Nifty Tips
IRB Infra was moving in a range of about Rs 240-300. In case Rs 300 gets taken out because of results then we have a further Rs 60 in the table. Jubilant Foodworks moved up quite sharply some months back and then has been consolidating. If it can stay above this level of Rs 350 then a retest of Rs 423 is possible.
HCC consolidated at lower levels around Rs 92 or Rs 100, slowly moving up. Now if it can maintain above this Rs 140-141 then we could see it trying to reach levels of Rs 160-165 but if somebody got in around Rs 100 right now is a good place to take some profits
IRB Infrastructure Developers looks interesting. It have been consolidating for about nearly 8 to 10 months and is slightly far off from a breakout but if it close at the levels it is today I think that would mean an upward bar reversal on the weekly charts. That will be very interesting to look at.
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