Technical Analysis On WHEELS INDIA - Updated On 10th June 2014 (Tuesday).

• WHEELS INDIA moving up from 20 days moving average, as long as stays above stock to favor bulls.
• Stock also crossed its fibonacci retracement golden ration resistance levels, as long a trades above will favor bulls.
• If Wheels india stays above then on upper side will face resistance around 680, 720. Close Watch.

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Free Technical Analysis On INDUSIND BANK - Updated On 10th June 2014 (Tuesday).

• INDUSIND BANK moving up from 23.6% fibonacci retracement in weekly chart , as long as trades above will favor bulls.
• Stock also trading above 20 days moving average in daily chart will favor bulls.
• On daily chart stock will now face resistance above 564, 585, once starts trading above resistance can see bulls to get active.

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Next Stock Update - -WHEELS INDIA

Time :- 10th June 2014 (Tues.), 09:15 am

NIFTY SPOT Closed above resistance stock to favor bulls. Updated on: 09th June 2014 (Monday).

• NIFTY SPOT closes above its resistance stock to favor bulls.
• Nifty also moving from 20 days moving average , as long as stays above looks bullish.
• Nifty also moving in a higher highs and higher low formation as long as formation is intact long term bullish trend is safe.

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Next Stock Update - -INDUSIND BANK

Time :- 09th June 2014 (Mon.), 3:15 pm

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.

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