Whether the market opens positively or not,every rise will be sold into and moreover the stock is at its year low and anyone who buys the stock will be whipsawed.(the term whipsaw in technical parlance means buying high and selling low.)
If market is negative on24/03/07 ur analysis is correct.but if market is positive on 24/03/08.Asian electronics will touch Rs.180 there after it may reach Rs.210 as per techninical analysis.Rs.180/- is sure coz I m expcting positive opening on 24/03/08.
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