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

IFCI - Buy

IFCI - Buy @ CMP with a SL of 55 & Target 69 - 71 in short to medium term perspective.

Friday, July 16, 2010

PVP Ventures - Buy / Accumulate up to 15

PVP Ventures - Traders can buy @ CMP (OR) accumulate up to 15 with a Stop loss of 13 Target will be at 30 - 36- 42 in medium to long term perspective.

Thursday, July 15, 2010

GITANJALI GEMS - Buy / Accumulation

Buy Gitanjali Gems @ 155 (OR) accumulate every correction up to 140 with a Stop loss of 131 and Target 210 - 255 - 285 in medium term perspective.


Monday, July 12, 2010

KLG Systel - BUY

If the resistance level of 128 crossed and than the target will be at 141 - 147 - 156 in short term perspective.

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

If break above 237 and then the target will be at 276 - 312 which is 38.2% - 50% retracement level is taken from the high of 464 to the low of 161.
Recommendations:
* Traders can buy above 237 & TGT 276 in short term perspective.