Sunday, December 9, 2012

Reliance Communication Ltd



Reliance Communication Ltd

Sector TELECOMMUNICATION – SERVICES
Stock has jumped by more than 10% in last two weeks.Share has hit Six months high on 07/12/2012.As per RSI & fast stochastic is in Over bought territory with a value of 81.59
Keep Buy on Decline Paid Clients Holding as Investment Stock, Stock Price will Repeat the History till 126-136.


Thursday, December 6, 2012

Vijaya Bank


Vijaya Bank

Sector BANKING
broken resistance, as defined by bollinger bands , with good volume on 30/11/2012. This could mean a good up move is imminent.
Share witnessed a sharp jump in price coupled with rise in volume on 30/11/2012. This may mean that a strong buying interest is in the stock and momentum traders may want to enter for quick gains. Stock has jumped by more than 10% in last two weeks & 25% in last three Month. Macd line has crossed over Signal line on 27/11/2012 . This may mean that the share may be trending. It could be a buying opportunity if other indicators are supporting the move. Pattern - Channel - Rectangle. Validity of this pattern is atleast for duration : 26/10/2012 to 27/11/2012.
Keep add in to Portfolio.
Demand Area of 56-53.50 SL 46
In coming week headwind for it’s
LONG TERM TGT 77-91.

Adani Enterprises Ltd.


Adani Enterprises Ltd.

Sector TRADING
Stock has broken resistance, as defined by bollinger bands , with good volume on 30/11/2012. This could mean a good up move is imminent. share witnessed a sharp jump in price coupled with rise in volume on 30/11/2012 . This may mean that a strong buying interest is in the stock and momentum traders may want to enter for quick gains.
Stock Screening of Volume can be found, jumped by more than 25% in last three Month. Validity of this pattern is atleast for duration : 02/11/2012 to 29/11/2012. keep add in to Portfolio.
Demand Area of 239-233 SL 220
In coming week headwind for it’s
SHORT TERM TGT 260-277 CLOSE Abv 277
LONG TERM TGT 375-410.

Jain Irrigation Systems Ltd.


Jain Irrigation Systems Ltd.

Sector PRINTING AND PUBLISHING
Stock has jumped has moved above 15 days Simple Moving Average after 25 days on 30/11/2012 with rise in volume. Share has hit two week high on 30/11/2012. Slow Stochastic & RSI is in Over Sold.
Recent price moves on 27/11/2012 indicates trend reversal and stock may Rise in near future.
Spinning top Candlestick pattern was formed, This normally happens after some news affecting stock is out. Traders can use the momentum to gain some quick returns provided other indicator are supportive This stock is in short term up trend.
This mean that a strong buying interest is in the stock and momentum traders may want to enter for quick gains. This stock is in short term up trend. One can keep add in to Portfolio.
Demand Area of 66.50-63 SL 59
In coming week headwind for it’s
SHORT TERM TGT 75-78 CLOSE Abv 76
LONG TERM TGT 103-112.

IDBI


OBC


Jindal Poly Films Ltd.


Jindal Poly Films Ltd.

Sector PACKAGING

Stock Has was in over sold level. However, recent price  moves on 30/11/2012 indicates trend reversal and stock may rise in near future.

Slow stochastic indicator was in over sold level.has moved above 15 days Simple Moving Average after 20 days on 29/11/2012,The Stock Jindal Poly Films Has entered into investors time.One can keep Accumulating this stock for coming 1-3 years for selling at 377 close abv 450 Tgt 700 and above range.The accumulation zone for investors is 140-170 range. I am very much bullish on this stock in long run. However, recent price moves on 27/11/2012 indicates trend reversal and stock may rise in near future.This was done with jump in volume. Which is another indicator supporting the counter trend. This may mean that a strong buying interest is in the stock and momentum traders may want to enter for quick gains & Investors get best Risk-Reword.