Tuesday, December 18, 2012

Buy Fortis Health for target of 128

Fortis Health has made a classic flag patter and broken out of it. It can be bought around 116 for a target of 128.

Keep a SL of 112.

Time frame = 1 month


Fortis Weekly chart:

Wednesday, December 12, 2012

buy SREI Infra for target of 52




SREI Infra has made a wedge pattern and broken out of it. Buy  it around 41-42 for target of 52+.
Keep a SL of 39.
Time frame = 15 trading days


Weekly chart:

Tuesday, December 11, 2012

Buy Tata Chem for target of 441

Tata Chem has made a wedge and broken out of it. It can be bought around 341 for a target of 441. Keep a SL of 335.
Time frame = 3-4 months



Weekly chart:


Buy Federal Bank for target of 580


Federal Bank has made an ascending triangle and broken out of it. Buy it around 500 for a target of 580. Keep a SL of 490. 
Time frame = 2 months


Weekly chart:

Sunday, December 9, 2012

Buy Mysore Cement for target of 82

Mysore Cement has made a symetric triangle on the weekly charts. It can be bpught around 58 for a target of 82 in approx 70 trading days/3 months. 
Keep a SL of 55

Buy JSW Energy for target of 83.

JSW Energy has broken out of its consolidation phase. It can be bought around 68 for  a target of 83.
Keep a SL of 63. 
Time frame = 30-35 trading days

Thursday, December 6, 2012

Buy Andhra Bank for target of 177

Andhra Bank has made a symetric triange as reversal pattern on weekly charts. it can be bught around 115 for a target of 177, in around 5 months/150 days. Keep a SL of 106.

Wednesday, December 5, 2012

Buy Indiabulls real-estate for target of 93

Indiabulls has made an ascending triangle pattern. Buy it around 75 for target of 93. Keep a SL of 71. 
Time frame = 30 trading days

Buy Allahabad Bank for target of 175

Allahabad Bank has made a ascending triangle and broken out of it. It can be bought around 155 for target of 175.
Keep a SL of 150. 
Time frame = 35 trading days

Tuesday, December 4, 2012

Buy PTC India for target of 90+

PTC India has formed a flag pattern, it can be bought at CMP of 76 for target of 90+
Keep a SL of 73. 
Time frame = 30 trading days

Buy Adani Enterprises for target of 320

Adani Enterprises has made a flag pattern. Buy it around its CMP of 260 for target of 320. Keep a SL of 245. 
Time frame = 30 trading days

Monday, December 3, 2012

LONG TERM PICK:: Zee telefilms for target of 940

LONG TERM PICK:: Zee telefilms has formed a rounding bottom pattern and broken out of it. It can be bought around 200 for a target of 940.
Keep a SL of 188.
Time frame = 2 years

Buy Canara Bank for target of 580+

Canara Bank has formed an ascending triangle. Buy it around its CMP of 462 for target of 580+.
Keep a SL of 450.
Time frame = around 30 trading days.