Positive/Negative breakouts for 12-11-09

Quotes with Resistance & Support

Market Information

Positive/Negative breakouts for 12-11-09

This article was posted on Nov 12, 2009 and is filed under Market News

Positive breakouts from last days trade:

Stocks above their 14dma, 25dma, 50dma, conversion (9days), base (26days).
Hindalco industries at 131.85 – Support at 125
Jaiprakash associates at 241- Support at 233
Neyvel Lignite at 157 – Support at 149
Tata steel at 526 – Support at 515

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: hindalco ind, jaiprakash, jp assoc, Neyveli Lignite, resistance, tata steel, technical breakouts, technical support

Note: The Credit of this post goes to the original witters of this post and not to NSEGUIDE

Breakouts

+ve » Positive / -ve » Negative

+ve 30 DMA 50 DMA 150 DMA 200 DMA

-ve 30 DMA 50 DMA 150 DMA 200 DMA

Latest Query

Post my 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

Research Desk

Stocks Trading above their 50 day moving average - DMA In Stock Research
Download free Ebooks based on Technical Analysis In Personal Training
TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
Charting Pathsala - Your guide to Techincals In Technical Analysis