Positive/Negative breakouts from 03-11-09
Positive breakouts from last days trade:
Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days).
Jet Airways at 404 - Support at 390
No negative breakouts for today.
Positive breakouts are likely to do well if markets remain flat/positive. On the other hand, list of negative breakouts are likely to see some more downside if markets remain flat/weak. If anyone intends to trade in these, buy positive breakouts with strict stoploss at support levels. For negative breakouts sell on any rise with stoploss at their resistance levels.
If anyone already is holding any of these stocks, please trade accordingly..
Tags: bse, Jet Airways, nse, Techinicals Breakouts NSE BSE
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