Stock View: Mtnl
The stock is witnessing a small flag pattern which would be broken on upside if MTNL gives a sustained move above 77.5. Buy Mtnl above 77.5 for very short term targets of 81/83 with a strict stop loss of 75. This is just a trading pick.
Stock View: Monnet Ispat
This stock is witnessing a pennant like structure which if broken out on upside will give quick returns. Buy Monnet Ispat above 450 for quick targets of 475/485 in very short term. Vols also started to pick up from yesterday, +ve sign for stock.
Stock View: Mukandltd
The stock is trading in a huge parallel channel since Aug 2009 and is trying to breakout from previous 52 week highs to reach to other end of channel. Buy Mukand only if it sustains above 72 for targets of 77/82 with a strict stop loss of 69 in short term.
Have a nice trading day
Regards
Ankit
No comments:
Post a Comment