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Kokuyo Camlin - Lot more to go IF THIS HAPPENS....Kokuyo Camlin CMP 147 IMPORTANT - DO NOT BUY AT CMP . BUY ONLY ABOVE 160. DEFINITELY NOT BELOW 160. VERY IMPORTANT. Target 200 plus Stop 110 Monthly chart. Stock has broken out of the previous 3 year resistance zone. Stock also has a pattern of scallops (ascending). Though all points to a possible upward move, it is relatively safe to enter the stock ONLY IF THE STOCK CLEARS THE RISING RESISTANCE TREND LINE WHICH IS AT AROUND 155-158. HENCE ANYTHING ABOVE 160 IS A GOOD BUY.
NSE:KOKUYOCMLNLong
by scorpiomanoj
GHCL - A STOCK THAT SHOULD BE IMMEIDATELY BOUGHTGHCL CMP 349 Stop 270 Target 600 plus Monthly Chart 1) Stock has completed a broad rounding bottom formation based breakout at 205 which has become a strong support. 2) Stock has done a post retracement breakout above previous swing high at 295 levels which is possibly the next level of strong support. 3) 30 period ma is acting as a resting point for the stock in its uptrend. 4) Stock has multiplied 2x to 3x on three occasions since its encounter with 30 period ma (from 39 to 95, 82 to 160, 101 to 295); stock expected to repeat given the similar pattern by atleast 2x times from 213 level which gives a target of 425 plus and 3x gives a target of 640 plus. Hence stock expected to reach an average level of around 530 levels. 5) Trailing stops and traders patiences recommended to capture the max benefit.
NSE:GHCLLong
by scorpiomanoj
Asian Hotels North - 2X times possibleAsian Hotels North CMP 288. Target 390 / 512 plus Stop 220 Monthly chart Stock has cleared past key resistance levels with great volumes. Stock has a mild resistance at 390. Above 390-400, stock has the potential to reach 500 plus. Aggressive traders can invest at cmp at stop of 220 and trail the stops as the price moves up inorder to get the max benefit. Conservative traders can wait for a retracement 250-270 levels but should be willing to take the risk of missing out in case it doesnt happen.
NSE:ASIANHOTNRLong
by scorpiomanoj
LTTS - Bullish patternLTTS CMP 1212. Target 1500 plus Stop 1050. 1) Double bottom breakout at 1150 with good volume. 2) Price bouncing back on a nice trend line. 3) Price might retest the support line or close to support line 1150-1175. 4) Aggressive investors can enter at cmp; but should be willing to face the retracement just in case it happens. 5) Conservative investors can invest around 1175 levels; but should be willing to handle the situation in case of any miss-out in the absence of expected retracements / nil retracements
NSE:LTTSLong
by scorpiomanoj
1
Zensar Technologies - Nice upmove expectedZensar Technologies CMP 936 Target 1035 / 1130 Stop 800 Weekly. 1) 200 ema has provided a solid support for the stock. 2) Stock has pierced past the downward sloping resistance line with above average volumes. 3) In that process stock has surpassed 30 week ema which has been a crucial support or resistance for the stock historically for a significant period of time. 4) Stock has made the first swing Higher High and Higher low and the second Higher high is in the process of formation with previous swing high surpassed. 5) Mild resistance observed in 1033-1040 levels. Above this, has the potential to reach 1130 plus.
NSE:ZENSARTECHLong
by scorpiomanoj