Technical View:: Nifty, Jubilant Foodworks & Bata India
Nifty:
Technically Nifty is in an uptrend. Has strong support at 5300 levels. If manages to break this level could head lower to 5180-5200. On the upside can test 5500 again if global markets support.
Jubilant Foodworks:
Jubilant Foodworks is facing strong resistance at 1060 levels. Once manages to cross it, can head upto 1120.
Bata India:
Bata India faces strong resistance at 725 levels. Above this it can head upto 755.
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Deepak Says:
March 2nd, 2012
Posted at: 2:11 pm
Which option can i buy now?
CB Says:
March 3rd, 2012
Posted at: 11:19 am
Hi Deepak, as of now no call on nifty. enter a pe if it breaks 5290(cash)
Parimal Devnath Says:
March 4th, 2012
Posted at: 10:17 am
Dear CB
Jubilant Food made unpredictable moves. generally your breakout recommendations are just fine
Parimal
CB Says:
March 4th, 2012
Posted at: 1:11 pm
Hi Parimal Devnath, yes.. should have given a buy only when it managed to close above 1060..
suman halder Says:
March 6th, 2012
Posted at: 12:13 pm
fir please forward your view on STCI and goa carbon