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MAX INDIA on verge of breakout - 05th May 2014 (Monday).

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SHALIMAR PAINTS facing strong support at current levels - 05th May 2014 (Monday).

  • SHALIMAR PAINTS facing strong 100 days moving average support.
  • Close Watch stock also moving up from fibonacci retracement support levels.
  • Chart indicates some movement expecting once starts trading above 85 with volumes.
  • Upper side trend line resistance around 93, 104.
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ONGC Corp on the verge of bullish breakout - 05th May 2014 (Monday).

  • ONGC CORP moving up from fibonacci retracement 1st support as shown above.
  • Close Watch stock in now facing trend line resistance around 336.
  • If starts trading above 336 with volumes then look good.
  • Will face next major trend line resistance around 340, 352.

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