Friday, August 6

Technical Calls on ABAN offshore,BF utility and Ahmednagar Forging

ABAN Offshore
Aban Offshore is near its long term trend line and qualifies for a short term buy if it is able to break the trend line resistance of 915 on upside.Volumes are on higher side and RSI indicator showing strength which is trading above 50

Buy above 915 Tgt 924 and 936( 943 which is 100 DMA resistance in immediate term)

Ahmednagar Forging
Ahmednagar Forging is stuck in trading range of Rs 119-141 as shown in charts .Last trading sessions touched the higher end of trading range on an expanded volumes as compared to last …
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