Aurobindo Pharma :Getting Ready for a Cup & handle Breakout abv 205
Friday, 27 September 2013
Friday, 20 September 2013
Positional Trades Taken With Help of Technical Analysis a review
Note :
Its a very lengthy Post :-D , consisting of many many charts ... 1st
chart will be of when the stock was recommended and 2nd chart will be of
where the Stock is Trading Now ... I'm Just covering up Last one
month's Price Action of our markets ...THESE CHARTS WERE MAILED TO PAID CLIENTS AND ASLO SOME OF THEM WERE RECOMMENDED OVER THE BLOG AND FB PAGES AS WELL
ADANI PORTS
A
ADANI BOUNCES 20% FROM 120
AXIS BANK
STOCK BOUNCE BACK 40 %
BHARAT FORGE
BHARATHI
ING VYSYA BANK
KARUR VYSYA BANK LONG TERM PICK
STOCK BOUNCE BANK TO 460
YES BANK LONG TERM PICK 1000 TGT
BOUNCES BACK 80%
HINDACLO
LT FINANCE LONG TERM HOLDING
MARUTHI
ONGC
LT
ADANI PORTS
A
ADANI BOUNCES 20% FROM 120
AXIS BANK
STOCK BOUNCE BACK 40 %
BHARAT FORGE
BHARATHI
ING VYSYA BANK
KARUR VYSYA BANK LONG TERM PICK
STOCK BOUNCE BANK TO 460
YES BANK LONG TERM PICK 1000 TGT
BOUNCES BACK 80%
HINDACLO
LT FINANCE LONG TERM HOLDING
MARUTHI
ONGC
LT
Tuesday, 17 September 2013
IS SESAGOA TURNING AROUND
Sesa Goa was in serious Downtrend
As you can see in the monthly chart below: Sesa Goa stock was in severe downtrend between April 2010-July 2013. The stock from levels of 480 declined to 127 in July 2013. That's not all, with the price decline - the stock also witnessed lack of trading interest.
Why focus on Sesa Goa now?: WHAT HAS CHANGED
The Chart says it all. Below is the weekly chart of Sesa Goa.
Sesa Goa on weekly basis saw a huge up move from levels of 125-130 to 200 in less than 4 weeks in August 2013. It was not only the price action but also the volume action that shocked the market participants. The move has changed the sentiment on the stock
Now also note that prior to this weekly move: stock had stalled around 200 in 2012 before selling off in 2013.
How should one play turnaround?
We don't know that whether Sesa Goa stock has turned around conclusively as stock is still trading below resistance of 200. At this point of time - there are lots of evidence that do suggest that turnaround may be happening.
Hence, we can start off by making an assumption that stock is turning around.
Stock after a big weekly move - is consolidating on weekly basis. Look at the last three candles. Such consolidation generally turns out to be a great Buying Opportunity especially at lower levels. On weekly chart, it means stock is very attractive buy near 170-180 levels. One can put a stop loss on closing basis below 160 with target of 270+
Trading Strategy
Go Long at 176.
Closing Stop Loss below 160
Target: Buy and Ride for 4-6 weeks
The research note has been written purely for educational purpose. Please do your own due diligence before trading. Please do not make BUY or SELL decision based solely on this report. Do your own research.
As you can see in the monthly chart below: Sesa Goa stock was in severe downtrend between April 2010-July 2013. The stock from levels of 480 declined to 127 in July 2013. That's not all, with the price decline - the stock also witnessed lack of trading interest.
Why focus on Sesa Goa now?: WHAT HAS CHANGED
The Chart says it all. Below is the weekly chart of Sesa Goa.
Sesa Goa on weekly basis saw a huge up move from levels of 125-130 to 200 in less than 4 weeks in August 2013. It was not only the price action but also the volume action that shocked the market participants. The move has changed the sentiment on the stock
Now also note that prior to this weekly move: stock had stalled around 200 in 2012 before selling off in 2013.
How should one play turnaround?
We don't know that whether Sesa Goa stock has turned around conclusively as stock is still trading below resistance of 200. At this point of time - there are lots of evidence that do suggest that turnaround may be happening.
Hence, we can start off by making an assumption that stock is turning around.
Stock after a big weekly move - is consolidating on weekly basis. Look at the last three candles. Such consolidation generally turns out to be a great Buying Opportunity especially at lower levels. On weekly chart, it means stock is very attractive buy near 170-180 levels. One can put a stop loss on closing basis below 160 with target of 270+
Trading Strategy
Go Long at 176.
Closing Stop Loss below 160
Target: Buy and Ride for 4-6 weeks
The research note has been written purely for educational purpose. Please do your own due diligence before trading. Please do not make BUY or SELL decision based solely on this report. Do your own research.
Thursday, 12 September 2013
Oberoi Reality : A Good Zero Debt co Available at 50% discount
With several mid-caps and
large cap stocks cracking, Oberio Realty too has slid from a 52 week high of
Rs.327 to Rs.160. EPS stands at Rs.15.38
and considering a fair valuation of 15
PE, a good entry point for generating
decent returns
SHORT TERM DELIVERY PICK:NOVARTIS INDIA
BUY NOVARTIS IND BSE CODE 500672
NOVARTIS - this has done its correction and formed some kind of base near 370-360...now crossing 400 immediate resistance on daily charts . I have personal interest in the stock and would long it
BUY NOVARTIS ABV 400 SL 360 TARGET 460- 500
NOVARTIS - this has done its correction and formed some kind of base near 370-360...now crossing 400 immediate resistance on daily charts . I have personal interest in the stock and would long it
BUY NOVARTIS ABV 400 SL 360 TARGET 460- 500
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