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Wednesday 27 May 2015

27.05.2015 Inside bar formation scrips

DIVISLAB 

Leading Pharma company of India. For the last 2 days this stocks forms Inside bar formation after forming a high of 1892 from the low of 1782. Yesterday and todays high and low are lower then these high and low. 

Waiting for a breakout in any one direction tomorrow. If it crosses the high of 1851 u can see the previous day high cut of 1892 then another 100 to 150 points up side
If it fails to move up and cuts yesterday low of 1797 same u can see 1782 and 1690 soon.....

Wait for the clear direction 

BUY ABV 1851 AND 1892 
SELL BLW 1797 AND 1782
 
CENTURYTEX
Centurytex leading textile industry of India. 
For the last two days it had formed inside bar 
Wait for breakout in this scrip on 28.05.2015

Tomo if it starts moving above 674.9 u can see 677.5 cut very soon and 750 in the next week 

If it cuts yesterday low of 651.55 u can see 647.8 break and 600 in the day itself
So wait for a clear direction in this scrip. If you find DIRECTION it will move accordingly

CENTURYTEX
BUY ABV 674.9-677.5 target 750 
SELL BELOW 651.55 - 647.8 TARGET 600
  

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