ICRA : ONE MORE STOCK DOUBLED

When stocks breakout, they set themselves for strong breakout move. Post Breakout – all that matters – Is stock holding up bullish structure and as long as stock does that – one should remain hopeful. Let me share one example: ICRA


UPDATE JULY 4 2014 :ICRA HIT FRESH ALL TIME HIGH 3155
TOLD TO BUY ICRA ON JANUARY 2014  @ 1500-1550 SL 1400  NO TGT WAS 
GIVEN -- THATS JUST UP BY 1600 RS IN  6 MONTHS---THAT'S WHY WE CALLED IT STOCK FOR 2014  STOCK DOUBLED % MOVE IN 6 MONTHS

I covered ICRA on Jan 07, 2014: and this is what we said to our clients ICRA was one of the 4 stock  to buy for 2014

What happened?

ICRA continued to consolidate for many weeks and finally made a move yesterday and now stock is up 100 %+ from where we covered 6 month and a half back hit 3155  mark nearly 1600 rs up 

Charts capture the fundamental developments. ICRA Breakout about 6 months back was sign of things to come and after weeks and weeks of consolidation – stock has made a move. But generally we give up on the stock that continues to consolidate for long period of time. But remember – Breakout is a sign that things are about to change in the stock for good. Sometimes, move happens immediately and sometimes it takes time. The key thing: Is the structure intact because as long as stock holds up the technical structure – one can remain bullish. 

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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

NIFTY SHORT TERM OUTLOOK

UPDATE JULY 2 , 2014----- SPOT ON UNMATCHED TECHNICAL ANALYSIS FROM TRENDZOFMARKET...NIFTY  CROSS 7700

HOPE ALL U REM  OUR UPDATE BELOW ON JUNE 21
 Question right now on every traders mind is : Whats  Nifty going to do?
Here we find to have an answer for that

Here’s the Nifty Daily Chart

As you can see in the chart – Nifty is in nice uptrend. Since last few days – it has made a base at 7490. With 20 day moving average at 7480 – it seems Nifty has strong support at 7480-7490. Technically – Nifty should bounce from here back all the way up to 7700.

WHAT IF?: Nifty decisively breaks down below 7400 and goes down all the way to 50 day moving average of 7130. Will that happen? Anything can happen. Geo-politics in Iraq and sharp rise in crude oil price can spark a sharp correction but remember we are in Bull market. All bad news is buying opportunity in Bull Market. Shorting in Bull market is dangerous and bad idea.

Right now – Traders will be hoping for a bounce from 7480-7490 back all the way to 7700 with a closing stop loss below 7460. Having said that, in markets anything can happen and one should be prepared for it.

FREE CALL: WILL IDEA BOUNCE BACK?

UPDATE 02/07/2014
 IDEA WOOW HIT 138.. PROFIT 16,000 RS---WAT AN IDEA SIRJIIIIIIII


NOW Why?: Because Idea Telecom stock is at 100 week ma
TRADING STATEGY BUY  IDEA FUT AT 130 SL 124  TGT 140-150  TIME FRAME 4-7 WEEKS
Here’s the Weekly Chart

​The Level of 150 now has become the resistance. Also, on downside – the level of 130 has acted as support for last few months. Interestingly, on weekly chart – this level coincides with 100 week ma. What this means?:
That if Idea stock has any chance of revival – this is the level from where it should bounce. For investors who like Idea – the level of 130 is good place to enter with closing stop loss below 124. In Short term, it seems Idea Telecom will bounce from 130 to 150..but if it fails, then Idea Telecom will go back to 100 again. Let us see what happens.

KIRLOSKAR BROTHERES: STOCK WILL BE ON RAMPAGE

UPDATE: 1-07-2014: KIRLOSKAR BROS  HIT 302---- THATS 60% MOVE IN JUST 2 MONTHS TIME--REM WE TOLD STOCK WILL BE ON FIRE

KIRLOSKAR BROTHERS HIT 225  SO 25 % MOVE OF EXPECTED 30-50  AS HAPPENED STILL LOOKING SUPER HOT
MSG GIVEN 3 WEEKS BACK  

 KEEP YOUR EYES FIXED N THIS STOCK- KIRLOSKAR BROTHERS_ A MOVE ABV 185-190  THEN STOCK WILL JUST BALZE AWAY  GIVING 30-40 % MOVE IN NO TIME