Monday, October 4, 2010

NIFTY 50 CEMENT SECTOR TECHNICAL VIEW



ULTRATECH CEMENT TECHNICAL VIEW


Technical View

Ultratech cement after took support at 1000 starts moving in the uptrend. The stock has immediate resistance level of 1110 above which if the stock price sustained then the rally may continue to the level of 1150+ in the short run.

SAMRUDDHI CEMENT TECHNICAL VIEW



Technical View 

Samruddhi cement has bullish trend. The stock is now trading in sideways trend for a while with the positive bias. So a decisive move above the level of 526 can show some more upside in the coming time.

JP ASSOCIATE TECHNICAL VIEW



Technical View

JP associate after taken support at 118 starts moving in the uptrend. The stock has immediate resistance level of 129 above which the next resistance level of 132 can be tested in the coming time. The stock has good support level of 125 in the short run.

ACC CEMENT TECHNICAL VIEW



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.

AMBUJA CEMENT TECHNICAL VIEW



Technical View
Ambuja cement made high of 150.25 and since then trading with the negative sentiments. The stock has immediate support level of 139.5 below which if the stock sustained then some more correction may be seen in the stock price.



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