Himadri Speciality Chemicals formed double bottom today in a span of 28 days. If the stock moves up from today's bottom without any down side movement, we may see any one of the levels viz., 150, 155, 161, 174 in short term.
In bearish trend, upper limit 76.25 lower range seen at 75 in short term.
MRPL Pros: - Stock is providing a good dividend yield of 6.47%. - Company has good consistent profit growth of 23.35% over 5 years -Fundamentally Strong growth stock. -Target 140+ in future.
1000 level support did not hold but it is expected that 1/1 support which falls at 885 should hold tomorrow on closing basis
Progressive restance levels for tomorrow: 19.50, 26.50 and 34.25. Support is at 16.20.
Sanwaria is in bullish move, may go to 19.65 in near term. Support at 15.25.
Buy above 195, when will enterthe ascending fan spectrum. Bullish above 225.
With an internediate resistance at 815, one can have a target of 900 in this present run up. Support at 645