Bonus Issues, Stock Splits, Rights Issues, IPO Updates: Technical Analysis – Punj Lloyd |
| Technical Analysis – Punj Lloyd Posted: 29 Sep 2010 05:32 AM PDT The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL The stock advanced 12 per cent last week, accompanied with good volume. From significant resistance level of Rs 300 encountered in October 2009, Punj Lloyd has been on an intermediate-term downtrend. However, recording a 52-week low of Rs 104 on August 31, the stock began to rally. [...] Read More...
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| Posted: 29 Sep 2010 04:44 AM PDT The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL IDBI: The stock touched its 52-week high on Friday at Rs 154.8. The immediate-term outlook remains positive for IDBI. Another conclusive close above Rs 154 has the potential to lift the stock towards its all-time high levels around Rs 179 level, though in between Rs 168 could [...] Read More...
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