Strides Acrolab showing bullish moves

By | January 31, 2010

Strides Acrolab is showing good moves and is showing bullish channel from a low of 154 to a high of 312.Stock is trading above its 5 EMA and takinf support at 20 SMA which is being shown in charts as above,Stock is a buy on dip canditate.

It faces channel resistance at 288-92 range.Once that get crossed it will brezze to 301 301 and 316.Once 316 is cleared we may see 336 levels in 2 weeks time,Support comes at 268 levels.

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