Quotes with Resistance & Support
Market Information

Positive/Negative breakouts for 04-12-09

This article was posted on Dec 4, 2009 and is filed under Market News

Positive breakouts from last days trade:

Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days).

GMR infra at 69.20 – Support at 68
LT Foods (Daawat) at 65.65 – Support at 62

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

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