Technical of Jumbo Bag Indicated accumulation Pattern in this stock is going On.Trading interest is reduced or near to null.But smart players are accumulating this stock
As seen from the chart the stock is not breaking its support at 30.When ever it goes neae its lower range volumes increases on that day.
5 EMA is around 31 which is proving to be a major resistance,Once thats crossed it will move to its next tgt of 35 in no time.
Next tgt comes around 40
RSI is showing positive divergence which should be …

Tgt 139 and 144
NIFTY FUTURE Levels for tommorow
resistance at 5115, 5143 and 5193. Support at 5065 and then 5037.

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On Daily Charts 370 levels is providing very good support as shown in Charts So keep a Sl below that Position.

On Weekly Charts we are seeing a formation of Flag and Pole Pattern.It is consolidating in the range of 370-395 for few trading Sessions.Once it breaks that level we may see 404 408 and 412 Levels.

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 In the recent advance of 2009, it thrust above that zone and now in the consolidation zone above that mark. As per the last two weeks price rise, it has formed the fresh buying pivot while the supporting oscillators are also confirming further up move in the near term. So one can accumulate in a range of 380-390 levels with closing below stop loss of 365 levels for the targets of 440-460 levels.Big resistance at 395 levels as mentioned in charts.

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Buy Punj if it helds 167 on closing basis for a tgt of 173,176,178

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Rel Comm is at a critical support of 159 if it breaks than 156,151 and 144 on cards.
If 159 Holds than 161,163 and 167 on cards

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