VEDL (96.55) - See the post dated 22nd July
It shows that how the down trend capitalization gives quick and big return.
From the posted break down level of 172-167 to posted Ultimate down side target of 82--78
that is, more than 50% fall happened in less than 2 months
After this post, on 25th Aug. it made low 76.70 that means posted target attacked and now trading at 96.55.
Any pull back, now face resist at 116-121
and support once again at 82-78
but below that
down move continue to 62-58
Note : If click the above posted stock logo, can get the posted stock details (including price data, fundamentals,financials and company profile ),
Credit : msn money.