SEL Manufacturing updated charts

By | August 19, 2008

SEL Manufacturing bounced from its support at 265 levels today and closed at 310 levels

According to RSI stock is in Oversold position and partial entry can be taken care in the range of 250-265 levels only for long term with a room for averaging around 200 odd levels which is very rare chance.

Now one can not except very quick gains in days to come and stock should go in for a consolidation phase. After which the raaly can resume.

Leave a Reply