PULL BACK AND BREAKOUT TRADE: SRIRAM TRANSPORT

UPDATE JULY 3 2014- SHRIRAM TRASNPOT HIT  FRESH HIGH 964 WOOOWW PROFIT TOUCHES 57,000 RS

UPDATE: JULY 2 ,2014-MSG GIVEN TO CLIENTS ON JUNE 23 TO BUY SHRIRAM TRANSPORT @ 850  TGT 900-950-1000 LOT SIZE 500 HIT 943 PROFIT 46,500 RS

From: MARKET TRENDZ <trendzofmarket@gmail.com>
Date: Mon, Jun 23, 2014 at 11:56 PM
Subject: PULL BACK AND BREAKOUT TRADE: SRIRAM TRANSPORT

  Shriram Transport Finance on weekly chart broke out above 834 in week of May 16 2014.

Post breakout, the stock rallied all the way to 1020, but if in last few weeks, stock has pulled back to the breakout point again. Technically, the stock should now find support here.
Also, on daily chart – this level coincides with 50 dma.

 ​
Shriram Transport Finance technically should hold the levels of 830-850 over next few days and bounce back again. Remember, Breakouts require tons of patience and one should exit if the stock fails to hold particular level. In case of Shriram transport Finance, the stop loss will be close below 810.

RANBAXY ROCKET CALLLL

RANBAXY IS ON FIRE TODAY STOCK  HIT OUR TGT 2--540 
PROFIT 45,000 RS +---STILL STOCK LOOK SUPER HOT FOR MUCH BIGGER UPSIDE


From: MARKET TRENDZ <trendzofmarket@gmail.com>
Date: Fri, Jun 27, 2014 at 9:54 AM
Subject: BUY RANBAXY

RISKY CALL: BUY RANBAXY FUT @ 495 SL  CLOSE BELOW 480 IN SPOT TGT 520-540-570

SAFE BUY  IF RANBAXY MANAGE TO GIVE A CLOSING ABV  480 TODAY THEN  STOCK WIL BE REAL REAL HOT .... BUY AT CMP EXPECTING STOCK WILL GIVE CLOSE ABV 480 TODAY

A REVIEW ON THE STORY OF MIDCAP IT BULL MARKET

IF YOU WOULD HAVE INVESTED 25000 RS EACH IN THOSE  4 STOCKS 

SASKEN  @145 NO OF SHARES 172   CMP 315+25 RS DIVIDEND MARKET VALUE = 58480 RS
TATA ELXSI @ 245 NO OF SHARES 102 CMP640 MARKET VALUE =  65280 RS
KPIT CUMMINS 2 140 NO OF SAHRES 178 CMP 182MARKET VALUE = 32396 RS
NIIT TECH @ 310 NO OF SAHRES 81 CMP 458 MARKET VALUE = 37098 RS

 TOTAL INVESTMENT 1,00,00O RS
CURRENT MARKET VALUE OF INVESTMENT 1,93,254 RS.....  93.25% RETURNS IN JUST 7 MONTHS  TIME

HEXAWARE ALSO NOW BREAK OUT TO NEW HIGH YSTD HIT 164 NOW STOCK IS AL READY TO FOLLOW THE PATH OF OTHERS

 WHAT YOU WANT MORE FROM TRENDZOFMARKET

I covered http://trendzofmarket.blogspot.in/2013/11/story-of-mid-cap-it-bull-market.htmll LAST WEEK and today reviewing the same.hows its poised to do 


Hexaware: Sharp Sell off from Resistance of 135

Hexaware was on Breakout watch list but stock did not breakout above 135. Instead, there was a sharp sell off. It means stock is Avoid as long as it trades below 135

NIIT Tech: Breaout Confirmed?

NIIT Tech seems to have broken out above 305 on weekly chart. It will get confirmed only by Friday. What one can do: Buy at CMP of 311 on assumption that breakout is for real. If on Friday, stock closes below 305: then Exit.

KPIT: Investment Buy

Are we looking at multi year Bull market in KPIT? Possible if stock holds up and does not slip below 128 on closing basis.

Sasken: Trading Buy

Sasken has broken out above 140 and if stock holds up above 140: we are looking at dramatic surge.

Tata Elxsi: Trading Buy

Tata Elxsi seems to be moving in small momentum steps. Technically stock is behaving well and looks good for more

WHAT DOES THIS ALL MEAN?



The Bull market in the sector appears structural and can surprise investors on the upside. The midcap IT sector appears very bullish on charts and hence one should keep a close eye on all these stocks for attractive investment and trading opportunities