Sensex is continuing in the higher top higher bottom fashion the simplest analysis as said by Mr Charles Dow ( Dow Jones is named on him , founder of technical analysis) ....As per Down theory till we dont close below 14040 we are on the continuation to another interemdiate high...
Sector wise ......... IT n Auto majors are set for short covering and the run up stocks like TISCO , etc are set for profit booking or sluggish moves...GLAXO our investment pick is all set for 1400 + ( compounding effect ).....Pennar Steels do buy if u have not ...
Jayaswal Neco hits 3rd upper freeze 30% RISKY tgt done exit .....D&H Welding hits 2nd 10% upper freeze...Essar Oil n Guj Alkalies still maintain watchout for short term gains...
Sterling Bio :::::::::::;;; The only stock which has entered FNO and not moved a bit and huge accumulation has been seen in the stock ....I would put this as my next buy n forget tip stock for June >
Jet Airways our favourite is back on track ,,,,,,accumulate for 2-3 weeks tgt of 800-840 ...
Short term investment picks :
Kalyani steels if u see fundamentally is going cheap .,....I like the stock at every levels if u have 1 yrs patience u can actually see it hitting 52 week highs soon ...
Sasken Communication .....Another pick for 1 yr horizon ,,,,Short term also good if u want good 30-40% annual return this is another compounding stock
Specualtive Calls :
Bluebird above 74-75 for upper freeze
Broadcast above 82 for quick 5-10% in the day ...
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Nooresh
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