BF UTILITIES
Stock witnessing selling pressure from trend line resistance zone @ 662, further weakness can be seen as long as it holds below. Bulls action can be seen once it closes and holds above its recent high @ 662.
Visit link below to read article on Nifty futures.
Stock moving up from 50 DMA bulls will be favored as long as stock trades above its moving average.
Suggested reading - BIOCON finding trend line resistance around 485.
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