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Essar Oil

 
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Author Essar Oil
ktpillai
White Belt
White Belt


Joined: 23 Nov 2007
Posts: 95
Post: #1   PostPosted: Sat Jun 23, 2012 9:24 am    Post subject: Essar Oil Reply with quote
Attaching the daily chart of Essar oil.lvl 54.50 has been offering res for the last 9 days.Another res lvl 55.45 has been there since long time. The scrip has violated both these lvls and closed above that.Next double top is seen at 60.55 follwed by 200 dma at 63.65.If the scrip successfully violates 60.55 the scrip may move towards 200 dma.Experts your comments pl

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p_wangdu
White Belt
White Belt


Joined: 30 Apr 2012
Posts: 126
Post: #2   PostPosted: Sun Jun 24, 2012 9:07 pm    Post subject: Re: Essar Oil Reply with quote
ktpillai wrote:
Attaching the daily chart of Essar oil.lvl 54.50 has been offering res for the last 9 days.Another res lvl 55.45 has been there since long time. The scrip has violated both these lvls and closed above that.Next double top is seen at 60.55 follwed by 200 dma at 63.65.If the scrip successfully violates 60.55 the scrip may move towards 200 dma.Experts your comments pl
as per my view essar oil is a buy on dips sl at 52 target 79.95 cmp 56.50.

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