Wednesday, December 8, 2010

Sun Pharma, Suzlon and Tata Steel- Technical Levels

SUN PHARMA

TECHNICAL OVERVIEW:
Sun Pharma has bullish trend. The stock is now trading in the sideways trend with the positive bias. So above the level of 470 it may continue to trade in uptrend in the coming time.
RESISTANCE -470
SUPPORT -450

SUZLON

TECHNICAL OVERVIEW:


Suzlon after made high of 54.5 is trading with the weak sentiments. The stock is looking weak and below the level of 50 it made show some more correction in the coming time.
RESISTANCE -53
SUPPORT - 50

 TATA STEEL

TECHNICAL OVERVIEW:


Tata steel has bounced back from the support level of 575. The stock is looking bullish and has support level of 615 in the short run so above which if the stock price sustains then it may continue the uptrend in the coming time.
RESISTANCE: - 650
SUPPORT: - 615

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Posted By Commodity MCX Tips