BF UTILITIES
- According to technical analysis chart no1, BF UTILITIES moving up from strong trend line support @ 584, as long as holds above bulls will be favored, on upper side stock will be finding resistance around 690, once closes and stays above then further strength is expecting. From past few days stock showing some good volumes with increasing price , indicates bulls are taking interest in BF Utilities. Close Watch.
- Intraday close watch once stock starts trading above 690, if holds above then intraday bulls action is expecting.
- As per chart analysis no2, stock is moving up from 200 DMA, as long as holds above bulls will be favored, once closes below then stock will indicate the sign of weakness.
- As per chart no3, if stock moves up from current levels and closes above 690 then will find next strong resistance around 700 and 728, levels as per fibonacci retracement.
- Click here for free Nifty technical analysis.
No comments:
Post a Comment