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HAVEELS INDIA facing strong resistance at current levels. Updated On 09th June 2014 (Monday).

  • HAVEELS INDIA gave sharp up move when it comes out from its up channel formation as shown above.
  • Close Watch havells now facing its 261.8% fibonacci retracement weekly resistance.
  • If stock corrects from current levels then havells can correct and will have support around 1131, 1090.

TV 18 BROADCAST has formed bullish double bottom formation. Updated On 09th June 2014 (Monday)

  • TV 18 BROADCAST moving up from 38.2% fibonacci retracement, stock to favor bulls.
  • Stock has also formed double bottom formation in weekly chart, indicates if breaks above then bulls to get active in TV 18.
  • Stock will now face resistance around 38.50 & 44.50, above that we can see some activity in TV 18.
  • Stock has also moved from 10 days moving average as shown above , indicates stock to favor bulls.

Next Stock Update - HAVELLS (I)
Time :- 08th June 2014 (Sun.), 06:15 pm

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