Bajaj Hind has breached 20 SMA after a long time. GOOD. Expecting a mimimal 38.2% retracement we can really expect a good short term rally. Tuesday, August 3, 2010
Sugar Get Sweeter
Balrampur Chini, Bajaj Hindustan and Renuka Sugar are some of the key sugar player coming out of bearish phase after a long time. There might be some fundamental reasons agrravating and initiating a rally (news of deregulation of Sugar Sector) but technically charts shows a short term rally of these 3 sugar stocks.
Bajaj Hind has breached 20 SMA after a long time. GOOD. Expecting a mimimal 38.2% retracement we can really expect a good short term rally.
Bajaj Hind has breached 20 SMA after a long time. GOOD. Expecting a mimimal 38.2% retracement we can really expect a good short term rally. 
Subscribe to:
Posts (Atom)