Techcheck Daily |
Sterlite Ind bullish short term setups emerge |
n Chart of the Day: Sterlite Ind, breaks out of a bullish H&S formation 197-200 are potential targets.
n Nifty channel break looks convincing, downside target 5950-6000
n Nifty the medium term picture continues to look healthy and breakout targets on the upper channel remain pending
n INR initial targets met, double bottom at 44.05, expect a bounce back till 45-45.5 before lower channel targets at 42 are met
n Stocks with positive short term bias
n Sterlite Ind, Aptech Ltd, Praj Ind, Andhra Bank, Infosys
n Stocks with negative short term bias
n TISCO, Sesa Goa, Bank Nifty
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