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
Happy Investing
Nooresh
Related posts:
- 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
{ 5 comments… read them below or add one }
Hi Nooresh !
Would appreciate if you tell me when to exit Bajaj auto as Iam holding it since long and feel that 1675-1700 is achievable..need your valuable comment on it ! Secondly Max India is on a 52 week high so do you think it can move higher and a safe bet in a market like this? Kindly advise …
Thanks & regards
Hi Kunal my target for bajaj auto was 1650 where one should book at least partially if not fully.
Max India remains a good bet – And in such markets 52 week highs are the safest !! Look at wat has happened to 52 week lows.
Hi Nooresh !
Just booked half @ 1650 … u rock dude !! amazing call..plan to rest the rest @ 1700-1725 hope thats fine?
what is the charges for short term delivery package.
Hi Kalpesh,
Please check http://www.analyseindia.com for more details or call Asif 09833666151 Kazim 09821237002