Moser Baer clocking huge volumes in breakout.

Moser Baer (BSE code: 517140) has clocked all time high volumes in the MONTHLY Chart shown along side. CMP is 265 and support exists at 245. Accumulation can be done at current and lower levels for a target of 400 in 2007.

BEML ready for the runup.

BEML (500048) has bounced up from the lower channel and seems set to reach 1140 on the upper channel. CMP is 1000 and stop loss should be 940 on closing basis.

Ceat ltd gets going.

Ceat ltd. (BSE code: 500878) is perking up with good volumes after a decent consolidation period. CMP is 126 and a move beyond 130 will take it to 144 and 160. Stop loss is 115 on daily closing basis.

Crompton Greaves breaks out

Crompton Greaves (BSE code: 500093) has broken into all time high territory. CMP is 272.45 and a close greater then 280 will generate a buy signal. Target is 325 in medium term. Stop loss is 250 on daily closing basis.

ABB set to resume its upward journey

ABB (BSE code: 500002) has corrected substantially after its amazing run from 3000 to 3790. CMP is 3492 and long positions can be considered with a stop loss of 3340 on closing basis. New highs are possible in the next few months.

Alstom Power (APIL) can be bought.

Alstom Power (BSE code:532309) is bouncing from the lower supports of a rising channel. CMP is 424.65 and long positions can be considered with a stop loss of 409 on daily closing basis. Targets are 460 and 520

Tech Mahindra steadily climbing up.

Tech Mahindra (BSE code: 532755) has witnessed an astonishing rise and has doubled in prices since September 2006. CMP is 1139 and a close above 1180 will be take it higher to the the upper resistance line around 1270. This line has been tested only twice and hence it is important to see if the stock faces resistance there. If not then the stock can go to 1500 in no time. Stop loss should be 1010 on closing basis.

Tata Elxsi all set for a good up move!

Tata Elxsi (Bse code: 500408) is breaking out with rising volumes. CMP is 255 and a close above 262 will bring a target of 300 in range. Stop loss should be 240 for all long positions on daily closing basis.

Aurionpro movin up.

Aurionpro (BSE code: 532668) is moving up in bullish trend. CMP is 169.95 and a target of 200 is achievable. Stop loss of 158 should be kept for capital preservation.

Mahind. Ugine has started its afterburner.

Mahind. Ugine (BSE code: 504823) has closed above the 200 dma (126.29) with rising volumes and seems to be in a bull grip. CMP is 127.05 and immediate upside is limited to 137. Beyond that 157-160 is possible. Stop loss for all long positions is 120 on closing basis.

Assam Co. is ripe for the picking.

Assam Co. (BSE code: 500024) is moving up after consolidating for two weeks. CMP is 26.40 and a close above 27 on daily basis will bring in a target of 32. Stop Loss is 25.50 on closing basis.

Pratibha Ind is looking good!

Pratibha Ind (BSE code: 532718) is facing resistance at the 38.2% Fibonacci retracement levels (231) to the fall from its 11th may, 2006 top of 391. CMP is 228 and a closing above 234 will be good for a strong upmove to 263 and 300 the next retracement levels.