View on Chart: Stock is likely to produce breakout action soon as triangle range has reduced to 15 pts
(355-370). Immediate crucial support band for the stock is seen at 350-55 levels, whereas major
resistance band is seen at 368-372. To have any directional action, stock must breach the range 350-
372 on closing basis.
View on Chart: On daily cards, stock has been able to sustain support level 41/42 for about two weeks
now. Even after some supportive action no such pullback action is seen as of now and to have the same
stock must produce volume near its support mark. If that happens and stock continues to hold strongly
above 41-42, then we can see possible jump towards 46-49 levels.
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