This post is with respect to the last technical view on aban
CMP : Rs 318.95
Aban Today Sustains above 317.6
Just above Weekly 5 EMA ( 317.6) and 20 day EMA(317.2) Resistance line
RSI-2(daily) – 98.67(Overbought levels)
If sustanins above 317 on friday(i.e tommorow) then next target towards 34 day EMA
34 EMA(Daily) – Rs373.9 .Else Usual profit booking in this counter.
http://www.nseindia.com/content/equities/scripvol/datafiles/01-03-2009-TO-20-03-2009ABANXN.csv
Check out the Enough Deliverable Quatity Not even 10%. Poor One. Still the stocks moves
purely based on speculation. Still Investors are not finding it as a valuable buy.
Will the speculation continues???
hello sir ur comments on SMR at 20.5 a critical valuergdssam
Yes really critical now. Breakout above 2830and Nifty is breakdown if 2830 is not surpassed.