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DABUR on the verge of breakout above 192. Updated On 06th June 2014 (Friday).

  • DABUR facing strong trend line resistance around 192 , as shown above. Stock moving up from its trend line support indicates will favor bulls.
  • If starts trading above 192 wit volumes then chart indicates stock will test its next resistance around 203. (Fibonacci retracement level).
  • Stock is also moving in its long term bullish zone as shown above in monthly chart.

Helios And Matheson on the verge of breakout above 87.25. Updated On 06th June 2014 (Friday).

  • Helios And Matheson facing strong trend line resistance around 87.25 as shown above
  • Stock also facing 50 days moving average resistance at current levels, stock must trades above 50 days moving average to favor bulls.
  • On weekly chart stock is facing golden ratio support. As long as trades above will favor bulls. Close Watch.

Rolta On the verge of breakout above 112.50. Updated On: 06th June 2014 (Friday).

  • ROLTA (I) moving up from 23.6 % Fibonacci Retracement.
  • Stock also facing trend line resistance around 112.50 in weekly chart, If breaks with volume then looks bullish.
  • On upper side stock will face 50% Fibonacci Retracement resistance around 130 in monthly chart.

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