SAIL set for 260 +, Ashok Leyland on verge of breakout

Sensex Technical View :

 

Sensex the upper channel resistance comes at 17900-18200 band. In the short term very strong support at 17300.

 

So till we dont go to either of the range difficult to take a short term trade on index. Continue to be stock specific. Gut feel suggests that midcaps may finally start zooming in April with fresh money allocations.

 

SAIL

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SAIL seems set for a move to 260 + . Recommended today at 248. Now stop revised to cost.

 

Ashokleyland

 

Ashok Leyland seems to be headed for a breakout.

 

Regards

 

Nooresh

 

www.analyseindia.com

 

9819225396

7 Comments

  1. SIVA PRAKASH
    April 4, 2010

    sir,
    Your blog is very usefull to small investers like me. I request you to suggest me few stocks to buy for a long term view ( stocks for more than five years )

    Reply
    1. Admin
      April 4, 2010

      Hi Siva,

      I am not a long term visionary beyond a couple of years. You can look towards IDFC, Fortis, Max India

      Reply
  2. Prabhakaran
    April 13, 2010

    Could you please suggest me some stocks to buy for medium term (3 to 6 months)?

    Thanks in advance

    Reply
  3. Rohan
    April 14, 2010

    Sail broke down to 229 do you still feel it will cross 260+ in coming days ?

    Reply
    1. nooresh
      April 15, 2010

      Seems difficult now.

      Reply
  4. hemang
    June 9, 2010

    Hi,

    Can you comment on resugere mines, as i am got stuck in it.
    If you r not traking it, still what one should do here.

    Hemang

    Reply
    1. nooresh
      June 9, 2010

      Hi,

      Any rise to 80/95 should be used to reduce exposure.

      Regards,
      Nooresh

      Reply

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