Shares & Derivatives
Stock Pick – Capitaland
By Stock Market  •  July 31, 2012
Potential Catalyst in the Upcoming Results Announcement?
No change in 10 July's views,  a decisive move above 3.000 or below 2.870 may give better clarification on its direction.  From then till date, it has trading pretty much range bound. Any upside surprise to its results may propel the share price, break through the 3.000 barrier and move towards the 3.160 - 3.200 resistance level. However, a move below 2.970 - 2.980 may signal the possibility of testing the lower bound of 2.870.
 
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