JSIL Mid Term Anlaysis 18 Feb 2013
"JSIL" Seems under pressure Our Prefrence: JSIL seems under pressure as long as 9.10 is resistance. Closing above 9.10 will set its bullish trend towards 9.48 and 10.12. Alternative Scenario: As long as 9.10 is sustained as resistance it can take a dip till 8.30, 8.18 and 7.89. Note: JSIL have came out of its upward channel and also have not completed its corrections. It have faced resistance on same level today which is lower line of that upward chanel, so that line can become resistance again and can push it towards it correction levels. In weekly trend it have generated a bearish dark cloud pattern which also a sign of bearish trend so wait till the breakage of 9.10 for buying or best buying level can be near 7.89 with its strict stop loss as market is in oversold region and can crash any time.RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3
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John Doe
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