South India Bank --- Breakout confirmed above 24.3.
Big triangle breakout and good volumes indicate a target price of 28 + in short term.
Accumulate at 24.5-25.
Disclosure – Have a good exposure to the stock taken at 23.7-24.5.
Regards,
Nooresh Merani
July 5, 2012
ANY STOPLOSS SIR
July 5, 2012
23 would be a stoploss
July 5, 2012
DEAR NOORESH SIR,BRILLIANT CALL BY YOU..EXTREMLY PROUD TO READ TECHNICAL ANLYSIS BLOG OF YOUR.JUST GOT YOUR BLOG BEFORE 5 DAYS BUT VERY MUCH IMPRESSED BY YOUR GREAT AND HARD WORK.GIVE ME YOUR NUMBER IF POSSIBLE .
July 5, 2012
Hi Mehul ,
thanks for your kind words.
My number is 09819225396
July 6, 2012
South Indian Bank is always illusive. Quite some time it has retraced from 24+ levels. If mkt reverses, it will reverse heating sl 22/21
July 6, 2012
Lets how it works out expecting a move to 28
July 6, 2012
Your view about Mangalore chem and fert. Break-out with Volume confirmed. CMP 46-47. Can go to 51/52? S/L 44.
Mallya is desperate to raise money and Manglore chem is in line.
July 6, 2012
Yes technically strong.
July 20, 2012
Dear sir
What are your vies on Dr reddy’s stuck@ 1712
July 21, 2012
Keep strict stoplosses if hit exit.