After forming double bottom during the period Dec 18 January 19, The scrip is showing good momentum and long term target is 555.
Showing good momentum after forming base in Dec 19. Next weeks close should range from 1380 - 1428 for sustained momentum
Nifty range for the week 11900-12500
8750 is required to be surmounted for break out.
In case of down move support will come at 2240, target 2675
If the resistance around 1250 is crossed conclusively by the next week, great movement can be seen.
Immediate support at 603. Intermediate term target 725.
Although support in the short term has broken but it is hoped that the scrip is likely to recoup from the current low as evidenced in today's move.
Broke crucial descending angle support on budget day and is hoped it will close above 445 tomorrow to test the next hurdle at around 490
Support is at 480, but I am rather hopeful of its intermediate term target of 550
If 41 is crossed on closing basis, the next target will be 48 in intermediate term
Any entry in the stock is envisaged only above 170 or better, above 175, in short term.
The last support is at 410 which was not tested today and the scrip returned from 419 today. Short term target 482
In February the scrip may make a dip and touch 2775. Long term target 4180 in case of sustained bullishness.
In this short term downward trend support will come at 88-90 range
99.50 was agood support and now when it will cross 100.70 on closing basis it may turn bullish. Has a long term support at 89.50 in case of bearish move from here.
The bearish trend may take it to a level of 109 where there is the last support which may hold.