As per daily graph of Fraser and Neave Ltd, it took support @ its major support level of 5.257 and reverse, and today it was made a high of 5.57. FNA having its major resistance area @ 5.45 levels if it will continue to maintain this level than it can move
more upside to 5.55-5.65-5.75 and above. FNA having a support zone @ 5.25 level but it can also took intermediate Support @ 5.36 level if it will breached this level than it can move more down side to 5.25-5.17.
Trading advice- One can take long position in the FNA above 5.47 with SL of 5.40 for target 5.55-5.65-5.75 4-5 days holding.
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