Friday, April 29, 2011

Buy Petronet LNG for a target of 155

Petronet LNG had made an ascending triangle and broken out of it. Its also boken out of its resistance zone of 130. It can be bought at this level for a target of 155.

Wednesday, April 27, 2011

Sell Dabur India at cost price

Dabur India has failed to break out since past 5 months. Sell it at cost and get out of it.

Sell Tata Steel

Tata Steel has been in a trading range since past 4 months. It has faile to break out and perform. Sell and book minor loss of 5% and get out of it.

Monday, April 25, 2011

Buy Gold ETF for a target of 21860

Gold has made an ascending triangle and broken out of it. It can be bought aroun 20840 for an initial  target of 21860.