ACC, Ganesh Housing , Eimco Elecon, Hinduja Ventures – Quick Technical View

Did not get enough time this weekend so a quick technical view on few stocks.

 

ACC : Time For a Bounce

 

ACC

 

Eimco Elecon :  Interesting triangle breakout for medium term

 EimcoElecon

 

Hinduja Ventures :

High cash on Book gives margin of safety.

Technically a cup and handle shud target 700 in long run.

 

 

 HindujaVentures

 

Ganesh Housing :

Breakout above 205-210

 

ganesh

11 Comments

  1. Neena
    August 16, 2010

    Hello Nooresh,

    Kindly update the short term trend and the target for IFCI .I am holding Alok for a pretty long time but it seem to be a laggard .Can i continue holding or should i exit.Any idea about Gitanjali gems.Kindly advise.

    Regards,
    Neena.

    Reply
    1. nooresh
      August 16, 2010

      Hi,

      IFCI expect the stock to stay sideways. Alok can shift to other stocks. Gitanjali no view now

      Reply
  2. SIVA PRAKASH
    August 16, 2010

    Sir,
    PLS go through the chart of HINDCOMPOS , let me know ur view abt it

    regards
    Siva

    Reply
    1. nooresh
      August 16, 2010

      No idea on the stock

      Reply
  3. Rakesh
    August 16, 2010

    Nooresh,

    Excellent Analysis.
    Have you looked at the chart of Ankur Drugs, its been falling like 9 pins. Almost lost 30% in one week. Please comment.

    Rakesh

    Reply
    1. nooresh
      August 18, 2010

      Hi Rakesh,

      The stock gave a technical breakdown quite some days back. Can expect 10-15% bounce in extreme short term

      Reply
  4. xyz
    August 16, 2010

    Nooresh bhai holding aarti drugs @ 54 delta corp @46 and klg systel @ 135 … Wht should I do hold or sell

    Reply
    1. nooresh
      August 18, 2010

      Aarti Inds u can exit on rise stock not performing well… Delta Corp hold on and add on dips… KLG exit on any rise

      Reply
  5. Rithik
    August 16, 2010

    Dear Nooresh,

    Today’s recommendation of Ganesh Housing is awesome call, however I didn’t catch this.

    Appreciate your wonderful analysis.

    Regards
    Rithik

    Reply
  6. Kunal
    August 16, 2010

    Hi nooresh,
    Iam holding Subros and Maxwell…I would like to know your targets and SL on the same.
    Thanx

    Reply
    1. nooresh
      August 18, 2010

      Please check the appropriate post for SUbros… Maxwell stop is 23.5 on closing

      Reply

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