Earlier recommended in Report Dated 15.05.13 when Closing was 316 level, made High 341.
Prices had given clear breakout above the Neckline level of Inverted Head & Shoulder Pattern with
Neckline breakout point at 308, creating Upward target point of approximately 55points from such
neckline breakout point. Last four trading sessions prices managed to trade n close above this Neckline
level. Prices have retraced well & maintained the said support zone by closing. Now enter on
retracements
BUY on retracements till closing is above 331 level with Stop below its previous Support zone,
mentioned. Book Profit near resistance zones.
CMP – 336.
RESISTANCE – 342, 346, 356
SUPPORT – 331, 326, 321
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