The indices are about to show good bullish breakouts ... Sensex should cross above 14k levels and now as per my fibonacci retracement ...
the sensex fell frm 14100 ( 14035 not far ) to our levels of 12800 ( 12801 exact) (23.6)...
Now on breakout of 14100 it should ideally hit 38.2% of retracement frm 12800 to 14035 ...
i.e 14510 levels ... and maximum 14800 and these are the levels i would like to go short not before that ...
charts i like which i will put up by the end of this week
Maruti Udyog buy this stock on declines oon will be knocking year highs
Ranbaxy buy positional call or wait for close above 405 ( 200 day ema ) above that expect 440 levels in no time ...!!!!!!!!!!
ROLTA (IT ROCKS) accumulate this stock it will soon hit 300+++ levels
Tata motors given at 900 now at 930 i see 1000++ on it ....
Mid n small cap stocks
1) Lanxess abs given a couple of weeks back to break 175 levels n close above ...
Now this gem of a stock always been lagging its fundas should zoom 30% frm here...
2) Ceat Ltd ... Darling stock of investors n brokerages chart given some time back now the time is here it will break our levels of 135 ... buy and add on declines expect one way run abov140...
3) CAMBRIDGE sol ... IT implies also BPO services as all IT firms have their bpo division too .. this stock is purely into Bpo and i love this stock at such levels corrected frm highs ... above 135 non stop ...
4) Kalyani steels ... there is something cooking in this counter fundamentally .. Had recommended itas an investment at 300 odd levels... The stock is all set to run away ... keep accumulating ... also keep a track of jagran
There are many stocks on the mid n small cap side which can run away ... But i would not like everyone to trade a lot ... But still i list out a few so if somebody holds them hold and if some have news then i confirm it technically /.....
List of stocks can be good in intraday look for momentum day traders :
Mtnl still good only, Avantel software one more 20% here intraday ,
Four soft above 75 again momentum , Aftek above 54 ,
Parekh aluminex sumthin cooking , Northgate technologies one side movement soon..
Sunil hitech accumulation on...
Investment stock :
DATAMATICS TECHNOLGIES
Repeat again ... Plz buy some with sl 47 tgt 65 minimum cmp 50 odd....
Also remember it was first written here...
Regards,
Nooresh
9819225396
nooreshm@hexaware.com
