Just a few technical charts which look interesting in near term.
Mundra Port :
The stock has given a breakout and is all set for 185 levels in extreme short term.
Disclosure : Recommended at 166-170 to clients.
After a clean 10-15% move up in DLF one can expect Unitech to ride on a similar way if it crosses 89-91 barrier. Risky players can buy with a stop of 82.5
GLENMARK PHARMA :
Nice breakout seen with decent volumes. Expect a move to 350 in short term.
Disclosure: Recommended to clients at 302-305 today.
An excellent bet for long term investors on fundamental basis. Technically could see a very sharp move if crosses 130 with volumes. Investors can keep on radar to accumulate on dips and traders wait for 130.
Western India Shipyard:
A speculative pick as its pretty volatile. One can expect the stock to touch 18 over the next 1-3 months. Buy with a stoploss 12.3. Momentum could be seen on crossing 14.5 with volumes.
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