Wednesday, December 4, 2013

Hinduja Global Solution

Hinduja Global Solution
CMP 469+ 
-- sustaining at higher levels 
-- given breakout above 450+
-- hits new 52 week high
-- breakout have opended up 525 & then 600+
-- in longer time frame for 24-36 months will head towards 1200+ if breaks above 650

Siemens

Siemens ===>
two scenarios concurring on monthly charts
1) if breaks 625+ will head towards 825-850 zone
2) if unable to pass 625+ short for revisit to 550 and lower levels

Everready Industries

Everready Industries

-- formed a bottom around 14.50-16.50 zone
-- longer term basis didnt went below 2008 lows of 11+
-- have retraced 23.8% of last fall from 82 odd to 14.50+
-- falling trendline resistance now placed at 40+ which co incides with 38.2% level of fall from 82 to 14.50
 -- 
dips should be used over next 12-18 months to accumulate for bigger move towards 100+ over next 24 months

Tata Elxsi

Tata Elxsi
CMP 340+
-- a long term breakout if breaks and closes above 350+
-- last two times in 2007 & 2010 have failed to pass 350+ zone
-- double top formation in monthly charts at 350+
-- a decent move above 350+ opens up 650-700 zone .


Whirpool

Whirpool keep a check can proove to be another rocket
CMP  190+
given a decent breakout
any move above 200+ opens up 240+

Tuesday, December 3, 2013

Marksans Pharma Limited

Marksans Pharma Limited
  CMP 14
-- Small Pharma co.
-- Tends to move in circuits whether upper or lower ...
-- have given 10x from lower levels...  i.e. from 1.35 odd to 14.35 today
-- same move occured between 2003 & 2005 where it went from 1 to 40 odd..
-- if history is repeated then same move and beyond is possible..
-- have formed a saucer bottom formation and build a 4 year base..
-- only for adventurous traders & investors... 
-- buy dips towards 9+ to buy for 40+
-- resistance at 17 / 20 / 22 / 25 / 31 / 35 / 40

Jubilant Foods

Jubilant Foods
Any breakout above 1400 opens up 1800 and then 2200 within next 12-18 months time frame