MAHINDRA CIE AUTOMOTIVE Share Tips, Technical Analysis Chart, Stock trading Graph - Stock is currently facing strong support at current levels, selling expecting if stock closes below 150. (Updated For 04th August 2014, Monday).

MAHINDRA CIE AUTOMOTIVE

• MAHINDRA CIE AUTOMOTIVE is currently facing strong support around 150 its 38.2% fibonacci retracement, chart indicates once stock closes below 150 and stays below then further selling is expecting and stock can test its next strong support around 144 its 50% fibonacci retracement.
• Intraday close watch once stock starts trading below 150 , if stays below then can see intraday weakness.
• Suggested reading - PETRONET LNG is on the verge of bullish breakout.
• Daily chart also indicates stock is currently stuck in a range once it comes out from its range then sharp move is expecting.
• Stock is currently facing strong moving average support , if look at chart closely then stock always took its 50 days moving average support and moves up. This time close watch it stock starts trading below its 50 days moving average then stock will favor bears and stock can see weakness.
• Click here to see all the trading reports (tips) published by us on MAHINDRA CIE AUTOMOTIVE (as per technical analysis point of view).
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