Monday, March 28, 2011

Nifty above all moving averages

Nifty broke out of the trading range of 5400-5550 and broke out of this range and closed above all the moving averages . Nifty may find base here and then move upwards.

Banking stocks are strong on charts. Bank of Baroda, Yes bank  are poised to move up. Raymond has also broke out with good volumes.ABG ship yard, VIP can also be bought on dips.

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