Technical view by Nooresh


The view is maintained range is 13800 to 12800 ..

Above break and close implies continuation of uptrend and we are set for higher highs ...

But as usual e stock specific at current stage indices are too volatile to give good money and already we hav made good of earlier fall and rally we will wait for safer chances ...

Actually the reason to stay away frm indices we have better bets in the stocks ... Nicholas Piramal frm 250 to 263 going goood , polaris frm 128 to 169 ... , aurobindo pharma frm 620-630 to 700 still we like it ..

Now the picks are R..... and Tata Motors above 895 good only ... make quick buck tomorrow
and then add on ... lookout for patni position entered on break of 413 ...

As per peoples request i ll introduce certain intraday picks but i would say play smalll ...
if u wanna play big buy on breakout days in our recommended stocks coz that is sure money ...

Also if people would have tracked our circuit hitters many run away ...

circuit hitters :

1) KLG Systels ( relaince cap having good stake )

2) Ester inds ( can go for some more time )

3) Noble explochem ( good in long term too )

4) indo asian fusegear...

Intraday picks :

1) Klg systels buy below 332 tgt 340-346

2) Tata motors buy arnd 885 tgt 895 -915

3) Krbl above 154 tgt 159 -165

4) Bombay dyeing @ 725-730 tgt 742 and 755

5) Dolphin offshore if u get it buy and sell on circuit ...

Investment stock :

Hindustan oil Exploration and Alpha geo .... add on declines if any

Cant get any cheaper ...




Article by Nooresh Merani

Nooresh has written 2532 articles.

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