Index may do nothing , Stock might !!

Sensex Technical View :

Nothing new on index to update so stick to stock specific !
Stocks to watchout for :
Punj Lloyd set for 240 , Jindal Steel 2850 , Glenmark nearing 1st tgt 270. Unitech stop 78
Neyvyeli Lignite
The stock has multiple tops around 135. Sustaining above the same can tgt 150 in near term. Stop would be 129 on crossover.
Camson Bio can move up on ckts after good buying seen in agro related space. Sabero on ckts. So expect some moves here.
Compact Disc ... Watch for a move above 64 for good trading gains

LAST 2 WEEKS SINCE BUDGET DID SEEM A LOT DIFFICULT TO EVERYONE ---- But in our client trades it was a mix of both short and long. ( will send detailed report at end of month as our ritual ) ( do check our consistent performance for last 4 mths posted )

GTL infra 31-32 entry and now at 35 booked half.
Elecon Engineering Entry around 60-62 booked part at 75 holding for tgt 90.

IDFC sell around 127 covered at 120-121.

HCC 98 to 104 small trade

TV 18 entry at 93/84 and booked at 95/ 100.

Jaiprakash Associates sell at 189 booked at 174

Glenmark 210 to 230 trade and re-entry at 235/240

Century Textiles sell at 360 covered at 343

TCS 404 to 417 and MTNL 88 to 95 small quick trades

Opto circuits 135 to 150.

Jaiprakash associates sell around 207 covered at 199.

Jaiprakash associates 212 entry exit at 219.

Maruti 1130 to 1190

ITC 217 to 228-232

DCB 31 to 35

Satyam 80 to 90 part booking and still holding !!


2-3 stops hit in SBI of 30 bucks, ICICI 10-15 bucks, Aptech 10 rs ( only for budget speculators )

Might have missed some of the small trades or negligible profit trades.

And lot more like Unitech , Glenmark , BEL , GAIL India Cements which are recent ones which are already going strong.


All such calls now available at 15% discount till 31st July. For different plans check www.analyseindia.com or mail to analyseindia@gmail.com else call Nooresh 09819225396 ( after market hours only )

Best Regards,

Nooresh

09819225396

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