Wednesday, 30 March 2016

{LONGTERMINVESTORS} Zen - Technical Calls

 

Buy GICHsgfin trading above 242 SL 230 or 225 TG 265/290

GICHsgfin seems to be forming a symmetrical triangle pattern in the WEEKLY charts indicating consolidation.

A decisive break above and sustained trading above its near term resistance at 242 levels in the coming trading sessions could signal a breakout on the upside.

It could face immediate resistance at 265 levels.


All levels on an EoD (End of Day/Closing) basis.




Buy TNPL trading above 218 SL 205 TG 230/245

TNPL seems to be forming a inverse head and shoulders pattern in the daily charts with neckline resistance at 218 levels.

A decisive break above and sustained trading above 218 levels in the coming trading sessions could signal a breakout on the upside.

It could face immediate resistance at 230 levels.


All levels on an EoD (End of Day/Closing) basis. 

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