Tuesday, January 09, 2007

HOV services bucks the trend


HOV Services (BSE code:532761) has risen strongly when most of the stocks were down. The volumes are encouraging and long postions can be taken at CMP (197.60) with a stop loss of 174 on closing basis. Any pullbacks can be bought! Stock can touch 235.

Monday, January 08, 2007

Selan Exploration ready for higher territories.


Selan Exploration (BSE code:530075) has broken out of a resistance zone and is consolidating for past few days. CMP is 88 and a close above 94 will be a good entry for a target of 110. Stop loss for all long positions should be 80 on daily closing basis.

Friday, January 05, 2007

Sintex Ind is filling up for a strong rally!

Sintex Ind (BSE code 502742) has made a bullish pattern and is breaking out for a strong move upwards. CMP is 231 and 255 is possible in the short term and 300 in medium term. Stop loss should be 212 on closing basis.

Thursday, January 04, 2007

Northgate goin north!


Northgate Tech (BSE code: 590057) has started moving upwards after a consolidation period. CMP is 877 and a target of 1050 can be achieved. Stop loss should be 820 on closing basis.

Wednesday, January 03, 2007

CIty Union Bank flies high!



CIty Union Bank (BSE code: 532210) has moved up with good volumes today to close at 172. The stock is set to touch 195-200 levels and positions can be taken with stop loss of 155 on closing basis.