Showing posts with label Stock of the Week. Show all posts
Showing posts with label Stock of the Week. Show all posts
Stock of the week (1st – 5th August ’11)
TCS:
TCS is looking strong on chart, as it has been consolidating with positive biasness from last many trading sessions.
Currently it is trading above its 10 day and 50 days moving average on intraday charts with daily RSI at 47.44 levels.
If the stock continues to sustain above the level of 1148 we may expect an up rally in it. Traders may go long in this stock above the level of 1155 for the targets of 1175 and 1200 with the strict stop loss of 1137.
Stock of the Week (18th – 22nd July ’11)
ITC is forming good consolidation phase in the chart and taking resistance of 205 levels. It breaks this level it will take up move till 210.one should go for long position in ITC above 205.10 for the target of 210, 215 with stop loss of 199.50
Stock of the week (4th – 8th July ’11)
Axis bank:
It is looking strong on charts, from the last few trading session it is manages to trade and close above the 50 days and 100 days moving averages. It is now taking resistance at 1316 and support at 1290. It is looking positive in the coming trading session; one can go for long position in it at 1316 for the target of 1340-1370 with stop loss of 1290.
Stocks to Trade for the Week (13th – 17th June ’11)
India info Line:
The stock is moving under tight range from long time. If it manages to sustain above 84 levels then It will continue its bull run. One can go for long position in India Info line above 84 for the target of 88, 92 with stop loss of 80.
Apollo tyre:
The stock is looking nice on charts. In last week market was in correction phase but this stock maintains its strength. If it breaks its major resistance of 73 it will take up move till 80. Traders should buy above 73 levels for the target of 78/80 with stop loss 69.
Stock of the week (30th May – 3rd June ’11)
HDIL (Housing Development & Infra)
It is looking very strong for next week. Technically it’s forming rounded bottom formation. This indicates that now stock it ready to cross its consolidation phase. It is having strong resistance @ 163.50. If sustain this level so one can go for long in it for short term tgt of 166 and 170 with risk of 155.
Stock of the Week (23rd – 28th May ’11)
Stock for the next week is ORIENTAL BANK OF COMMERCE. It is looking strong on charts as it is being consolidating with positive biasness from last many trading sessions. It is currently trading above its 10 days moving average with 46.31 RSI in daily charts. If it manages to sustain above the level of 336, we may expect an up rally in the stock, one could go for long position in the stock above 339 for the targets of 346/355 with strict Stop Loss at 330.
Stock of the Week (16th – 20th May ’11)
Educomp is forming consolidation phase from last two week and trading below 50 days moving average. If it manages to sustain above 450then it will take a up move till 480. One should take long position in Educomp above 450 for the target of 465,480 with stop loss of 430.
Stock Market Forecast for the Week (16th – 20th May ’11)
With the end of this week nifty fell more than 600 points in these 15days of the month and closed @ 5558.90.
Nifty future was not able to maintain itself above 5620 level. For the next week if it maintains above this level then it could go for 5690-5750 levels.
Support for nifty future comes @ 5440 level and if breach this level then it can go for 5390-5350 levels.
Stock of the Week (9th - 13th May '11)
Stock for the next week is Jet Airways; technically it is looking strong on charts in the last trading session it manages to trade above the 10 days and 50 days moving average, it is now taking support at 485 and resistance at 500. It is looking positive in the coming trading session if it manages to trade and consolidate above the resistance level of 500 else it has support at 475. One can go for long position in it at 500 for the target of 525-530.
Stocks to Buy for Short Term for Next Week (11th - 15th April ' 11)
Jubilant Food Works: The Stock is in up move from last week .If it manages to sustain above 620 levels it can take more up move till 640-650.
Buy Jubilant food works above 620 with s/l of 600. Target should be 640-650.
L&T: The Stock is in consolidation phase in last week If it break its major resistance of 1705 it will take up move till 1730-1750.Take long position above with Stop Loss of 1670.
Buy Jubilant food works above 620 with s/l of 600. Target should be 640-650.
L&T: The Stock is in consolidation phase in last week If it break its major resistance of 1705 it will take up move till 1730-1750.Take long position above with Stop Loss of 1670.
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