NF (4929) - Resistance 4970-4990 and above that next resist 5040-5060 Support 4910-4890 and below that next support 4860-4840
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Showing posts from May 14, 2012
Punjab National Bank
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PNB (745) - Posted on 28th Feb "last hope and support 888 and below that down side target 750" as posted it broke the support 888 on 24th april and on 10th may it attacked the mentioned down side target of 750 (and last friday made low 735 also) now what next ? Crucial level 750 But three consecutive close below 750 then next short term down move target 560-540 ( Already one close happened below 750 on last friday ) Otherwise expect pull back from here.
Tata Motors
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TATAMOTORS (297) - As reminded on 20th April It went upto the mentioned resistance of 320-324 (made high 320 not one day but three days on 19,20 and 21 april) and from there already corrected to 288 . now what next ? Support 292-288 and resistance 320-324 But trade and stays below 288 then next down side target 265-260