Technical view by Nooresh

Midcaps/SmallCaps Rally !! – Time to be Stock Specific to make Money

In the last 3 weeks one other reason for being busy and not able to post is the super run in Midcap/Smallcaps selectively.

Quite a lot of them are being covered in our Advisory Services.

So after a long time we have 4 posts in a day

1) Basics of Finance Course

2) Presentations of Mumbai Seminar

3) Midcaps/Smallcaps Rally

4) Bengal and Assam Company Limited – Small Cap Coverage

 

I would skip the technical view on Sensex which remains 18600 is a stoploss of Shorts and 17800 for Longs.

Stocks to watchout for:

 

 

Some Speculative Views :

Birla Cotsyn could see a sharp move of 30% in short term ! – High Risk High returns.

Syndicate Bank could be headed to 125 levels in medium term. Buy with stoploss of 100.

Ajmera Realty and Kolte Patil look very interesting in the real estate space.Traders can buy with 4 % stop and target price of 15% in next 2 weeks.

Asahi India breakout point is around 80. If closes above could be an interesting medium term pick.

Finally it seems Kalpena Inds and Cosmo Films which are attractive fundamentally should give a strong move of 20% in near term.

NELCAST and LOKESH MACHINES look very interesting on Fundamentals but low volumes a concern. Can give a 30% return over 6-9 months. Buy if u have patience.

MAXWELL INDS –

Breakout seen above 25 expect short term moves to 31. Producer of VIP brand of under garments. Consumer centrict story could get interesting. ALso seeing the price move in PAGE inds which is JOCKEY can expect a re-rating in the stock.

 

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Cheers,

Nooresh

Article by Nooresh Merani

Nooresh has written 924 articles.

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{ 3 comments… add one }

  • Himanshu Gupta August 10, 2010 8:03 am, 08:03

    All of the abv stocks looking hot for short term…..Plz share your views on Windsor machines ,Rei agro ,Sabero organics & spanco…..can hold for 1-2 years

    Best regards
    Himanshu

    Reply
    • nooresh August 10, 2010 10:13 am, 10:13

      Hi Himanshu,
      Sabero i had covered in the 20s.
      REI has risk.
      Windsor and Spanco r good

      Reply
      • Himanshu Gupta August 10, 2010 10:20 am, 10:20

        bought sesa goa 400 call @ 4.95 today

        Reply

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