Technical View:: Nifty, Asian paints, Petronet & Vedanta
Click on chart to enlarge.
Nifty: Nifty is back to strong support levels of 8050-8100. A close below 8050 can take nifty lower to 7800 levels. It hasn’t closed below 8050 since Nov’14 On the upside if holds onto 8050 can test 8250 again.
Asian Paints: Asian paints has been moving in a range since last few days. It has strong support at 740-745 levels. If breaks it on the downside, can test 710 in near term. On the upside, it has strong resistance at 780-790 levels.
Petronet: Petronet has been witnessing buying interest recently. Has found strong support in the 175-180 zone. On the upside, a close above 189 can take it higher to 200-202 levels.
Vedanta: Vedanta is nearing strong support levels. Has formed a triple bottom formation at 180-185 levels. A close below 180, can take it lower to 165-168 levels. Strong resistance at 195-200.
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ayushi Says:
June 4th, 2015
Posted at: 11:49 am
please give nifty view
CB Says:
June 5th, 2015
Posted at: 7:39 am
Hi ayushi, if breaks support at 8050, can fall further. on the upside if holds onto 8050 levels, can test 8250 again
shormi Says:
June 12th, 2015
Posted at: 10:15 am
sir i'm holding 700 suzlon @28
should i add some more now ??
CB Says:
June 12th, 2015
Posted at: 10:16 am
Hi shormi, no, dont add more of it yet. lets wait as markets are going weak
TAPAN Says:
June 29th, 2015
Posted at: 10:01 am
CB Sir, today 29/06/15 CAN I BUY PETRONET LNG AT 184 RATE PLEASE AND TARGET PRICE PLEASE.