Ranbaxy Breakout – Sensex up / Reliance Down

by nooresh on August 18, 2010 11:49 pm


Ranbaxy:

 

The stock has given a breakout today. Buy on dips to 460-465 with a target price of 490 + in short term.

Ranbaxy thumb Ranbaxy Breakout – Sensex up / Reliance Down

 

D S Kulkarni :

The stock is seeing encouraging volumes. A move above 78 on closing basis could give a trading move to 90.

DSK thumb Ranbaxy Breakout – Sensex up / Reliance Down

 

RELIANCE INDS:

In the last 1 year we have seen a severe underperformance by Reliance Inds.

The stock has already given a breakdown but a move blow 960 on closing basis could take the stock down to 860 also.

So 960 would be the deciding factor in near term.

 

RelianceInds thumb Ranbaxy Breakout – Sensex up / Reliance Down

 

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Cheers,

Nooresh


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{ 4 comments… read them below or add one }

Raj August 19, 2010 at 13:36

Please can you advice on Gujarat Apollo at current level?

Thanks.

Reply

Neena August 19, 2010 at 18:59

Hello Nooresh,

I solicit your advice on Noida toll bridge.Going forward do you see this stock as a good buy for short term.HOCL has started moving after a long halt.I am holding this stock at a much higher level .Should i average it now?Kindly advice.

Regards,
Neena.

Reply

Luis da silva August 20, 2010 at 09:36

Hi, Nooresh,
I would like to know what you feel about Mcnally Bharat . It is a fantastic engineering co in the material handling space. Is it a buy @280 ? I look forward to your valuable comments.
Luis.

Reply

nilesh August 20, 2010 at 10:28

Sir,
What wld u advice on Jaicorp..as chart look intresting on weekly basis posied for breakout as volumes are also good..earlier too i asked for hindmotor at 22 level bt u said its risky stock n later u gave buy call for trg 40…plz reply

Reply

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