Technical Charts:RIL,Bombay Dyeing,Larsen and MundraPort Sez

Bombay Dyeing

Bombay Dyeing has it given a break out ?

Looking at daily chart Stock has broken above its upper trending line and 200 DMA with volumes but..

200 DMA is dividing line between BUlls and Bears. Below 200 DMA bears rule and above 200 DMA BUlls do party.

The most important level to confirm breakout id 386-387 above which only if Bombay dyeing closes Breakout gets confirmation and Stock can very well move till 419 levels.

Buy above 387...

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Rgds,
Bramesh
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http://www.brameshtechanalysis.com/

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