Blog Archives
ACC – ( BUY )
ACC – ( BUY)
Clue for chart viewer’s : Cement Stocks are expected to turn around from current levels.
- ACC seems to have completed its 2 week consolidation and ready for a fresh up move.
- Upside potential remains high and the stock can test 1250-1300 levels in the medium term.
- Trade with a positive bias above 1140.
- Targets at 1250/1300; CMP 1160; SL Close below 1120
Posted By – Venkatraman S
BATAINDIA – (BUY)
BATAINDIA – (BUY)
- The major trend of BATAINDIA is up and the current dip can be utilized to enter in the stock.
- Volumes are at 1 month high (as indicated in the chart) since last 4 four days along with technical reversal seen on charts.
- Trade with a positive bias above 813;
- CMP 841; Targets at 890/920/Higher ; SL Close below 813
BHEL – ( BUY )
BHEL – (BUY)
- Capital Goods major BHEL seems to have completed its consolidation which began 3 weeks back. OI and Volume studies indicate possibility of a fresh up-move in the near term.
- Sustain above 210 for next few days can make the stock test its previous highs of 240-250
- Trade with a positive bias above 210;
- CMP 216; Targets at 239/250; SL Close below 206