MCX looks pretty on charts. Last 3-4 qtrly nos were good. If similar performance continues it will blast on upside. ABove 1030 on closing basis scrip will all set to do 1200++ in short term. Perfect techno funda candidate.
Like MCX GODFREY too is a pretty looking Techno Funda candidate.Bullish Flag n Pole set up on charts. Last qtr nos were awesome. If similar performance comes out again. It will blast to new highs. Above 1005 on closing basis it will 1200++. Good techno funda candidate. Keep an eye.
DCB Bank (165): Gave BO 3 days back above 162. Gone up and due to poor market yesterday came down @165 again. i think 154-160 is now strong buy zone. Keep positional stop below 147.
Bear Flag BO. Looking promosing. Positional Buy cmp 809 stop below 786 look for 875-880
Company came out with turn around Q2 after almost 5 qtr of bad performance. Decent company. Big volumes started building up in it. Seems big sharks getting interested here. Chart looks very good for immediate upside, positional stop 302 look for 370+.
Major break down happened on daily chart. Seems all set to go 200 forst then 180. There it should make base by sideways trading before startinh going up again.
Escorts broke down major support again. Seems will go down below 680 to find some really solid support and consolidate there for time being by trading sideways around those levels.
Somi Conveyor came down sharply from 86 to 36, without any respite. However, it today tested very important support leve of 36-37 zone which was created excatly 2 yrs back. I guess its good time to enter for 30-35% jump. Positional stop can be below 35.1
Acrysil looking ripe in weekly chart for a decent up move. Close above 640 will take it to 735-760. Positional Stop 589
All frontrunners in IT lile TCS, Mindtree & TechM saw good run, now its time to mid cap ITs. Nucleus soft looking ripe for giving 15-20%.