Sensex may test 14260-14380: Angel
Published on Wed, Jul 23, 2008 at 09:46 , Updated at Wed, Jul 23, 2008 at 09:48
Source : moneycontrol.com
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According to Angel Broking Technical Analysis report, On the upside indices may test 1426014380/42804300 levels. Angel Broking Technical Analysis report:
For further details click on attachment |
Attachments : Tech-Report-23.07.2008.pdf |
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Indices opened on a flat note and traded with a positive bias through out the session. On the daily chart, the upper trend line of the Channel is breached. This suggests that the positive momentum is likely to continue in the coming trading session. On the upside indices may test 1426014380/42804300 levels. However if these levels are sustain then the indices may test 14520 / 4350 levels. The immediate support is at 1393013860/4180-4150 levels. We are expecting more stock specific movements with high volatility.


