MSG GIVEN TO CLIENTS ON APRIL , 7 , 2014
AMBUJA CEMENT BUY @ 208-209 SL 205(closing) TGT 225-230(short term) and 250-260(medium term)
SHORT TERM TGT ACHIVED TODAY ... NOW LOOKING HOT FOR 250 -260
Tuesday, 3 June 2014
IS TATA STEEL NOW HEADING TOWARD 675 -800?
WE WERE QUITE BULLISH ON TATA STEEL FROM 390 LEVELS :
WE RECOMMENDED OUR CLIENTS ON MAY 5 TH CLEARLY TOLD ITS AN MULTIBAGGER IN THE MAKING
http://trendzofmarket.blogspot.in/2014/05/tata-steel-is-it-multibagger-in.html
TO BUY TATA STEEL AT 390 FOR TGT 430 IN SHORT TERM AND ABV 430 FOR 500- 525 FOR MEDIUM TERM TODAY THE STOCK HIT ALL OUR TARGETS
LETS HAVE A LOOK NOW WHERE THE STOCK IS HEADING
The Tata Steel stock has been on a roll this week and has reached our target of Rs.500 -525 mentioned in the previous call. Looking at the long-term charts and the recent price action, we believe that the stock could rally to the next major resistance-cum-target level of Rs.690. Kindly direct your attention to the weekly chart featured below.
From the above weekly chart, it is apparent that the rally this week has resulted in a breakout past the key resistance level at Rs.490-500 zone. We expect the uptrend to continue up to the next major resistance at Rs.685-710 range. While there is minor hurdle for Tata Steel at Rs.520 and Rs.550, we expect the stock to sail through these levels and hit the eventual target of Rs.690.
Those who are wanting to buy the stock may await a fall to Rs.485-495 range. We would maintain a positive view on Tata Steel as long as the stock trades above the key support at Rs.450. Those having long positions may push their stop loss to Rs.450. Those eager to buy afresh may await a fall to Rs.485-495 range and have the stop at Rs.450.
Once the price clears the resistance band at Rs.685-710, the stock could then rally to the middle line of the red pitchfork at Rs.780-800. But, let’s think of that scenario after price clears Rs.710.
WE RECOMMENDED OUR CLIENTS ON MAY 5 TH CLEARLY TOLD ITS AN MULTIBAGGER IN THE MAKING
http://trendzofmarket.blogspot.in/2014/05/tata-steel-is-it-multibagger-in.html
TO BUY TATA STEEL AT 390 FOR TGT 430 IN SHORT TERM AND ABV 430 FOR 500- 525 FOR MEDIUM TERM TODAY THE STOCK HIT ALL OUR TARGETS
LETS HAVE A LOOK NOW WHERE THE STOCK IS HEADING
The Tata Steel stock has been on a roll this week and has reached our target of Rs.500 -525 mentioned in the previous call. Looking at the long-term charts and the recent price action, we believe that the stock could rally to the next major resistance-cum-target level of Rs.690. Kindly direct your attention to the weekly chart featured below.
From the above weekly chart, it is apparent that the rally this week has resulted in a breakout past the key resistance level at Rs.490-500 zone. We expect the uptrend to continue up to the next major resistance at Rs.685-710 range. While there is minor hurdle for Tata Steel at Rs.520 and Rs.550, we expect the stock to sail through these levels and hit the eventual target of Rs.690.
Those who are wanting to buy the stock may await a fall to Rs.485-495 range. We would maintain a positive view on Tata Steel as long as the stock trades above the key support at Rs.450. Those having long positions may push their stop loss to Rs.450. Those eager to buy afresh may await a fall to Rs.485-495 range and have the stop at Rs.450.
Once the price clears the resistance band at Rs.685-710, the stock could then rally to the middle line of the red pitchfork at Rs.780-800. But, let’s think of that scenario after price clears Rs.710.
POSITIONAL CALLL: BHARATI AIRTEL ON WAY TO 380
MSG GIVEN TO CLIENTS YESTERDAY MORNING
BUY BHARTI AIRTEL @ 351 SL 340 TGT 365-375 LOT SIZE 1000 POSITIONAL CALL 1-2 WEEKS--- HIT 369 INTRA DAY -- PROFIT 18000 RS STILL LOOK HOT FOR 380
BUY BHARTI AIRTEL @ 351 SL 340 TGT 365-375 LOT SIZE 1000 POSITIONAL CALL 1-2 WEEKS--- HIT 369 INTRA DAY -- PROFIT 18000 RS STILL LOOK HOT FOR 380
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