TORRENT POWER CMP 203

torrent power has shown good bounce today . decisive close above 205 will strengthen the stock.move below 195 will negate this bullish view.

BIOCON CMP 239.

BIOCON is correcting from top of 465 and has corrected up to 225 which is apprx 62% retracement of previous up move.

+ ve divergence is seen in daily as well as weekly charts in rsi.in current side ways and boring market stock can be added with stop loss on closing basis below 225 .

on closing above 250/260 zone it will become more stronger.

10.37 am 

28.04.2012