Friday, 2 September 2016

{LONGTERMINVESTORS} ILFS Engg

ILFS Engg  CMP 58.3

In Jul  it went up to 58.60 with high volume & closed above monthly short term EMA .


In last month it gave retracement up to 45.8.

On 31 Aug it went up & gave BUY signal on daily MACD.

Today it went up 20 % 

It will breach 58.6 on Monday.

Expected to give retracement, chance to BUY as next resistance is at 

1. 74.5   Dec15 high

2. 80.75   Oct 15


running



The market does speak ...... we only have to listen.

Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations. 
We will not be responsible for losses purportedly arising from the use of our recommendations

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