Tips and Tricks by Hemant Kale of MAIA Financial

by khalid on 03/05/2011 · 0 comments

tips and calls2123115212 Tips and Tricks by Hemant Kale of MAIA Financial

Subex Ltd :- Hold with a stop loss of 63. The stock has been volatile , it rose from 50 levels to reach 65 before falling again in April. But the trend on the chart is positive. On the upside, resistance is at 80-85. Current Market Price (CMP) of the share is Rs 63.35 ( HOLD )
Hemant Kale of MAIA Financial

Orbit Corporation Ltd :- Sell on rally. The stock is in a long term corrective formation. It could never be a momentum play in next three months. Current Market Price (CMP) of the share is Rs 48.40 ( SELL )
Hemant Kale of MAIA Financial

Ballarpur Industries Ltd :- The stock got a booster in the form of AP Paper deal. With pulp prices cooling, performance of the company is likely to improve. The company is also planning to list its international subsidiary and raise Rs. 1,500 crore and reduce its debt. Current Market Price (CMP) of the share is Rs 33.75 ( HOLD )
Hemant Kale of MAIA Financial

Alok Industries Ltd :- The stock is in an uptrend on daily chart and moving in an upward tilted channel as observed on the monthly chart from September 2009. Currently, it is in a secondary uptrend depicted by higher tops and higher bottoms. Resistance for the stock is at 30. Current Market Price (CMP) of the share is Rs 27.25 ( HOLD )
Hemant Kale of MAIA Financial

K S Oils Ltd :- The company has 10-11 per cent market share in the sector. It is a high beta stock and is driven by operational activity. The company’s units in Malaysia and Indonesia are doing well. The stock could reach 45 in medium to long term. Current Market Price (CMP) of the share is Rs 32.85 ( HOLD )
Hemant Kale of MAIA Financial

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