I have started this just to add more spice since Nifty is rangebound. Lets see if we can get some stocks working as per my TA as well.
BhartiAirtl - Looks bullish. CMP - 665, can be bought at between 640-670 with SL 620 for targets of 700.
BHEL - looks bullish again. CMP - 1391, can be bought between 1360-1400 with SL 1340 for targets of 1430.
Cairn - looks bullish. CMP 168, can be bought between 160-170 for targets 180.
ICICI - nicely poised, CMP 428. If it stays above 430 today please buy between 428-435 with SL 420 for target 490
ITC - CMP 183. Short if it rises around 187 with 190 as SL for targets 178.
JP Associate - CMP 74.80. Short if rises around 80 with 83 as SL for targets 58.
Relinfra - CMP 578. If it stays above 575 today please go long with SL 568 for targets 650. However if it slips to 570 please short with SL 575 for targets 480.
RPL - CMP 88.15. Long above 90 SL 88 for targets 105. Short below 90 with SL 92 for targets 75.
Sesagoa - CMP 99. Long above 99 with 97 SL for targets 110. Short below 99 with 103 SL for targets 86.
Wipro - CMP 226. Short at these levels SL 232 for targets 210. Go long above 232 SL 225 for targets 255.
Please note these are all cash levels and all SLs are reversible i.e whenever an SL is hit an opposite position should be initiated immediately.
Cheers
SH
Tuesday, February 10, 2009
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