Technical Pick – Subex Systems

Subexbreakout 

Subex Systems:

QuickGains : Buy Subex at 77-78 stoploss 75 tgt 85/90 in 2-3 weeks.

 

The stock has given a breakout above 77 levels today. Could see a good move to 90 in short term. The stock retraced 61% and has now consolidated for last few weeks. Accumulate for investors.

Earlier had discussed the same stock at 58.

 

TECHNICAL ANALYSIS TRAINING SESSION

MUMBAI January 8-9

For more details call Kazim 09821237002 or mail toanalyseindia@analyseindia.com

Regards,

Nooresh

6 Comments

  1. bhanu
    December 22, 2010

    hi nooresh,

    would you revisit the small cap segment in near future?
    bhanu

    Reply
    1. nooresh
      December 23, 2010

      Hi Bhanu,

      Will revisit when i feel there is a need to average. Some stocks are down but the story remains

      Reply
  2. M J
    December 23, 2010

    Hi Nooresh,

    thanks for all the great recos…analyseindia rocks..
    i have one q, about surya pharma…is it buy at current price….after split its now around 29-30

    thanks again…

    Reply
    1. nooresh
      December 23, 2010

      Hi Mihir,

      Surya is good provided u have a 1 yr vision and accumulate

      Reply
  3. Nidhi Doshi
    December 24, 2010

    Hello Sir,

    81 is strong resistance for Subex.
    Only once it crosses 81 convincingly, it may inch to 90 levels.
    Given the market conditions, it will require lot of fuel to propel this stock.

    Reply
    1. nooresh
      December 28, 2010

      Hi Nidhi,

      Lets c how it goes over the next month

      Reply

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