Torrent Power --- This is one stock which gave super returns in the day. Bought at 222 sold at 245.
The breakout seems a major turnaround with supporting volumes. One can accumulate the stock on every dip with a target price of 270-300. Stoploss 210.
Disclosure: Have a bullish bias as already advised at lower levels and booked decent gains.
TECHNICAL ANALYSIS TRAINING SESSIONS
DELHI 18-19 February
MUMBAI 25-26 February
Also if you would like us to do the program in your city and have a group do let us know onanalyseindia@analyseindia.com
To book your seat call Kazim 09821237002. If you would like to speak to me regarding any doubts SMS me Nooresh – 09819225396 ( will get back to you post market hours )
Happy Investing,
Nooresh Merani
March 5, 2012
Dear Nooresh,
hi !
look at volumes and change in direction today. time for reversal in upward direction again.i had also tracked on same day and traded for good returns again i added today. but it did not close cleanly.will see follow up in coming days……..
Pankaj Shah