Bharti Airtel: is getting ready for a rally?

Bharti, once a Leader, went completely off radar because of sectoral mess. It has been 5 years now and stock has done nothing trending just bouncing off between 240 and 440. But with worst of the sectoral issues behind and market poised to rally – Bharti Airtel stock looks set to perform.

Here’s the weekly chart of the stock -

 

 As you can see in the chart above – Bharti stock developed a nice triangular pattern on weekly chart over last 24 months. And in last couple of weeks – it seems stock has broken out of the triangle and looks set to rally higher. These triangle breakouts initially are very tricky and hence one can look to buy but be prepared to exit if stock fails to hold certain support levels. In the above case – we are looking at support of 330. The target on the upside is 440. 

BUY SPARC FOR MOMENTUM TRADE

Sun Pharma Adv (SPARC) Ready For a Breakout abv 145 

Strong Vols .. Keep a Watch on SPARC next week for breakout

 

BUY ABV 145 SL 140  TGT 160-170 ( AL ON CLOSING BASIS)

RISKY TRADERS CAN BUY @ 135-33 

SL 130 (closing) For 145 Tgt As Well

 

 

Strong Results By BIOCON , Stock AGAIN ON RADAR

Biocon Q2: Cons Net Profit At Rs 102.1 Cr Vs Poll Of Rs 92.5 Cr

Biocon Q2: Cons Revenue At Rs 740.8 Cr Vs Poll Of Rs 718 Cr

Biocon Q2: Cons EBITDA At Rs 176 Cr Vs Poll Of Rs 152.6 Cr

Biocon Q2: Cons Operating Margin At 23.7% Vs Poll Of 21.3%

I HAD CLEARLY TOLD TO GO LONG ON THE STOCK AT 305 WHEN IT BROKE OUT 

http://trendzofmarket.blogspot.in/2013/07/biocon-heading-to-325-330.html 

AND STOCK HIT 330

AGAIN GAVE CALL TO BUY ABV 330 WHEN IT BROKE OUT AND STOCK HIT 360 LEVELS

http://trendzofmarket.blogspot.in/2013/07/biocon-fresh-break-out-above-330.html

NOW AGIAN IAM FEELING BULLISH ON THE STOCK ABV 342 ON CLOSING BASIS SL 335 ON CLOSING BASIS FOR 360-365 LEVELS IN SHORT TO MEDIUM TERM

JUST DAIL JUST AVOID

Amazing to see Just dial mkt cap at 7500 cr 

But a good stock like Bata is just 5800 cr only 

Even Jub foods Which i Feel is Expensive Stock

Trades at valuation Lower than Just dial

 

Chart Suggests Big Fall Ahead for the Stock AFTER TODAYS RESULT STOCK NOW TRADING 4% UP AT 1110 I SEE A ALL TO 850 LEVELS VERY SOON

Remember Thinksoft Tripled after IPO & later Crashed 90-95% from peaks ... Same thing happened to SKS Micro ... History has a habit of Repeating Itself  !!

 

 

BUY ENGINEERS INDIA

GAIL TREND REVERSAL SEEN?

Bharat Forge Saw Same Kind of Trend Change in August & Stock has rallied more than 50% since

http://trendzofmarket.blogspot.in/2013/08/bulls-are-trying-to-kickstart-bharat.html 

Can GAIL Repeat What Bforge Did ??

 

To be very Frank , I'm not a Big Fan of This Stock :-)

 

NIFTY NEAR TO AL TIME HIGHS . HOW U WANT TO POSITION YOUR SELF

You can buy the report for a Base Price of Rs 1250 only .  plz mail to trendzofmarket@gmail.com to buy this report

this are the topics which you will get from my report

The Nifty is in kissing distance of the 2008 highs at 6357.
But what is surprising is that volumes have not been on the supporting side in the last move from 5700 to 6200.

On a long term seasonal basis what we have seen is November-Jan is generally a a good period for broader markets but also at times a topping out period (some may attribute it to Diwali and so on ).

So one needs to trade quickly in this period and focus on stock specific ideas than on index trades. The lack of action will juice out all the shorts in the system and continue the slow and sideways action.
The strategy on Nifty should be to look for sell around 6300-6400 levels and buy stocks for quick trades. 


Looking at the above technical picture of Nifty and broader markets we believe the strategy should be to go stock specific. Also Mid-caps and Small-caps are still at 4500-5000 levels of Nifty. This may create a lot of stock specific trading opportunities in coming 2-4 weeks.
There could be some stock specific corrections in Nifty stocks and some sharp moves as well.
At the same time we expect action to shift to mid cap stocks which have been consolidating for a long time due to the under-performance of the Mid-cap Index with the Sensex/Nifty.
Also generally this is also the time when a lot of small caps tend to move sharply giving excellent trading opportunities.

We have also covered a few techno funda bets and turnaround stocks.
Hence we have come out with a detailed report covering possible actionable trades in the report below.

Main Sections and Type of Ideas discussed are
1) Nifty 50 – Actionable Trades ( Long / Short ) and Nifty Detailed View
2) Midcap Technical Picks
3) Techno- Funda Bets
4) High Risk Momentum Trades in Smallcaps
5) Turnaround Stories
6) Concept Companies



You can buy the report for a Base Price of Rs 1250 only .