Good Morning.
DBCORP
– looks good above 324, may touch 336.40/340, below 318 it will get
support at 307.80.
GODREJCP
– looks good as long as it do not brake yesterday’s low of 1280.00. May touch
1335/1340/1350.
ITC
– looks good as long as it trades above 324.00. I will watch it along with DBCORP
as both are doing tango.
JETAIRWAYS
– Is it waiting for takeoff signal?
MPSLTD
– broken its earlier resistance of 832 and trying to touch its next resistance
of 896. Above 909 it will get confirmed that it has crossed 896 convincingly.
A stock moves up and down between its support and
resistance, if breaks one it tries to reach next but it is custom to follow
stop loss. I do not follow it.
News and other things have impact on price. Check AMTEKAUTO.
Is the company is going to closed down?
Sometimes it is better to sit on fence till storm
weathers off keeping in mind it may take long time to cool down.
This
is only for information and study purpose.
Regards.
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