Wednesday, May 11, 2016

WABAG.



Good Morning.

I will take delivery of WABAG today. It has resistance in the range of 603 – 613, weak below 570. In case if it goes below 570 I will buy more at proper level.

Above 617 it will try to cross 635/645.

Yesterday it closed at 593.65, previous close was at 575.10, and there was block deal in it.

MA 30 – 558.45. MA 50 – 531.13. MA 150 – 605.32. MA 200 – 633.87.
Result on May 26th and expected to be good.

S.MAHESH.