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Meda Inc (KUL:5040)
Analysis
SUMMARY
BULLS
BEARS
QUOTE AND NEWS
Crude Oil to turn bullish above Rs 5040 Strong support 4890
Commodity Online  Jul 31  Comment 
Technically on daily charts Crude Oil August contract currently facing resistance to it's 50% fibonacci retracement level of Rs 5040 from last 6 trading sessions and breakout above hinting that sideways to bullish prices are possible in near term.
Nifty ascend continues 5040 on cards for tomorrow
Commodity Online  Oct 10  Comment 
Today and rsquo;s rally was mainly led by Realty and IT space. Tomorrow even a good move is expected which may carry Nifty to the level of 5040. IIP data later in the week will decide the further direction for market but market looks bullish at...
Nifty needs to cross the level of 5136 to become positive: Ashwani Gujral, Chief Market Strategist
The Economic Times  Sep 22  Comment 
So you will be back to about 5040 which is a key pivot for me. If we start trading below it, that is the point where you start creating some amount of shorts.




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References

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