Resurgere Mines is a penny stock . Probably dis functional now.
What we are looking here is a market trend which will be supporting metals and mines sector.
This can probably create a wild marketeuphoria for the metal stocks ( read junk stocks as well )
We can trade some money on this stock to get 300-400% returns in 12 months time frame
Please note -- > This ...
Orbit Exports could be brought for short term investment with 6 month time frame.
As per the trend lines it should see some good upside.
Entry levels at 130 -145.
Targets in the range of 175 or above.
Stop loss - >123
Our Previous update on TataMotors was also short and here also we are updating the Short status.
1) TataMotors has completed 61.8% fibonaaci retracements.
2) It is hitting in strong weekly resistance zone.
We should be able to make 10-20 easy points from here on.
Entry -> 535-542.
Stop loss -> 548
Target1 -> 518
target2 -> 500
Looking to short Nifty Spot at the levels of 8550-8600.
Stop loss 8650
Targets - 6340.
Trade could span for 1-2 year time frame. Nifty looks bearish to us from our point of view.
This is our long term view for NIFTY. Kindly feel free to share your ideas . Looking to learn more from your experience :)
After demonitisation maruti has recovered on charts.
but the fundamental consumption problem persists.
On charts as well- Maruti opened on gap downs two times last month. Now last of these gaps are filled at 5675 and the market is hitting horizontal resistance lines as well hitting upward trend channel resistance.
It's nice time to mint some money from shorting ...
SKM eggs is seen in free fall from some time. Fundamentally, a very good company.
This call is for investors only. For investment pupose you can accumulate the stock in the range of 23-43 for long term gains.
It is approaching this zone.