Technicals: Ranbaxy,Cairn and DLF
RANBAXY
Ranbaxy is facing a resistance in the range of 554-557 break of this range can propel the stock to 570 odd levels and failure to break the range can move the stock down to 514 levels. Good range to trade for swing traders
Cairn is trading in range of 302-314 and Indian government passing the deal today can give booster to stock on upside and move above its trading range.
Buy above 314 Tgt
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Ranbaxy is facing a resistance in the range of 554-557 break of this range can propel the stock to 570 odd levels and failure to break the range can move the stock down to 514 levels. Good range to trade for swing traders
Buy above 557 Tgt 565 and 570
Sell below 544 Tgt 538,531 and 525
CAIRNCairn is trading in range of 302-314 and Indian government passing the deal today can give booster to stock on upside and move above its trading range.
Buy above 314 Tgt
Read the full story »
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