AbhishekHSinghCMT

HBLPOWER- Looking for a downside thrust below 31.50

NSE:HBLPOWER   HBL POWER SYSTEMS
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No Trading Zone between 31.50 - 40

Either side break shall give us a trading opportunity. Likely, It seems that we shall have a downside move once 31.50--31.65 zone gets broken- in that case we shall be looking a zone of 27-28 & below 27 -Likely it should go in the zone 20-21 -where multi year low could be in place which possibly looks in Aug to Oct 2017 next year.

Regards,
Abhishek H. Singh, CMT
Trade active: 16:55 Hrs-18th Sep2016

Still Struggling in 30-33 handles - last whole week
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
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