Central Bank of India
CBI is taking support at a rising trendline @156.65 and facing resistance @161.25 as shown on daily charts
RSI is rising and giving a buy signal and MACD is in Buy zone
Buy above 161.65 Tgt 163.4,116.9 Sl 160
Sell Below 159.5 Tgt 157.7 and 154.9
Patel Engg
Patel Engg looks ripe for a bounce after severe correction from high of 324 to sub 180 levels
MACD is a buy mode
Buy above 195.9 Tgt 199 and 205 Sl 191.6