Prices have consolidated at two support zone level 106 & level 113 & this seems to be a historic zone too.
Today it is the third consecutive closing above 200DMA zone of 120.5 level which suggests counter seems to be maintained although Nifty closed 45points lower.
BUY on retracements till closing is above 122.5 levels with Stop below its previous Support zones. Book Profit near resistance zones mentioned, below.
CMP – 126.
RESISTANCE – 123, 120.5, 118 SUPPORT – 128, 134, 143
No comments:
Post a Comment