WE RECOMMENDED THIS STOCK FOR OUR CLIENTS ONE AND HALF MONTH BACK FOR INVESTMENT STOCK HAS DELIVERED 39 % RERUN IN JUST ONE MONTH TIME
From: MARKET TRENDZ <trendzofmarket@gmail.com>
Date: Mon, Jun 16, 2014 at 9:27 AM
Subject: INVESTMENT STOCK: Himatsingka Seide
BUY 1000 SHARES HIMATSINKA SEIDE ABV 64.50 SL CLOSE BELOW 57 TGT 100+ TGT AND SL WIL BE KEEP UPDATING FORM TIME TO TIME WILL BE UPDATE LATER -----TODAY STOCK HIT 89.70 profit hit 25,000+ rs
Himatsingka Seide looks like an interesting investment play. Here’s why -
Reason 1: Stock looks ready to clear resistance of 64.5 built over last 7 years
As you can see in the weekly chart above – a breakout above 64.5 can be explosive because if that happens, it will happen after 7 long years.
Reason 2: Consolidation of stock closer to 64 just before breakout
This is stock gathering strength just before breakout especially the way its bouncing from 100 dma. Lots of consolidation just before breakout is considered very healthy.
Reason # 3: The Volumes it traded on Friday. It traded 15 lakh shares against average of 3 Lakh shares. It smacks of institutional interest in the stock. And it looks like breakout is just about to happen in next few days/weeks.
Investment Strategy: Consider the stock as investment play. Invest with a stop loss below 100 dma and holding period of more than 12 months.
From: MARKET TRENDZ <trendzofmarket@gmail.com>
Date: Mon, Jun 16, 2014 at 9:27 AM
Subject: INVESTMENT STOCK: Himatsingka Seide
BUY 1000 SHARES HIMATSINKA SEIDE ABV 64.50 SL CLOSE BELOW 57 TGT 100+ TGT AND SL WIL BE KEEP UPDATING FORM TIME TO TIME WILL BE UPDATE LATER -----TODAY STOCK HIT 89.70 profit hit 25,000+ rs
Himatsingka Seide looks like an interesting investment play. Here’s why -
Reason 1: Stock looks ready to clear resistance of 64.5 built over last 7 years
As you can see in the weekly chart above – a breakout above 64.5 can be explosive because if that happens, it will happen after 7 long years.
Reason 2: Consolidation of stock closer to 64 just before breakout
This is stock gathering strength just before breakout especially the way its bouncing from 100 dma. Lots of consolidation just before breakout is considered very healthy.
Reason # 3: The Volumes it traded on Friday. It traded 15 lakh shares against average of 3 Lakh shares. It smacks of institutional interest in the stock. And it looks like breakout is just about to happen in next few days/weeks.
Investment Strategy: Consider the stock as investment play. Invest with a stop loss below 100 dma and holding period of more than 12 months.
