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Stock moving up from 23.6 fibonacci retracement support zone @ 383.50 as shown in above technical image, as long as stock holds above bulls will be favored, on upper side JET will see further bulls action once it closes and holds above its recent top @ 418.
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Stock currently trading above 100 DMA this will favor bulls on upper side it will find strong trend line resistance at its previous top @ 293, further price rise can be seen once it closes and holds above 293.
Intraday stock looks good once it holds above 293, will find resistance around 296, 298.
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Stock has formed triangle pattern in daily chart and is now on the verge of bearish breakout, stock can see price fall once it closes and holds below 519 (its trend line support).
Intraday stock can see weakness once it holds below 519, will find support around 513, 510.
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Stock has formed head and shoulder pattern in daily chart is now on the verge of bullish breakout, technical indicates price rise can be seen once stock closes and holds above its resistance zone @137.
Intraday Power Grid looks good above 137. Will find resistance around 139, 140.
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Intraday bulls action can be seen once stock holds above 262. Will find next intraday resistance around 265,267.
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Stock closed above its range bound zone technical indicates further bulls action can be seen in coming days.
Intraday bulls action can be seen once it holds above its yesterdays high @ 5350. Intraday will find resistance around 5385, 5400.
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