Bharat' Electronics Ltd:168.00 (onRequest) Correcting now an 86 point up swing, having support at mid channel, around 154, that is exactly a 38% of the current upswing. Strong support 142. The numbers are good,but 187will remain strong resistance. Market Cap.: ₹ 37,290.42 Cr. Book Value: ₹ 46.00 PE: 24.00 ROE: 15.6% Quick ratio: 1.28 Dividend Payout: 30.0% EPS: ₹ 6.90 Price to Cash Flow: 16.55
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At support now
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strong support was 142 and then the resistance remain 187
Comments
vijayan0018
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Dear Jacob,
aban,blue dart,abbott
padiyara
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@vijayan0018,
Aban trouble is not yet over, the support is at 130
Bluedart can come down to 3250 level
Abbott India Ltd:4210
Trading in a long term Falling wedge.
Correction seems to be over at 3988.
Trading above 4354 stock can go to 4550 an 4835
vijayan0018
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@padiyaraa,
thanks lot
vijayan0018
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What about Dabur?
padiyara
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@vijayan0018,
Dabur is trading in a raising wedge/ triangle, will find resistance around 319.
And again it can correct to bottom trend line 265 level.
aban,blue dart,abbott