Sensex Technical View :
Although the index bounced back from the lows of yesterday but this has led to a much tighter range in the last 2-3 sessions which is 14700-15150 approximately or around 4350-4520 on Nifty.
On the upside resistances are placed at 15550.
Continue to be stock specific as the major action has shifted
Stocks to watchout for :
yuken has moved from 76-78 to 88 book part. Tata Elexsi needs to sustain above 176 for further move.IFCI wait for 54 cross.Omnitech and Helios gave a spurt.Godawari BGR wait for crossover. Take soln stop 37.
Aditya Birla Nuvo looks good for short term tgt of 1035-1050.Buy on declines to 950 stop 930.
LIC housing continues to stay strong with sideways consolidation. Buy if stays above 645 tgt 680/730 in short term. Stock has moved a lot so keep a stop of 3 % .
Investors can have a look on Easun Reyrolle for medium term with a stop of 68. Do ur research.
MAN inds could give a breakout if closes above 54.
High risk trade for short term -- Buy GHCL above 42 stop of 39.5 tgt 47.
IOn exchange a smart 7% move today. Maintain bullish view for tgt of 125.Even Hikal , Bombay burmah and ITD cementation good too for investors.
ORG informatics could be another ckt hitter like earlier speculative picks like Om Metals,Camson ..........Only for penny lovers.
TECHNICAL ANALYSIS SESSION
MUMBAI
MUMBAI
AUGUST 29-30
( No requirement of any technical knowledge, learn simple practical technical analysis which works )
Its better to pay and learn something which stays for a lifetime. But many prefer to lose in their speculative trades then to learn 🙂
Call 09819225396
Nooresh to confirm your seat/queries / details.
BEst regards,
Nooresh 09819225396 ( after market hours )
