Monday, September 8, 2008

Trace & Track Report – Religare

by Bharat Mudgal 0 comments



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The daily chart of Tata Power shows bullish
candles on decent volumes. It appears to be
consolidating before a fresh move. Support is
at 1053 which if holds can test 1108-1122. A
decisive breakout below 1053 can test Rs.1033
and 1005.
Resistance: 1111, 1127, 1149.
Support : 1053, 1033, 1005-1012.

 

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Bharat Mudgal
Analyst, stockMode Networks
India
bharatmudgal@stockMode.com

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