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Carborundum Universal – Breaks out- Target hit!!

Posted on: June 4th 2010 in Techinicals Breakouts NSE BSE.

Carborundum Universal is facing strong resistance at 198-203 levels and has made a triple top in this range. Once it manages to cross 205 one can enter it for a short term target of 218-222. Stoploss: 190 …

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

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