20MICRONS Closes at `86.90 with a Fall of -1.0% on 15 June 2012 with formation of a Long Black Candle) on Daily Price Chart .Technically, 20MICRONS is to give Positive Break Out.HACO is still in Bullish Phase. Major Momentum Indicators like MACD & RSI are still in Bearish Mood and gaining momentum for Upper side Movement in Mid-Term.
We Recommend to BUY: 20MICRONS at CMP
Target : `94.70/102.40Sto
Stop: Loss :`86.0524.80
Time Frame: 10-20 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 at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 Or SMS at +91 880 2230 836
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 at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 Or SMS at +91 880 2230 836
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