15 Jul 2014 17:20
Capital & Countries Properties Plc is looking strong for buying ,the major trend of stock is downward but from last few trading session it's showing buying from bottom. Stock is not managing to trade at lower level and managing to sustain above 50 DMA & 200 DMA which is indicating buying in the stock. Stock has facing resistance from the level of 331 and consolidating near to it crossing of the level can show upside movement .One can initiate the long position in the stock above the level of 331 with Stop loss of 325 for the target of 346.
