LIVE Market Technicals with CK Narayan

Cadila seems in a mood to continue higher, thus making intra week dips into buying opportunities.

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CK Narayan of Chart Advise, Dalal Street's most seasoned and arguably senior-most expert in market technicals, will share his technical tips on the go right here on this page

If you care to look at technical charts before taking investment/trading decisions in the stock market, this is the place you should be visiting regularly. CK Narayan of Chart Advise, Dalal Street's most seasoned and arguably senior-most expert in market technicals, will share his technical tips on the go right here on this page. Stay logged in!

Vedanta stock at a critical stage
There has been a gradual rise in Vedanta over the last few months and a small breakout of sorts is seen today after recent consolidation. This has now brought the prices into the former zone of hesitation back and hence it is essential that the stock should now show some momentum in order to move higher. We can look for a rise towards Rs 130-135 levels.
Vedanta snip 1

Cadila: Uptrend set to continue

Cadila has resolved a 4-month long consolidation on the upside with a strong thrust last week. It seems in a mood to continue higher, thus making intra week dips into buying opportunities. A good buying range can be around the Rs 380-85 levels where the first pullback support exists.

Cadilla snip 1

(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)
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