aravind_ice

aravind_ice

Exide has been in downtrend for past 3 months,from October 24.It has just shown a small break out after 3 months of fall.RSI is showing positive divergence,I feel the stock may touch Rs 516 /548 level as per fibonocci retracement. Critical Break out at Rs 445 Time Frame 45-60 days We can buy with a very small SL-Rs 408

aravind_ice Updated 

Based on Fibonoci retracement on a weekly basis,I feel the stock may reach 6050 which is the 1.68 percentile

aravind_ice

Even in this tumbling market TVS electronics is moving up steadily with strong volumes,as be Fibbonocci it is showing a target of Rs 538,and RSI is showing a positive divergence. I see a target of 538 /780/1500 in next 18 months. May be this could be the next DIXON tenchnologies (600-15000 in 4 years!!!!)

aravind_ice

After being slaughtered from 649 levels due to bad results (vs expected) this stock was beaten down badly,however last 3 days it is showing a strength by staying above 440 level,I suggest this stock to be added with a target of 558 in coming months

aravind_ice

JM financial has a strong support on 127 and facing a resistance at Rs 142,the RBI has withdrawn strict ban on the loan issuance on IPO and bond market. There is also a news of spliting the compnay in to 3 new entities PMS,Trading and Fund Management. This will allow the stock to touch the level of Rs 185/230/280

aravind_ice

VEDL has crucial support in 435 and resistance at 476 level and it is consolidating in the range for past 6 weeks inspite of market fall the stock is able to hold the price.A yearly break out happens above Rs 496 (2010 level multiyear break out) If the price is sustained and breaks the point we can expect a Target of Rs 580/630/760 Can the demerger be a trigger...