22 Jul 2014 16:59
Debenhams Plc is looking strong for buying ,the major trend of stock is bearish and it's showing accumulation from the bottom with high volumes. Stock is not managing to sustain at lower level and showing reversal from the low .Stock is managing to sustain above 50 DMA and facing resistance with 200 DMA breaching of it can show northward journey.One can initiate the position in the stock above the level of 65.50 with stop loss of 63 for the target of 69.50.