Technical Favorites – GEI Inds , Navneet Publications, TRF Ltd , Goodricke Group Ltd

GEI INDS – One of our favorite picks.

 

Earlier had advised around 170-173 for a target price of a target of 195 +.

Gain advised recently at 205 2 days back  with a target price of 220-240 roughly.

Stock has finally crossed the crucial resistance of 205 and should head to 240 levels in short term. Buy on every dip.

GEIInds

 

Navneet Publications -

Has been one of our favorites in the education space alongwith camlin ( recommended at 29 ) and was earlier recommended at 45 also.

Recently we added a view to add more quantities from 64 till 55. Target price in the long run remains 80 or more. Also the stock should remain stable in bad market conditions also.

In the short term crossing the resistance of 66-68 could give a quick move to 75 soon.

 

Navneet

 

TRF – Recently we have initiated a buy on TRF at 530 on thursday with a target price of 600 in short term.

Stock seems to have bottomed out and a small breakout seen with volumes.

trf

 

Stock to Watchout for – GOODRICKE GROUP LTD

goodrickenooresh

Interestingly placed for a quick move to 190. Traders and investors can keep it on the radar.

 

Technical Analysis Training Programs :

 

MUMBAI – APRIL 30-1 May  ( Last few seats Left )

For more call Kazim 09821237002 or Asif 09833666151 or mail to analyseindia@analyseindia.com

Cheers,

Nooresh

nooreshtech@analyseindia.com

7 Comments

  1. bipin
    April 24, 2011

    indiabulls finace look good .

    Reply
  2. snehal
    April 25, 2011

    sirjee,,
    ur casll on trf was mind blowing what an prediction. you are sharper than eagle.
    that was awesome bullseye

    Reply
  3. snehal
    April 25, 2011

    the charts of goodric have impressed me and i am obsessed with ur buy call but i would like to buy only if it crosses 162.5 for tar 178and 186 as short term.

    sirjee another interesting pick is FSL —– 20 RS CALL OPTION IS AVAILABLE @.30 PAISE ONLY AND I BELIEVE THERE IS GOING TO BE A DEAL WHERE ICICI BANK IS GOING TO SELL ITS STAKE. IT COULD BE THE EXPIRY SPECIAL IF IT CROSSES 20.5 IN CASH MARKET TAR 22.5 AND 25

    THERE IS A NEGATIVE TRENDLINE RUNNING SINCE MID OCTOBER FROM THE RATE OF 30.5 — REST CHARTS WOULD SAY PLS HAVE ALOOK AT IT
    WHAT DO U THINK SIR?

    Reply
    1. nooresh
      April 27, 2011

      Hi Snehal,

      Goodricke has given a breakout.

      For FSL the trigger point has been ICICI stake for last 1 yr or more. If you have some internal maybe then u can go ahead else the stock has been pretty disappointing.

      Reply
  4. jagatgauri
    April 27, 2011

    maal lav trf

    Reply
  5. Jignesh Shah
    April 29, 2011

    Outlook on Navneet as result in not so good enough

    Reply
    1. nooresh
      April 29, 2011

      Hi Jignesh

      Remain bullish on medium term buy at 56-58. Its a portfolio stock with low risk high returns

      Reply

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