Tuesday, April 6, 2010

When money making becomes so easy, then expect a fall is round the corner.... 5420-5450 is the next major resistance zone


Stock View: Bhel

Almost a parallel channel is formed in this stock and gave a good move yesterday. The stock if breaks out from this parallel channel could see straight up move.. Buy bhel above 2480 for quick targets of 2520/2550.



Stock View: Gic hsg fin

An obsolute triangle is formed in this stock and is looking good on the charts.. Volumes have also started to pick up... Buy Gic hsg fin at current levels of 90 for targets of 97/103 and stop loss of 86 on closing basis... Momentum play above 92




Have a nice trading day

Regards

Ankit

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