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Monday, August 8, 2016

Technical Levels of IGL and BF Utilities.

BF Utililties









BF Utilities Limited Is Looking Superb In chats:
If immediate Resistance of 557 is positively breached and sustained again and consecutive Closses around these level will make a case for upside move.
Next Resistance at 580—600—
Support Intact at 545—536.
Positional Support at 512.




Fundamentals:


Face Value:5.00
Stock P/E:35.17
Market cap: 2046.26 Cr
52 Week High/Low:724.70/389.10














IGL 








IGL continues its positive trend and we believe its the third leg of the Elliot Wave.

Support is intact at 670 and the next at 660 levels  and weakness can be only on breach below the levels of 660. 

IGL should try to move and test its next resistance of 693 levels and a close and sustain above this level can take it to 704 and then to 720 levels. 




Fundamentals 



Market Cap.: ₹ 9,306.50 Cr.



Stock P/E: 22.36
Current Price: ₹ 664.75
Dividend Yield: 0.90%
Book Value: ₹ 179.60
Face Value: ₹ 10.00

52 Week High/Low: ₹ 676.10 / ₹ 433.70







Keep following our levels and keep minting money!!!