Pratibha Ind is looking good!

Pratibha Ind (BSE code: 532718) is facing resistance at the 38.2% Fibonacci retracement levels (231) to the fall from its 11th may, 2006 top of 391. CMP is 228 and a closing above 234 will be good for a strong upmove to 263 and 300 the next retracement levels.