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Should you buy SBI, Sun Pharma, Coal India ahead of results?

Check out the technical trends in select stocks such as IT majors, SBI, Sun Pharma, Coal India, Mahindra & Mahindra and Tata Steel among others

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Manu Kaushik Mumbai
Check out the technical trends in select stocks such as IT majors, SBI, Sun Pharma, Coal India, Mahindra & Mahindra and Tata Steel among others:

SmartInvestorMudit, Nifty is struggling with 6000 and markets have closed weak for almost 6 sessions now. Will we see a recovery? What are the levels to watch?

Mudit GoyalTechnically, Nifty has breached the important support level of 6030 during yesterday trade, which was the 50% Fibonacci retracement levels of recent upside move from 5700 to 6340 levels and closed below the same. This indicates that weakness may continue for coming days and can find support around 5950 in near term.
 

SmartInvestorSBI, Sun Pharma, Coal India, Mahindra & Mahindra and Tata Steel have results today. Your outlook on these counters?

Mudit GoyalAll stocks are looking good on charts except SBIN. One can bet on SUNPHARMA, COALINDIA, M&M and TATASTEEL for near term. Avoid SBIN at current levels.


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First Published: Nov 13 2013 | 11:02 AM IST

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