Sensex has inched up irrespective of global cues towards filling the gap at 15060-15100 ..The current move should take a breather arnd 15150-15300 and is a good area for people who used the opportunity at sub 14k levels near our lifeline support should book partial profits here in their investments also to conserve gains ....Sensex took support arnd 14600 in early day and has bounced to our zones... Check for the view given on the bottom http://nooreshtech.blogspot.com/2007/08/bottom-so-close-it-will-form-start.html
Only a close above 15300 for 2-3 sessions will create fresh buying till then we remain a range boud consolidation ..
Investment stock our all time favourite Andhra Petro has given a fresh breakout and should be added more in to the portfolio frm 25 to 23 levels with a tgt of 30-45 in next 6 mths or more... Recommending the stock from 18 levels now at 25 which is a gain of 35 % and more in a span of 3 mths ... So many people who call themselves small investors dont want to invest this way but love to trade... Just pick such steady gainers into ur portfolio ... Mcnally Bharat ( good 20 % move till now) , GEI inds , Elecon engg ,Indo tech transformers , sanghvi movers still a hold ...ANDHRA PETRO repeated 6-8 sessions back also
Weird small cap ideas : Mukat pipes is still goin smooth , creative eye will go slow though , Tourism finance going smooth , mold tek gave a chance to buy and was locked....
As a hint to people who read we had recommended TTML at 29-30 for delivery and 30.2 for btst did 33 on a normal day ...much more to come arnd 36-37 is achievable keep trailing if u hold..
Stocks to watchout for :
KLG Systels and MIC Electronics look good for short term ..Good fundamentals and technical moves of 15-25 % is possible in next 2 weeks to 2 months..
( Disclosure : Already recommended to clients in last 2 days )
Risk call : Buy Genus Overseas part qty now and on declines till 410 for a tgt of 500-600 in next 3-6 mths ..
Century Textiles ( BTST call at 786 del already at 735 ) and Tata Motors look good for intraday with a stoploss at 778 & 667 targets 805-820 and 688-697
Jayant Agro for intra day ckt ...This is for very high risk traders ...
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