Sunday, June 19, 2011

Avanta India(ADVANTA)- A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook


ADVANTA  closes  at 275.45  with a fall  of -1.0%  on 17 June 2011 with formation of Small White Candle  on Daily  Price Chart. Technically ADVANTA is  looking extremely overbought  on  Daily Charts. Major Momentum Indicators are Showing Weakness on Daily Price chart.W% R is Cooling-Off From its higher levels along with RSI, Buyer-Seller Force Index & PZO.
We Recommend to SELL  - ADVANTA at  CMP
Target- 265/250
Stop-Loss – 281
Time Frame- 5-10 Trading Days
 
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based quant Research Firm, M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks, trades at NSE. We use Ami Broker Charting Software. You can reach the Chartist here mail@niftynext.com .
 Call NiftyNext # +91 880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

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