Thursday, July 22, 2010
GATI - Buy at CMP (72.70)
GATI - Buy at CMP (72.70) & Keep the SL of 65. Target 87 - 95 - 103 in short to medium term perspective.
Monday, July 19, 2010
Friday, July 16, 2010
PVP Ventures - Buy / Accumulate up to 15
Thursday, July 15, 2010
GITANJALI GEMS - Buy / Accumulation
Monday, July 12, 2010
KLG Systel - BUY
Tuesday, July 6, 2010
Hindustan Oil Exploration - Buy / Accumulate
The above weekly chart shows a strong breakout, which has taken place earlier from 170 levels and after making a peak of 372 it has come down to take support of the earlier breakout point. A long term rising channel is well placed. The indicators show a possible reversal from the downward channel. Resistance placed at 233. If the Resistance level of 233 breaks and then the stock rise towards 255 - 282 - 310 which is 38.2% - 50% - 61.8% retracement level taken from the high of 399.25 to the low of 166 level.
Support level will be at 189.
Recommendation:
Traders can buy at CMP 222 (OR) accumulate every correction up to 200 level and the target is 255 in short term perspective.
Long term traders can hold with the SL of 189.
Friday, July 2, 2010
REL MEDIA (ADLABS) - Bullish / Buy
Subscribe to:
Posts (Atom)