Technical View :
Sensex remains in a consolidation range bound move between 17100 to 19200 ... Till the range is maintained and we consolidate look for stock specific moves... Supports for extreme short term 18300 and 18000 ..
walchandnagar does 7400 , core projects 230 , Mercator lines 116 frm 55 ( recommended accumulation in declines few days back ) , TISCO does intra tgt of 925 looks set for 1k ,
GE Shipping aggresively recommended to clients at 360 many times does 455 today still holding for more ...
some of the messages
Nooresh Merani (10-03-2007 2:26:16 PM): GE Shipping about to break 360 levels ....Buy and forget this stock irrespective of mkt volatility ..If u have patience ( first move frm 360 to 390 in minutes )
Nooresh Merani (10-17-2007 9:58:26 AM): bUY GE SHIPPING At 355-365
( In the morning of lower freeze market )
Nooresh Merani (10-17-2007 11:01:12 AM): GE Shipping can be bought at 370 or below in FUTURES also for those who have patience
Nooresh Merani (10-17-2007 2:09:02 PM): GE Shipping futures at 432 book if u want to ....
( cool 50 bucks ...50 *1200 = 60k in the day )
Nooresh Merani (10-17-2007 2:24:51 PM): Those who booked ge shipping futures at 430 + can re enter now and forget the stock
( reentered at 420 and still holding )
So all in all 50-90 bucks per lot ....i would rather put it 25% on the stock which is good enough on a highly traded and less volatile stock ......
This is just one of the stocks ......
Stocks to watchout for now :
ROLTA ...high risk traders can buy it on every decline for a tgt of 700 + ...high risk high returns ,.... ( long term reco frm 270-300 some of my old readers would remember this )
RPL ...yes our favourite ...recommending frm 115 and before that at 70 ...and many times ... BTST frm 187 carried home... we trade the stock and hold to investment call frm 115 tgt 250 -300 short term 210 is possible
Action Const looks good for 450
Weird small cap ideas :
Cerebra int and BCC Fuba also Panyam cement ( lil less risky ) ...............high risk players can look towards it for 25-50% gains risk 15%
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