HINDUSTAN LEVER (234.90)
AUGUST 17, 2006
HLL IS TRADING WITHIN THE TRIANGLE BAND, SO ANOTHER COUPLE OF DAYS IT'LL BE IN THE TRIANGLE. TECHNICALLY LOKING VERY SOUND. 225 AND 245 ARE THE KEY LEVELS FOR THIS STOCK. I RECKON 225 IS THE MAJOR SUPPORT AND 245 IS THE MAJOR RESISTENCE AREA. AND THE ABOVE MENTIONED LEVELS ARE TRIANGLE BREAKOUT OR BREAK EVEN. FROM INDICATOR POINT OF VIEW EVERYTHING IS OK.
HLL IS TRADING WITHIN THE TRIANGLE BAND, SO ANOTHER COUPLE OF DAYS IT'LL BE IN THE TRIANGLE. TECHNICALLY LOKING VERY SOUND. 225 AND 245 ARE THE KEY LEVELS FOR THIS STOCK. I RECKON 225 IS THE MAJOR SUPPORT AND 245 IS THE MAJOR RESISTENCE AREA. AND THE ABOVE MENTIONED LEVELS ARE TRIANGLE BREAKOUT OR BREAK EVEN. FROM INDICATOR POINT OF VIEW EVERYTHING IS OK.
posted by Naveen Pantera at 9:11 PM
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