Monday, October 4, 2010

Garden Silk Mills & BHEL given last week, both gave a good move. Now watch out for AnantRaj & Geojit Bnpp

 
Stock View: GeoJitBnpp
  
GeoJitBnpp is looking interesting on daily charts, if you see on the charts there are many intraday highs around 37.5-38 zone which may act as a resistance zone. Plus falling and flat trendline are also placed at 37.5-38 zone and need to be crossed for the stock to move higher from current levels. Buy GeojitBnpp only if it sustains above 37.75-38 with stoploss of 35.5 on closing basis for medium term targets of 42.5/45. Vols are also giving an encouraging sign.



Have a nice trading day

Regards

Ankit

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