In the Mumbai Seminar we had shown how technical analysis could be effectively applied for superb short term trades. Many examples like Ion Exchange, Autoline Inds, Magma, Amar Remedies etc were presented.
Will soon put that presentation.
Some More Stock Specific Views :
Midcap banking stocks have been consistently making new highs as expected. We believe there is much more to be seen in this sector and this might just be the start of it.
Lakshmi Vilas recommended at 78-80 and again at 96-98 has done 110 already.
Currently South India Bank, City Union Bank, Dena Bank and Bank of Maharashtra look excellent on charts. Also Yes Bank could see a sharp move. Traders who can take a risk of 3-4% stop and 10% can look to the above stocks for quick moves.
Tea Stocks like Jayshree tea and Mcleod Rusell look interesting on technicals and market knowledge suggests a rise in tea prices of late could lead to a further upmove in the sector. ( Jayshree tea recommended in the ppt too )
Omnitech buy around 205 stoploss 195 tgt 225 in short term.
Strides Arcolabs buy at 445 stop 438 tgt 460 in 1-3 sessions.
Quickmoves could be seen in Shilpa Medicare/ Himadri chemicals on back of technical breakouts. But low volumes deter a strong buy.
For more of our stock specific timely advise do check into the services link on the upside or call Asif 09833666151 to find a plan suited to your trading style.