Chennai Petroleum has been consistently making higher lows (as can be seen in the chart above). It was trading in a range for the last few weeks and has made multiple tops between Rs.253-256.50. The stock seems to be breaking out of this range and looks set to head upwards in the days to come.
Resistance @ 259 264 and 271
Support @ 247

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Stock closed above its 50 SMA for 2 days and now should be bought on pullback till 1267 for target of 1303 1324 and 1339 and 1355.
61.8%  Retracement comes at 1355 which would be next significant resistance.
Hanung Toys achives target

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Network 18 and Media is at its Wall of China resistance at 109 levels.The level has been elusive to this stock for almost 6 months.RSI is showing positive and if market condition remains positve we can see breach of 109 and flying to higher range of 115 and 118 in short term.
Nifty Carmillea Levels for Tuesdays trading Session:
R1:5129R2:5134R3:5139R4:5154
S1:5118S2:5113S3:5108S4:5093
Nifty Pivot Levels:Resistance 5150 5176 to 5205. Support at 5095 and then 5066.
RELIANCE : Support around 995 if break this then slide for 986 to 970. At upside above 1011 it go for …

United Phosphorus closed at its 61.8% Retracement on last Friday at 164 levels.This level should be a significant resistance,Traders should wait for the stock to show pull back till 157 levels to take further position.
And if the stock crosses 167 levels instead of giving a pull back till 157 positions can be taken for targets are 171 and 177 levels.

NALCO:The Stock is making higher bottom and higher top and indicator are also showing positive momentum.Buy near 396 levels for a target of 404 410.
As indicated in …

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 …