ENGRO Engro Corporation Analysis 22 Jan 2014
Rebound Insight
Our Pivot: 199.80
Our Preference: Short Sell ENGRO below 193 till 196.15 with strict stop loss of 199.80 and profit target at 179.59 and 172 in extension.
Alternate Scenario: Upward Penetration of 199.80 will call for 208.16
Note: ENGRO is going to get strong resistances from its double top along with a resistant trend line.
Recommendations: Short Sell below 193 till 196.15
Weekly Chart With Supports and Resistances:
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John Doe
June 29, 2014 - 11:23 Proin eget tortor risus. Cras ultricies ligula sed magna dictum porta. Pellentesque in ipsum id orci porta dapibus. Lorem ipsum dolor sit amet, consectetur adipiscing elit.Diana Doe
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