Showing posts with label Weekly Stock Recommendation. Show all posts
Showing posts with label Weekly Stock Recommendation. Show all posts
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 (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.
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