Saturday, March 20, 2010

ABAN- Last Support 1180.

ABAN When Nifty touch 5300 in jan 2010 ,aban made a high 1539 .
But nifty when it is back near to 5300 by making low of 4676,Aban just made near to 1313. Currently trading at 1220. it has current support 1180. i think it may touch the support once may pull back some bit ,but lower side remains high.

If you want to trade, short now for the target of 1183.
Sl for 1237.
close below 1180 may see 1135. The stock look bullish now only when it trades above 1320.
The move is creating to be made as ascenting triangle.

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