Technical Analysis:BF Utility,Tech Mahindra and NTPC
BF Utilities Limited
BF Utility is at its 200 DMA and i belive stock will show a good bounce after going for around 2 weeks of slumber and decline in trading activity.Technically Stocks looks ripe for bounce.
Indicators are in Oversold Conditions and Volume is on decline as shown in above chart.
Buy around 967 Tgt 1007 1045 and 1071
Stock is facing very tough resistance at 1071 and if it is crossed with volumes except a new 52 week high on BF UTILITY
Tech Mahindra
Tech Mahindra is also on a verge of Trend Transition …
Read the full story »
BF Utility is at its 200 DMA and i belive stock will show a good bounce after going for around 2 weeks of slumber and decline in trading activity.Technically Stocks looks ripe for bounce.
Indicators are in Oversold Conditions and Volume is on decline as shown in above chart.
Buy around 967 Tgt 1007 1045 and 1071
Stock is facing very tough resistance at 1071 and if it is crossed with volumes except a new 52 week high on BF UTILITY
Tech Mahindra
Tech Mahindra is also on a verge of Trend Transition …
Read the full story »
posted by Bramesh at
12:48 PM
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