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Few Stocks charts based on Readers request..
Support is at 95 lower end of trendline and resistance at 103..
Basically trading range between 95-103.Yesterday formed an Inside day candlestick pattern which signify big move ahead in IDEA
Buy above 100 TGt 101,102.3 and 103.1
SEll below 97.6 Tgt 96.2,95
I have covered the Stock in my 4 Oct post http://www.brameshtechanalysis.com/2011/10/techical-chartsbank-niftyicici-bankdlf-and-hdil/ and as said stock reached 78 and close below it.
Going forward stock is at its another long term support of rs72, Breach of same will lead to 60 odd level. Real estate is out of demand sector and weakest in bounce back.
Sell below 71 Tgt 66,62 and 59
Break of 754 will lead the stock back to its 200 [email protected]
Sell below 749 Tgt 739,725 and 720
Buy above 763 Tgt 773,788 and 797