Housing development and infrastructure (HDIL) is nearing its strong support of 288-290. its has formed a triple bottom formation here and if it holds onto 288-290 levels it show a bounce upto 310-315. One can enter it at around 290 with strict sl at 285 (closing basis).
Couple of closes below 285 could take the stock lower to 260.
HDIL - Technical view
23 February 2010
HDIL - Technical View TARGET ACHIEVED AT 315 ON 26/02/2010
Housing development and infrastructure (HDIL) is nearing its strong support of 288-290. its has formed a triple bottom formation here and if it holds onto 288-290 levels it show a bounce upto 310-315. One can enter it at around 290 with strict sl at 285 (closing basis).
Couple of closes below 285 could take the stock lower to 260.
HDIL - Technical view
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment