TECHNICAL DESK CALL: 20 JAN 2014
Positional Strong Buy HINDUNILVR (FUT) cmp 560 Stoploss 538 Target 580+++601
Remarks : Hindunilvr on daily charts looks attractive from the point of view of dad cat bounce as it has been from past many period it is under performing the market and had corrected from September months high of around 685 to 538 recently mad low so from that point it is now making some consolidation before it slip any further on downside we are expecting the stock to touch 38% retracement level i.e. 594....please read our disclaimer
Positional Strong Buy HINDUNILVR (FUT) cmp 560 Stoploss 538 Target 580+++601
Remarks : Hindunilvr on daily charts looks attractive from the point of view of dad cat bounce as it has been from past many period it is under performing the market and had corrected from September months high of around 685 to 538 recently mad low so from that point it is now making some consolidation before it slip any further on downside we are expecting the stock to touch 38% retracement level i.e. 594....please read our disclaimer
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