Resistance B/w 370 - 378.80 above 382 its 398 - 407.50 However a crack below 362 drags us down till 354 below 353.45 we fill the Gap @ 333.30 - 324
Daily Trend Indicating Upside momentum while weekly trend is neutral and monthly trend has still got room for upside though a couple of indicators facing resistance - which can be plotted @ 398 - 407.5 above 380
If we clear the resistance and move above 382 wait for 406 and once again its a sell there - sooner or latter correction is a must...
If Aban is in Nifty Basket then one has to remember This is also a sign that nifty is due for a correction as soon as we finish and complete the 6 months ago established trend - 407 can also act as double top as Aban has tested 400 ** once , Theory say`s Lower high is the double top - So Aban will not be under strong bearish pressure hence it Will not fill technical downside targets.
Now @ 369.9
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