CAIRN INDIA technical analysis, stock on the verge of bearish breakout @ 303.

CAIRN INDIA

• CAIRN INDIA facing strong trend line support @ 303, Close watch weakness expecting once stock closes and stays below 303.
• Chart also indicates stock coming down from 23.6% fibonacci retracement, this will favor bears to take price down further.
• If stock falls from current levels and stays below 303 then will find support around 280 its 161.8% fibonacci retracement level.

BATA INDIA tips on share, bullish breakout stock favor bulls.

BATA INDIA LTD

• BATA INDIA is moving in a up channel foramtion, will favor bulls as long as moving in up channel pattern.
• Stock has formed head and shoulder pattern, and now closed above, will favor bulls as long as holds above 1360.
• If stock moves up from current levels then will find resistance around 1470 its 161.8% fibonacci retracement. Close Watch.
• Tips on share.

MCX ZINC commodity tips, Will favor bulls once closes above 142.50.

MCX ZINC

• MCX ZINC is moving in a down channel formation, commodity is now trying to come out, will favor bulls once Zinc closes above and stays above 142.50. If moves then will find next strong resistance around 145.
• Chart also indicates stock is moving up from 100 days moving average, as long as holds above bulls will be favored.
• Recently stock is moving up from support @ 134.50 its 50% fibonacci retracement, as long as holds above 134.50 short-long term traders will be favored.
• Commodity tips.