Wednesday, February 6, 2008

stock recomendation

Dear all,
I had recomended LOK housing couple of days back at 215 odd levels..It hit a high of 252 today. Those who bought, please sell half your shares at around 263-64 levels as this is the 38.2% percentage retracement level from the fall witnessed

Rnrl - please sell half ur shares @ 179-181 levels

Praj and GMRinfra are hold

Ibulls real estate sell 25% of shares @ 690-94 levels

Ks oil- key resistance@ 82-83 levels. will zoom to 90 levels once resistance broken

The new stock which has come on my radar has been Bombay Burmah Trading Corporation
This is wadia group holding company and having major investments in Bombay dyeing
The stock is languishing at its low which was witnessed on 1st feburary and again today.
But i can clearly see a bullish hammer formation.
To further strengthen the buy call is the bullish divergence which I have noticed in RSI and Williams %R oscillator.

I would like you readers to ask me doubts about any stocks which you may want by posting comments and I will surely get back to you.

Besides, I am considering to initiate analysis on the banking sector.

Also, i am planing to create a list of stocks whose analysis can be done on a regular basis
the basket will contain a diverse range of stocks from all sectors
I once again request you to post comments so that we can collectively make the list

Happy Trading!

2 comments:

Kairav Shah said...

What's the insight on the crazy uptrend in HFCL after an equally crazy downslide?

Sanjeev Unnikrishnan said...

I'm a new investor. Require your advice.I would like to participate for VGuard IPO.I would like to invest Rs 10,000/=