The stock has been consolidating in the range of 45-55 since Jan '10 and this has resulted in the formation of a triangle pattern of daily charts. If you see the volumes (highlighted) for last few days there is strong accumulation going in the stock. Buy Time Techno only if it sustains above 55-56 with a stoploss of 50 on closing basis and look for targets of 65/75 in short to medium term.
Stock View: Federal mogul
The stock has given a nice breakout from the up flag pattern with huge vols. The stock needs to sustain above 140 to confirm it a breakout. Buy Federal Mogul at current levels of 140-141 with a stoploss of 133 on closing basis and look for targets of 155/165 in 10-15 days
Have a nice day
Regards
Ankit
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