Short Term Trading Calls:Jain Irrigation,Ranbaxy Labs and Bajaj Auto
Jain Irrigation
Forming Triple top @245 crossing over it with volumes can take the stock to new highs levels
Ranbaxy Labs
Ranbaxy Labs is unable to cross 50 SMA @583.Today also tried to cross it but selling pressure from higher levels made the stock to close below crucial 583 Levels.
Bajaj Auto
Bajaj Auto takes support at 100 DMA at every corrective dip as shown in chart.Once correction gets over stock rallies …
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Forming Triple top @245 crossing over it with volumes can take the stock to new highs levels
Buy above 245 Tgt 248,255 and 266
Ranbaxy Labs is unable to cross 50 SMA @583.Today also tried to cross it but selling pressure from higher levels made the stock to close below crucial 583 Levels.
Buy above 583 Tgt 588.7,595 and 601 Sl 575
Short below 583 Tgt 575,570 and 563 Sl 588
Bajaj Auto takes support at 100 DMA at every corrective dip as shown in chart.Once correction gets over stock rallies …
Read the full story »
posted by Bramesh at
10:53 PM
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