• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Lokeshwarri S. K.

The stock did not let us down and truly behaved like a leader last week, gaining 5 per cent and pulling the Sensex up along with it. The stock hit an intra-week high of Rs 1,291.8. The medium-term targets of Rs 1,302 and Rs 1,380 still hold.

The immediate upward target for this stock is 1,333. Short-term traders can book some profits in the zone between Rs 1,300 and Rs 1,330. Supports this week would be at Rs 1,255 and then at Rs 1,220. Do not initiate fresh long positions if the price dips below Rs 1,255.

More Stories on : Technical Analysis | Stocks

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Blue Dart - Delisting offer: Avoid

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line