Friday, 28 March 2014

IS TATACHEMICALS ALL SET TO HIT 350?

Tata Chemicals –

The stock was waiting for a breakout since last 2-3 weeks.
Today the stock gave a breakout above 275 and jumped to 290 + today
the breakout is an indication of a long term trend change

. Investors can look to accumulate the stock at 285-275 with a long term upside target of 350-380.

Any Dips to 250-235 still remain a buying zone.

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TATA COMMUNICATION HEADING T0WARD 320

TATA COMMUNICATION : Big Triangle breakout For 320 Tgts buy abv 290-292  sl 285  on closing basis-MSG GIVEN TO CLIENTS 1 WEEK BACK UNLUCKY WE GOT STOPPED OUT SEE TODAY STOCK HIT 305


"We don't only tell you what stocks did, we tell you why, and we tell you where stocks are headed next. How? By tracking the psychology of the markets, tracking patterns and indicators that reveal where stock prices are trending, giving us high probability trade opportunities."
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SRIRAM TRANSPORT AND FINANCE HEADING TOWARDS 800 PLUS

MSG GIVEN 2 DAYS BACK TO OUR CLIENTS

BUY SRIRAM TRANSPORT AND FINANCE BETWEEN 685-695 SL 3% LOWER TGT 750-800 AND HIGHER --- NOW HIT 740 STILL LOOK TOO HOT FOR 800


"We don't only tell you what stocks did, we tell you why, and we tell you where stocks are headed next. How? By tracking the psychology of the markets, tracking patterns and indicators that reveal where stock prices are trending, giving us high probability trade opportunities."
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Godrej Properties – Long term Buy


RECOMMENDED TO CLIENTS ON FEB 25 TH @155-160 FOR  TGT 200 TODAY STOCK HIT 196

Godrej Properties Technical View:
-> The stock has been in a downtrend for the last many months.
-> Recently the stock has seen an increase in volumes and a falling wedge pattern being formed.
-> A falling wedge pattern indicates a major long term trend change. Sustaining above 170 would be the confirmation of a breakout.
-> Accumulate Godrej Properties at 155-160 with a stoploss of 145 and a target price of 200-250 in medium term.


"We don't only tell you what stocks did, we tell you why, and we tell you where stocks are headed next. How? By tracking the psychology of the markets, tracking patterns and indicators that reveal where stock prices are trending, giving us high probability trade opportunities."
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