Tuesday 14 January 2014

CHANA TREND & INTRADAY LEVELS 14-Jan BY CAPITAL STROKE

Chana is in perfect uptrend .Currently Chana is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Chana is in SELL position.Positionally Support for the Chana is 3031-3019-3014-3008-2989-2988-. Immediate resistance for Chana is 3133

Short term and Intraday Level of CHANA

Currently Chana is in HOLD LONG position The Chana is not giving any clear signal So buy only if close above3059.0 and sell below 2971.0 The oscillator is showing BUY signal 
Intraday Trend-The Chana closed in a confusion manner So buy for intraday only above 3065.5 with a stop at 3030.2 If opens below 3030.2 or trade below 3022.6 be cautious or go for sell with stop at 3057.8
Intraday Resistance of CHANA are 3059.4 : 3072.1 : 3100.1 : 3116.4 : 3128 : 3139.6
Intraday Support of CHANA are 3028.6 : 3015.9 : 2989.7 : 2973.8 : 2962.5 : 2951.2

 

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