Monday, September 29, 2014

Glenmark Pharma - Buy at CMP

Glenmark Pharma is a good buy at CMP. Target 740, 780 SL 700


  • Stock has retested the break out and has gone up
  • Reacted from 50 DEMA
  • Volumes have picked up consistently over the past few days
  • Stochastic & RSI are reversed from oversold area
  • CNX (Pharma) has given a break out



Sunday, September 28, 2014

Jai Corp - Good Buy at CMP

Jai Corp is a good buy at the current levels.

  • Reacting from 200 DEMA
  • Stock is at previous support and resistance levels on weekly charts
  • Stochastic Crossover




Saturday, September 27, 2014

Coal India - Good Buy at Current Levels

Coal India is giving a very good opportunity to Buy.


  • Stock reacted from earlier resistance
  • Stock reacted from earlier break out resistance
  • Stock reacted at 50% Fib retracements (Range - 238 to 424)
  • Taken support at 200 EMA

Sunday, September 21, 2014

Bajaj Electricals

Buy Bajaj Electricals above 290 for a target of 350 SL 270. 

(Risk Reward Ratio 1:3)



Sunday, September 7, 2014

Oriental Hotels - Buy

Oriental Hotels has given multiple break outs with good volumes. 

  • Crossed 200 Weekly EMA 
  • Stochastic has given a Crossover
  • RSI is moving up
Buy at CMP 26.80 Target 34 & 42 in 3 months SL 23.