Technical Analysis:KS Oils,Exide Industries and Essar Oil
KS Oils
KS Oils has given a bullish breakout today moving above its 50 DMA@52 with volumes and which has been eluding its for quiet a few trading sessions. KS oils now faces a resistance at 100 DMA @ 54.3 which if crossed will propel stock to its 200 DMA@62 in few trading seesions
As can be seen on charts trading KS oils with patience and with levels metioned can reward for a move of 10-15% moves in short term
Buy above 54.3 Tgt 55.35,57 and 62
Read the full story »
KS Oils has given a bullish breakout today moving above its 50 DMA@52 with volumes and which has been eluding its for quiet a few trading sessions. KS oils now faces a resistance at 100 DMA @ 54.3 which if crossed will propel stock to its 200 DMA@62 in few trading seesions
As can be seen on charts trading KS oils with patience and with levels metioned can reward for a move of 10-15% moves in short term
Buy above 54.3 Tgt 55.35,57 and 62
EXIDE Industries
Exide is forming a ascending triangle …Read the full story »
posted by Bramesh at
2:24 AM
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