Technical Analysis on Crompton Greaves,Jupiter Bio and Tata Global

By | September 23, 2010

Crompton Greaves

Crompton is trading in a parallel channel as shown on chart. Taking support at lower trendline and taking resistance at upper trendline.

Such stock become easy to trade as we can see where they will take support and where they will stall there upmove.MACD is showing positive divergence on Daily Charts.

Buy above 322 Tgt 327 and 335

Jupiter Bio Science

Jupiter after a long period of time has crossed its 100 DMA with volumes.

One more interesting thing is Golden Cross-Over ie. 5 EMA moving above 100 EMA

Technical Indicators are over sold on Charts Hence if sustained above 100 DMA bounce is eminent.

Buy above 107 Tgt 112 and 120

TATA Global Beverages

Tata Global is stuck in trading range between 120-125 as can be easily identified on Charts

Till this trading range is not broekn traders can play this zone

Breakout will happen above 125

Buy above 125 Tgt 127 and 129.8

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