GMR infra ..... Can it cross 85 ?? ...and updates
GMR INFRA :As
per the bse announcements promoters continue to increase the stake in
the stock. Technically it is yet again close to the resistance zone of
83-85. Will it be able to cross or the current move is only coz of
promoter buying is a difficult question to answer. Volumes also are not
great enough.
So
would prefer to watch for more clues. Traders who would like to take a
trade can either buy above 85 or sell with a stop of 85 odd ....
Sensex Technical View :
Sensex
makes a high around 9024 and settles a little lower. Nothing
consequential in the day as of now.The resistance on upside remains
around 9100-9250. On the downside supports at the gap zones of
8480/8270 roughly.
Stocks to watchout for :
Cairn continues to remain bullish for 174/185 in short term. Infy does 1260 , TVS motors keep a stop of 20.
Cairn
The
stock continues to look strong on charts for a tgt of 174/185 . Buy on
dips to 165-167 with a stop of 164 for the day tgt 174-178 .
GMR infra chart posted above ...
Speculative moves possible in Havells and EKC .. Technical speculation
Best Regards,
Nooresh
09819225396
noorrock2002@gmail.com
http://nooreshtech.blogspot.com/
http://nooreshtech.blogspot.com/
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