The stock looks set for 210 + levels in short term.
Dislcosure: Have initiated a client call to buy at 191-192.
Also traders can keep a watch on GMDC if trades above 185 could give a good move to 200 levels.
For the index the view is simple will look to book partially in rise to 16800-17300 and then trail if it moves higher. Good bounce seen as expected – http://www.nooreshtech.co.in/2011/08/sensex-short-term-bottom-in-sight-bounceback-on-cards.html
- Chambal Fertilizers –Good Breakout on short term and very interesting on long term.
- Gillete India – Major Breakout may head to 2400 in medium term.
- Excellent moves in Chambal, GMDC, GSFC, Idea, ONGC, Sun Pharma, Bajaj Auto, Aditya Birla Nuvo,
- GMDC, GSFC and IDEA – Interesting Bullish Setups
- Escorts – Interesting candidate for Bounce Back