CAIRN India witnessing selling pressure from 50 DMA @ 153.50, as long as it holds below bears will be favored. Currently Cairn finding 38.2% fibonacci retracement support around 140, once it closes and holds below 140 then further weakness can be seen in coming days.
Free intraday stock tips updated for 23rd September 2015, Wednesday.
CAIRN India looks weak below 140.
Will find support around 137.50, 136.
S.L 141.50.
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