The stock closed at 242 on 30th January 2015.
It made a 52-week low at 104.40 on 30th January 2014
And a 52-week high at 242.95 on 12th November 2014. The 200 days Exponential Moving Average (EMA) of the stock on the daily chart is currently at 195.43.
After looking at the charts, it is quite clear that this particular scrip is in uptrend and has sustained on a higher note despite of a sharp correction in the broader index last week. Moreover, it has been successful in trading near to its 52 week high of 242.95 which shows its strength in uptrend. So, one may buy in the range of 239-241 for the upside target of 255-258
with SL of 225.
The stock closed at 290 on 30th January 2015.
It made a 52-week low at 134.80 on 14th February 2014 and a 52-week high of `341.50 on 16th September 2014. The 200 days Exponential Moving Average (EMA) of the stock on the daily chart is currently at `247.26. After a consolidation, last week stock has given breakout above 280 levels supported by volume.
Also managed to sustain with a slight drop of almost 1.50 percent as compared to fall in other midcap stocks.
Technical indicators are also supporting this particular scrip. So in the near term it would continue its upward momentum and may reach targets of 305. So, one can buy in the range of 282- 285 for the upside target of 305-310 with SL of 270.
WE DID NOT TRUST THE CHARTS BUT 95% PEOPLE SAYS TRUST THE CHARTSWHO ANY ONE PROOF 30-1-15 AT 30-1-15 2.30 PM ADANI ENT GO UP TO 572 TO 642
BEFORE MY CHARTS SHOW PROOF IT I TRUST WITH GO BEHIND HIS TECHNICALS