas Respectively. One Can Long The Stock With Stoploss Of 31  For Higher Targets And Revised The Stoploss As And When Required.

11 April, 2012

EXIDEIND :- CMP :- 136.95

4/11/2012 09:36:00 PM
















EXIDEIND :- CMP :- 136.95

Stock Breached Its Main Trend Line And Close Below It Also Closed Below Its Important Support @ 139 Now Below 136 Stocks Become Very Weak And Has Immediate Target @ 130 Levels. Stock Is Just At 200 Dma Which Is @135.80 And Being Oversold A Bounce Is Expected And Advise To Sell On 144 Levels For Lower Target Of 130 With Stoploss Of 146.50 Levels On Closing. Also Indicators Shows Negative Divergence And Ema Slopes Denotes Further Downside.

PERFORMANCE OF STOCK 

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