25 October 2010

PIPAVAV SHIPYARD (BUY): Technical tip by indiabulls research,

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PIPAVAV SHIPYARD (BUY)
Particulars Rs.
CMP 93.10
Target Price 94/96/100
Stop Loss 90
Support-Resistance 85/100
Comment
􀂃 RSI is in the neutral zone at 55 levels, likely to show an
uptrend.
􀂃 Stochastic is moving in overbought territory showing
positive crossover also indicating upside.
􀂃 Stock is trading above 08 day EWMA and not showing
any correction.
􀂃 MACD showing positive divergence.

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