Sesa Goa and Strides Acrolab View

By | January 20, 2011

Strides Acrolab

Strides Acrolab taking support at 200 DMA as shown in chart with higher bottom formation and facing resistance at upper trendline as shown in chart again

BUy above 413 Tgt 417 423 and 429

Sell below 406 Tgt 400 394

Sesa Goa

Sesa Goa was able to close above its 100 DMA ob closing basis but volumes were on lower end which has raised question on the rally which is going on for this counter.

Negative divergence is visible on RSI

Buy above 333 Tgt 338 and 343

Sell Below 325 Tgt 320 and 312

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