Monday, November 15

Technical Analysis of MUNDRA PORT,RANBAXY LABS,TATA MOTORS

MUNDRA PORT

Mundra Port is forming double bottom formation which if held can see a good upmove till its 50 SMA@160 levels and if it fails to get support at 150 levels can slide till 143 levels on downside.
As technical Indicators are in oversold zone bias is towards upside

Buy above 151 Tgt 153 155 and 156
Sell Below 149 Tgt 148 and 146


RANBAXY LABS

Ranbaxy Labs has broken its solid support of 50 SMA@571 on a low volumes .Well breach on 50 SMA on upside only made the bull run from 460 levels …
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