Saturday, October 14, 2006

Hind Lever at throwaway price!


HLL or Lever in trader parlance is at 236 and has taken support at the lower end of a rising channel. Channel support is at 228. Long positions can be considered with a stop loss of 228 on closing basis. Upward targets ar 246 and 250 in the immediate term. 262-264 is important resistance and can be the next level to watch.

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