Tips and Tricks

by khalid on 12/11/2010 · 0 comments

Lanco Infratech Ltd :- The stock is in a clear uptrend. It has support at 60 and resistance at 72. Hold with a stop loss of 58 for a target of 130 in one year. Current Market Price (CMP) of the share is Rs 64.85
Kiran Jadhav – Precision Technicals

Tech Mahindra Ltd :- The company has given zero returns on investment for a year now even though the markets have rallied. It is trading in a range of 722-800. Can switch to TCS, Infosys or Wipro. Current Market Price (CMP) of the share is Rs 751.55
Kiran Jadhav – Precision Technicals

Ranbaxy Laboratories Ltd :- The stock has reached 500 levels after May 2008 when Daichi took over the company. The stock has not been able to cross 600 levels because of oversupply at 500 levels. The stock is likely to consolidate at these levels. It has support at 570. Hold with a stop loss of 550 for a target of 800 levels in 6-8 months. Current Market Price (CMP) of the share is Rs 588.70
Kiran Jadhav – Precision Technicals

Adani Power Ltd :- The stock has tested the 145 level several times in the last few months, forming multiple tops. It has support at 130 and resistance at 145. Hold with a stop loss of 128. If the stock crosses 145 levels, a rally is expected. Current Market Price (CMP) of the share is Rs 140.60
Kiran Jadhav – Precision Technicals

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