Recommendation:
CIPLA formed a Cup and Handle Pattern in the Daily Charts. It can be bought at 345-350 for target 368, 372, 380, 400, 410 with s/l 325.
Feedback: Our Recommendation TATAMOTORS given at 21.04.2010 reached the first 3 targets.
Sunday, May 2, 2010
Nifty This Week
Nifty will be in range between 5160 to 5430 levels. The break below or above the points will have a significant rally. Still if NIFTY cross above 5299 it will face Resistance at 5311-15, 5331, 5361, 5385, 5400 and below 5214 the supports at 5200, 5182, 5160, 5134, 5112-08.
Our next Technical Analysis Class is on 09.05.2010. Those wish to join can contact us on these numbers. 98655 12373, 99523 36881.
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