Himachal Futuristic Ltd. Technical Chart | 14-Jan-2012

Below is the technical chart of Himachal Futuristic Ltd., listed on Indian stock exchange, using ichimoku Kinko Hyo indicator.

Yesterday, the price of Himachal Futuristic Ltd. closed above kumo; so is the chikou span line. Thus, giving bullish kumo breakout. One can buy this stock for the target of 14.61. Make a stop loss of 12.65 as the price is trading near strong resistance area.