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Balaji Telefilms Ltd. Technical Chart | 01-Dec-2011

Here is a technical chart of Balaji Telefilms Ltd., listed on Indian stock exchange.I've used Ichimoku Kunko Hyo indicator here.

Tata Steel Limited Technical Chart
Tata Steel Limited Technical Chart

Yesterday, stock price of Balaji Telefilms CLOSED above kumo@34.15Chikou Span (CS) line also closed above kumo. That means that the stock has given bullish breakout here. One can now buy this stock for its bull run with a stop loss of 30.51. Immediate target is 37.13

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