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Stock is finding strong trend line resistance around 70.50, chart indicates further price rise can be seen once stock closes and holds above 70.50. Visit link below to read article on what is nifty:- http://fi-advisor.com/what-is-nifty-and-nifty-futures.html. Intraday Jain Irrigation looks good if it holds above 70.50. Will find resistance around 72.50, 73.50. S.L - 69.50.
Stock witnessing selling pressure from strong trend line resistance zone, technical indicates bears will be favoured as long as stock holds below its resistance zone. Bulls action can be seen once it closes and holds above 349.
Stock witnessing selling pressure from strong trend line resistance zone @ 203, technical indicates bears will be favoured as long as stock holds below its resistance zone 203. Further bulls action can be seen once it closes and holds above 203.