SPYL closes at ` 28.45 with a gain of +13.1% on 26 Oct 2011 with formation of Bullish White Candle & Rising Sun Pattern on Daily Price Chart .Technically, SPYL is looking Bullish on Charts and has given Positive Breakout today. Major Momentum Indicators are also Bullish on Price Chart.
We Recommend to BUY - SPYL at CMP
Target- ` 29.80/32.00/38.30
Stop-Loss – ` 27.00
Time Frame- 25 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 with pattern Explorer. You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633.
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 with pattern Explorer. You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633.
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