Wednesday, September 29, 2010

NIFTY 50 CEMENT SECTOR TECHNICAL VIEW FOR TODAY 30 September

JP ASSOCIATE TECHNICAL VIEW
JP associate after taken support at 118 starts moving in the uptrend. The stock has immediate resistance level of 123.5 above which the next resistance level of 125 can be tested in the coming time. The stock has good support level of 121 in the short run.


ULTRATECH CEMENT TECHNICAL VIEW
Ultratech cement after took support at 1000 starts moving in the uptrend. The stock has immediate resistance level of 1085 above which if the stock price sustained then the rally may continue to the level of 1100+ in the short run.


BINANI CEMENT TECHNICAL VIEW
Binani cement continues to trade weakly. The stock has immediate support level of 80 below this the stock can show some more correction in the stock price.


AMBUJA CEMENT TECHNICAL VIEW
Ambuja cement has bullish trend. The stock is now trading in the sideways trend for a while with the positive bias so a decisive move above the level of 149 can show further upside moments in the coming time.


ACC CEMENT  TECHNICAL VIEW
Acc cement is trading in the sideways trend and also in a range. The stock has resistance level of 1038 and support level of 997 in the short run. So buying on dip and selling on higher level will be good strategy in the stock.

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