SGJHL closes at 269.70 with a gain of +2.20% on 24 June 2011 with formation of Long White Candle on Daily Price Chart. Technically, SGJHL is in Long Term Bullish Phase.We have seen Rising Sun Pattern On Daily Price Chart. Major Momentum Indicators are in Bullish zone. Buyer-Seller Force Index,RSI, Ultimate Trend Cycle & Twinggs Money Flow & TAIO are moving upward on Daily Price Chart.
We Recommend to BUY - SGJHL at CMP
Target- 298.75/325
Stop-Loss – 260/257
Time Frame- 5-30 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 .
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