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WIPRO LTD testing its major support around 517 - 06th May 2014 (Tuesday).

  • WIPRO facing its strong trend line support as shown above around 517.
  • Stock also facing its fibonacci retracement (04th major support).
  • Even macd is in -ve zone indicates further weakness.
  • Close Watch once starts trading below 517 with volume can see further weakness.

CADILA HEALTHCARE facing strong support at current levels - 06th May 2014 (Tuesday).

  • CADILA HEALTH care facing strong support at current levels as shown above
  • Stock facing strong long trend line support
  • As well as 1st Fibonacci retracement support level
  • And 50 days moving average support zone.
  • As long as stock stays above its all support zone, CADILA looks bullish.

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