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PFC on the verge of breakout, moving in up channel - 07th May 2014 (Wednesday).

  • PFC is moving in an up channel formation.
  • Stock also trading above 20 days moving average
  • Moreover PFC also moving up from 1st fibonacci retracement support level.
  • As long as stock stays above fibonacci retracement and moving averge , stock looks bullish.

GPIL On the verge of breakout, resistance around 92.50 - 07th May 2014 (Wednesday).

  • GPIL has formed bullish formation and also moving up from 20 days moving average.
  • Stock also facing its trend line resistance around 92.50.
  • Close Watch chart indicated once stock starts trading above 92.50 with volumes then looks good

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