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Thursday, November 25, 2010

Karur Vysya: Be Prepared


KARUR VYSYA Daily NSE Stock Chart Technical Analysis:

After taking support of the 100-DMA, the price rose to get back above its 520 support line and has stayed there for the last 5 days.  A sideways week until now for Karur Vysya.

Market Outlook:

  • Watch out for the 520 level.  The price must stay above this for any quick future rise.  


Technical Indicators:

  • Keep an eye on Karur Vysya to make money, an opportunity soon.
  • The stock is all set to gain speed ... but this could be either upwards or downwards.  Get ready for both opportunities - to buy or to short.   
  • If it jumps up, 639 is a good target.  If it crashes, support is available at 444.
  • There's a group of tweezers formed, the market is undecided and preparing to make a head in a single direction soon.


KARUR VYSYA Daily NSE Stock Chart Technical Analysis


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