Punjlloyd where is it headed for

[sophia_here]

Where is PunjLloyd header for on Charts, all Chartists please advice

 

[chiruvyapari]

It is taking support at the lower trend line. If it do not break that line, it may go upto 155. But, I will wait for a couple of days to see whether it sustains above the trend line.

 

[S S]

I feel the contrary.

http://www.traderji.com/equities/25846-pivot-triangle-breakout-nifty-3.html#post268287

 

[uasish]

http://www.traderji.com/equities/11432-todays-buy-levels-318.html#post268296

 

[kindman]

SOPHIA ... in my view
PUNJLLOYD IS OVER SOLD..
THAT DOESNT MEAN THAT IT WILL GIVE U A NICE UPWORD MOVEMENT....
SHORTS ARE NOT COVERED YET....
U CAN SEE AN UPWORDMOVEMENT DUE TO OVERSOLD / AND SHORTS COVERING
BUT AGAIN UPWORD FRESH SHORTS WILL BUILDUP... ( just sell with them for flow with trend)
IF FRESH SHORTS ARE TRAPPED BY BUYERS THEN ITS TIME FOR SYSTEMATIC BUY...(TREND REVERSAL).