Short-term Picks:- BATA (Rs 291):- The Stock has gapped up on daily graph and now shows signs of breakout from 3-month consolidation area between Rs 300 and Rs 250. This is a buy-in-dip stock and as long as Rs 275 is maintained, up trend would remain intact. Buy Rs 285-288 for target Rs 305-308, keep stops below Rs 280.
Friday, July 30, 2010
Saturday, July 24, 2010
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Friday, July 9, 2010
HDIL
Short-term Picks:- HDIL (Rs 246):- The stock is trading in an up channel for the last 6 weeks and currently it trades above short-term 13 and 26 Day Moving averages. Stock moving above Rs 253 would be a breakout and 5-7% rally after that can be seen. Buy Rs 244-246 for target Rs 263-266, keep stops below Rs 234.
