Sunday, April 25, 2010

New Patterns formed

Karuturi Global is looking good for 23.75-25 keep a stop at 17 and enter .
Reliance Power looking to move towards 190 keep stop at 154 and enter.

Disclaimer: The recommendations provided would be purely on my personal opinion and does not reflect any fund house interest or my personal holdings. I would not be responsible for the loss in trades undertaken based on my recommendations.

The latest breakouts from techical desk are

Nifty heading towards 6623-7126 zone which we have indicated since May 2009.
The Stock universe:-
Pantaloon Retail moving towards our tgt 459-477 very soon.
IRB heading to our specificed tgt 300
Suzlon Energy looks good for long term tgts 110-120 range.
IDFC going towards 200-207.
Everonn is a strong buy with tgt 533-580 in 3-6 months.
Punj LLoyd is long term buy with 300 tgt in a years time.