STOCK 1 : EROS MULTIMEDIA
Covered at Rs. 172 Covered Date: June 20, 2014Rationale: One can make an assumption that the move is for real. Buy at cmp and if stock slips below 164 – then exit. If the breakout is for real – then one can look at potential target of 230. READ COMPLETE RECOMMENDATION HERE http://trendzofmarket.blogspot.in/2014/01/eros-journey-path-still-undecided.html
What happened?: The breakout above the trendline was for real. The pullback to 172 was great entry point and now stock is at 262 – up 51% from that level
STOCK 2 : BHARTI AIRTEL
Covered at 333 Covered Date: June 14 2014
Rationale: Bharti is right now at 50 dma and one cannot rule out strong buying support at current levels to take the stock once again back to 370. and abv 370 for potential tgt 420-440--STOCK NOW HIT 420 LEVELS IN 2 MONTHS TIMEREAD THE COMPLETE POST HERE:http://trendzofmarket.blogspot.in/2014/09/bharti-airtel-pure-technical-sucess.html
What happened? : The stock made a low of 333 which it respected for a month and then rallied to 370 and even moved past it
STOCK 3: CIPLA
RECOMMENDED CIPLA ON AUG 1ST
CIPLA BUY BETWEEN 448-455 looks good bet for 480-500
LOT SIZE 1000 AVG OUT AND BUY 2 LOTS SL CLOSE BELOW 438Covered at 425 Covered Date: June 18 2014
Rationale: Cipla has created a clear resistance at 425. Now, one of these days/weeks – Cipla will move out of the slumber, and the best indication would be a close above 425. If in next few days, Cipa closes above 425-430 – then expect a start of fresh move in the stock.
What happened? : The stock broke out above 425 few days later and now has made a strong breakout move to 557
STOCK 4: GODREJ INDUSTIRIES
A Breakout Strategy can be implemented. The stock is a
buy at Current market price of 330-335 and stop loss below 310. There
is no target as of now. One should ride the stock for decent gains in
weeks and months to come. STOCK HIT 355
STOCK 5 : SPARC
SPARC is now a compelling buy at current market price
and on declines to near 175. For long term conviction holder, the stock
is a hold as long as it trades above 200 day moving average which as of
today stands at 159. ---stock zoomed to hit 210 still looks so so so attractive
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