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STRATEGY 1
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.
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