Friday, 5 July 2013

Lupin may give some of the gains , Gail presenting shorting opportunity

Lupin has given excellent returns in last 6 to 9 months, but it may be a good idea to short Lupin (Trading Call) , as RSI Divergence and  Bearish Reversal Candlestick Patterns are suggesting that it may see some correction in next few trading sessions.

Gail also has been in bullish trajectory for last few days , but it is finding tough to cross 335 levels. Also Bearish Engulfing pattern suggests that it may see some correction in next few trading sessions.

Happy Trading !!!!

Disclaimer: 
These notes/comments have been prepared solely to educate those who are interested in the useful application of Technical Analysis. While due care has been taken in preparing these notes/comments, no responsibility can be or is assumed for any consequences resulting out of acting on them.

1 comment:

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