daily chart (click on chart to zoom)
Sock of BOB is in bearish trend since last few months. On daily chart stock has formed a triple bottom as shown in the chart. On fiday (26 July) it managed to close above triple bottom formation and 20 DMA as per chart which if held may lead to a short term upward rally which may take stock to 650 in the short term. Stop loss at 540 recommended.
CMP - 575 (26/7/2013)
Sock of BOB is in bearish trend since last few months. On daily chart stock has formed a triple bottom as shown in the chart. On fiday (26 July) it managed to close above triple bottom formation and 20 DMA as per chart which if held may lead to a short term upward rally which may take stock to 650 in the short term. Stop loss at 540 recommended.
CMP - 575 (26/7/2013)