TA on GODAWARI POW & ISP on Reader’s Request

By | September 5, 2009

Attached Chart of GODAWARI POW & ISP

Following Points should be Noted
1.Stock has shown good momentum with vols in past 2-3 days
2.Stock after hitting a high of 146 had shown a pullback till 132 which is also 71.8% Fibo retracement.
3.Above 140 once can buy this stock again for a tgt of 146.
4.If 146 is crossed with vols than the stock can see 150 154 161
5.RSI is showing positive divergence.

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