Thursday, May 17, 2012

Stock view!!!!

Prime Focus
The stock opened with a gap 2 days before.
Filling of that gap is necessary to maintain a sustainable upside movement.
Stock can come till 43.50 in coming days.

JSW steel.
Wasnt able to understand a movement yesterday as chart was giving both the signal.
Today stock closed today and there can  be negative movement tomorrow as well.
stock can slide till 590 and support can be seen there!!!
Sideways to negative movement for tomorrow.

Aurobindo pharma
Stock make a high of 108.85 and low of 103.5.
The range given yesterday was 104-110.
Positive movement can be seen again tomorrow.
resistance at 110-112.

JP Associate
There stock seem to changing the trend and positive movement can be seen in the stock.
Closing above 64 tomorrow will give boost to upside movement.
positive for short term on this stock tgt 66-70!!!

M&M
stock is in negative mode and there can be more downside!!!
Support of 630 is crucial thereafter next support at 580 can be seen.

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