Strong Technical Pick – City Union Bank

cityunionbank

 

CITY UNION BANK :

Strong Technical Pick for a quick 10-15% jump.

Buy at 49-50 with a stoploss of 46.8 and a target price of 55+

Disclosure: Recommended to clients at 48 and 49.

 

TECHNICAL ANALYSIS TRAINING

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12 Comments

  1. jayanthimurali
    October 28, 2010

    Hello Nooresh,
    Thanks a lot for the article and it is extremely useful. My sincere thanks for all your Sms updates.

    Reply
  2. Mihir
    October 28, 2010

    Thanks Nooresh for the reco!

    I have one query,,,,its about western india ship…checking technical chart not making much conclusion…is it still hold for a big move? or book profit in the range of 17-18……
    Thanks for your help!

    Reply
    1. nooresh
      October 28, 2010

      Hi Mihir,

      It can see a fresh move above 19

      Reply
  3. satish
    October 28, 2010

    Dear Nooresh,
    Hope u doing well!!
    I have made handsome money thru Quickgains…….My sincere thanks …… Really happy the way u guys function,,, Asif and Kazim ……..thorouthly Professionals….
    Following are the stocks im really stuck……. Kindly advise ;
    I bot 500 stocks of Valecha Engg @ 196 , 4000 stocks of Mirc Ele @ 27, and 200 stocks of Auto Corp Goa @ 400 ………….as advised
    Do I need to holdon/average Valecha ???
    short term can I expect Mirc Elec to touch 32 or so……..

    Thanks and Regards
    Satish

    Reply
    1. nooresh
      October 29, 2010

      Hi Satish,
      Thanks for the appreciation.
      Valecha stoploss hit exit on rise to 184.
      Mirc Elec and ACGL are hold for long term.

      Regards,
      Nooresh

      Reply
  4. Sunil
    October 29, 2010

    Hi Nooresh,

    Is Lokesh Machines still good to buy at CMP of 64?

    Thanks,
    Sunil

    Reply
    1. nooresh
      October 29, 2010

      Hi Sunil,

      Yes slowly accumulate with long term view.

      Reply
  5. saurabh
    October 29, 2010

    hi nooresh,
    reading ur blog since 3-4 months and its really a gr8 stuff as well as educative also,
    keep it up and cheers. trying to ride the momentum.
    can u tell fundamental and technical views about gmr infra.
    can i buy more at these levels for short to medium term with a stoploss of 52 on closing b

    Reply
    1. nooresh
      October 29, 2010

      Hi,

      GMR infra technically is weak if stays below 51 can be real bad.

      Reply
  6. Sunayana
    November 2, 2010

    Hi Nooresh,

    What do you do with City Union Bank? Its moved down after touching 52 levels.
    Is the target of 55+ still ON or things have changed?

    Regards.
    Sunayana.

    Reply
  7. HARIDAS
    December 8, 2010

    Hi Nooresh

    Whats ur view on Crane Software….Is it abuy at current level for long term

    Reply
    1. nooresh
      December 9, 2010

      Hi Hari ,

      No view

      Reply

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