Quotes with Resistance & Support
Market Information

Technical View:: Nifty, United Breweries & Yes Bank

Posted on: July 20th, 2013 at 2:12 pm

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Nifty: Nifty has been moving in the 5500-6150 range since quite some time now. It is now again nearing resistance levels of 6100-6200. Selling pressure is likely to resume near 6100 which could take nifty lower to 5900 levels. On the upside if manages to close above levels of 6200 for 2-3 days, nifty could move higher to 6400 levels.



United Breweries (UBL): UBL has given a good breakout above 785 levels. One can enter on a 10-15rs dip. In short term can head upto 870-880 levels. Strong support near 780-800



Yes Bank: Yes bank has been witnessing selling pressure lately. It has strong support at 417 levels. If breaks this level, could test 390 on the downside. Resistance is at 440.



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17 Responses

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  1. kpk Says:
    July 21st, 2013
    Posted at: 9:33 am

    hi gm what is the time limit for yesbank pl

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