Technical Calls:BF utility,Reliance and Ambuja Cement

By | April 19, 2012

Ambuja Cement

Multiple support near 156 and cluster of resistance in range of 168-170 zone

Buy above 171 Tgt 174,176 and 178.8

Sell below 165.6 Tgt 163.8,160.3 and 158

 

 

Reliance

Symmetrical Triangle Formation i RIL before its Result. Trading above 20 SMA is bullish for the stock.

Buy above 757 Tgt 763,770 and 783

Sell below 742 Tgt 736,726 and 718

 

BF Utility

Breakout trade accompanied with volumes in BF utility

Buy above 427 Tgt 434,441.3 and 446

 

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