In the post below am just posting a few stocks which are on radar for a breakout/trade opening or just for academic reasons 🙂 . At times some of the trades may get missed also because of already open positions.
Trades can keep the following stocks on radar.
City Union Bank saw a good volume tick today and see further momentum above 51-52.
Jyoti Structures can see momentum above 28-28.5.
What is interesting is the strong volumes over the past few months.
Can this be a turnaround stock and a doubler is the question ? Views Invited.
Manali Petro – A nice trendline breakout seen in short term.
Have not been able to read much on the stock but this did come up in my dividend filter for screening stocks.
At 5-6% yield looks pretty interesting and yesterday saw a good volume and price tick.
Rico Auto – Interesting small cap auto ancillary company. Can be a major turnaround also. There was a time it quoted at 90 bucks in 2006.
Good Volumes seen in last 3 sessions.
TECHNICAL ANALYSIS TRAINING MUMBAI – January 11-12
For more details mail to nooreshtech@analyseindia.com or call 09819225396 Nooresh ( after market hours )
Book Recommendation
Thanks and Regards,
Nooresh Merani
Twitter – https://twitter.com/nooreshtech
Facebook – https://www.facebook.com/nooreshtech
December 24, 2013
Hello Nooresh,
I am a regular reader of your blogs. Please can you let me know what is your target for Manali Petro ? I am holding this stock for last few years and wish to average it out. Also many stocks are coming out of PCAS jail and i see retail participation in weeks to come ahead. Also can you please let me know about IOB and PSU banks ?
I also see that now days you have started coming up with various mid cap ideas which indicates good time ahead in market with stock specific moves.
Thanks