United Phosphorous and Oswal Chemicals ( Bindal Agro ) – Technical View

UnitedPhosEntry

 

United Phosphorous:

The stock is available at bottom of the channel and looks highly oversold.

One can look for an entry on dips with a stoploss of 160-162 on closing basis. Good investment pick also but a slow mover.

Low risk High returns. Bounce could go all the way to 180-200.

Oswal

 

OSWAL CHEMICALS ( Bindal Agro )

 

Earlier Chart posted here - https://nooreshtech.co.in/wp-content/uploads/2010/12/Oswal.png 

Stock has finally given a breakout above 24. Can head to 27/29 in extreme short term.

Stoploss placed at 23.

7 Comments

  1. elex
    December 15, 2010

    Hello Sir,

    What is your view on beckons industry. Company is earning good profit from last few years. There businees is also intresting, Only problem with the company iss low promotor holding. I am not able to decide on it wether to invest in it or not ?
    Do you think it has a potential of become a multibegger stock?

    Reply
  2. Himanshu Gupta
    December 16, 2010

    hi nooresh,

    Bought United Phosphorus @ 167 …. ur SL of 162 hit today …i still hold it….what to do …plz suggest ….can hold for 1-2 months

    regards
    Himanshu

    Reply
  3. Shekar
    December 16, 2010

    Please You still hold the view that UPhos is buy. It is near the channel bottom or near breakdown level. I have a long position at 165. Thanks and regards

    Reply
    1. nooresh
      December 16, 2010

      Hi Shekhar,

      Stoploss hit.

      Reply
  4. M J
    December 17, 2010

    Hi Nooresh,

    great calls on Sugar and intras….

    hey, did u sent the certificates to us?? just wanted to check as i was out of town for a long time

    thanks again!
    cheers

    Reply
  5. Himanshu Gupta
    December 19, 2010

    Shree Ashtavinayak Cine Vision Ltd dumped from 50 to 13 in a month …. whats your view ?

    Reply
  6. elex
    December 20, 2010

    Hello Sir,

    What is your view on beckons industry. Company is earning good profit from last few years. There businees is also intresting, Only problem with the company iss low promotor holding. I am not able to decide on it wether to invest in it or not ?

    Reply

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