AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
from BUSINESS LINE, July 21, 2009 We recommend a buy in UTV Software Communications from a short-term trading perspective. It is apparent from the charts of UTV Software that after a medium-term decline from the resistance level of Rs 479, the stock appears to have resumed its intermediate-term uptrend that has been in place since its March low of Rs 182. Recently, the stock found support at significant support band of Rs 300-310 and started moving up. On July 20, the stock surged almost 8 per cent with above-average volume. This rally helped the stock penetrate its 21- and 50-day moving averages conclusively. Daily and weekly …