Quotes with Resistance & Support
Market Information

Postive/Negative breakouts from 12-10-09

This article was posted on Oct 14, 2009 and is filed under Market News

Postive breakouts from last days trade:

Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days).
Dish TV @ 46.25 – Support at 45
DLF @ 424.25 – Support at 420
AMD Industries @ 29 – Support at 27
Blue Bird India @ 34.7 – Support at 32.70
M&M Financial @ 248 – Support at 234
Nilkamal @ 152.65 – Support at 142
SREI Infra @80.8 – Support at 77

Stocks below their 14dma, 25dma, 50dma, conversion (9days), base (26days).
Alok @21.2 – Resistance at 22

Postive breakouts are likely to do well if markets remain positive. On ther 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: , , , , , , , , , ,

Similar Posts:

Breakouts

+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

Latest Query

Samrudhiglobal.com wishing you and your friends and family Advance xmas and Happy New year...view more »
- by Sam
Status: Awaiting reply

Market Stats

Search Our Archives

Latest Investment Idea

Recent Comments