Retail stocks Technical analysis -- Pantaloon Retail, Provogue India,Shopper Stop

Retail stocks will be in limelight in today's trading session after Indian Government allowed FDI in Multi brand retail. Stock will be opening with huge gaps but still we can find trading opportunities. Lets jump into technical of   Pantaloon Retail, Provogue India,Shopper Stop

Pantaloon Retail

Pantaloon Retail will be in limelight tomorrow trading session.Stock will open with a huge gap up probably around 180-185 levels. Last time the FDI in multi brand retail came Pantaloon made a rally from 148-238 in just 8 trading session. So same feat can be repeated this time also.
Stock will face trend line resistance at 190-193 odd levels.

Buy above 196 Tgt....

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