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

 

 

 

 



 

 

Yesterday, stock price of Balaji Telefilms CLOSED above kumo @34.15. Chikou 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

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