Monday, March 8, 2010

Hind Oil Expo (Target Rs282), Punj Lloyd (Target Rs206)

Momentum sees a deterioration

  • With momentum seeing an evaporation backed by negative MACD crossover and negative RSI divergence, a small dip may be the likely scenario as of now. However the dip may not worsen because the daily MACD is still in the buy mode and above the neutral line. In the coming session the dip will get confirm on the break of 5090 level. Below 5090 the likely targets are 5028, 4991 and 4954. However on upside the clearance of 5148 will stretch Nifty for higher targets of 5200 and above.

Trading Ideas

  • Remain stock specific from current levels.
  • Mid term trading ideas which we like are Hind Oil Expo (Target Rs282), Punj Lloyd (Target Rs206), Spice Jet (Target Rs76) and Essar Oil (Target Rs162). Traders maintain stop loss accordingly.

Investment Ideas

HBL Power System (HBL): CMP @ Rs38 (Target Rs58)

--
Safe Harbor:
The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
 
You received this message because you are subscribed to the Google Groups "Investors Please Listen !" group.
To post to this group, send email to investorspleaselisten@googlegroups.com
To unsubscribe from this group, send email to
investorspleaselisten+unsubscribe@googlegroups.com For more options, visit this group at http://groups.google.com/group/investorspleaselisten?hl=en

No comments:

Blog Archive

Life Insurance | Health Insurance | Auto Insurance


Investors Please Listen !

 
More than 100 kinds of Insurance products from more than
20 companies under one roof.



Call: 9818269396 
investorspleaselisten@in.com
www.investorspleaselisten.blogspot.com

 

 

Safe Harbor:

The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
Powered by Olark
Advertising Learn to Invest