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+