VENKYS (INDIA) LTD.

BSE

VENKYS

2112 seems to be a strong resistance, as it failed to surmount it in the last two trading days. The stock earlier got support of the descending angle and will eventually cross 2112 to be in contention in a couple of days.

150 - 200 points up !!

Range 2035, 2650

If it turns bullish and remains in green tomorrow, intermediate term target will be 2630. Support at 2015

Support at 2725, Resistance at 3000. If resistance is crossed on closing basis, next target is at 3378

Support is at 2725, resistance at 3000, target 3400- intermediate term.

Today the stock came back from 3/1 resistance. Tomorrow it has to close above 2370 to move further. In case it is able to do so, the naxt target will be 3314.

pretty good r/r

Venky's: Support at 2564, resistance at 3130-3150, if it crosses, an upside up to 4850 can be seen in medium term.

Venky's coul not cross resistance and closed lower. Likely to cross and cose above 3205 on monday. Next target 3950.

Turned bullish. Support at 2130, target 2475

very good risk to reward, 1:3 would you buy???