Speciality Resturants;Rs.156

Specialty Restaurant the stock price has moved above 200 day EMA then came down and took support there and then started to move up the volumes are also increasing which is indicating that the upside potential has developed and i may move up from current levels. The stock has moved above 200 week EMA which is also one of the power technical break out. so the stock have be bought with stop loss at Rs.135
M.MahidaRSri
Trend is Friend
Enjoying Life

Asahi Songwon Colors: Rs.97

Asahi songwon has just made a 52 week high you can see in the chart it is trying to break above the line its about to make a all time high which is very good techncially to buy a stock. Fundamentally the company has been performing well from last five years and fundamentals are also showing improvement so a good buy fundamentally and technically. Stop Loss 10% from current levels.

M.MahidaRSri
Trend is Friend.

Amtek India: Rs.76/-

Amtek india stock is a strong technical buy, it has moved above the 200 week EMA with huge volumes and then it retraced back to 200 week and is just about to move up so its a good technical buy. fundamentally also the company has been working good for last few years and its financial are improving.Recently the group has acquired some europian companies which in future would improve its financials. So a good buy technically and also improving fundamentals.stop Loss Rs.70/- so margin of safety is very high. it appears that we might soon see 52 week high and also all time high so we can expect nearly doubling from current levels.

M.MahidaRSri
Enjoying Life
Trend is Friend.

Balrampur Chini Mills - Rs.69/-

Balrampur chini has give a good results for the quarter ended 2014 for single quarter it has give an EPS of 7.50 which is really good. So it seems the margins are improving but still another quarter results would confirm the same considering the firming of international sugar prices. the stock has moved above the 200 week EMA which really very very good and it trending up it appears that its first resistance is around Rs.100 where the trend line is there drawn from the top of 2006 so very long term trend line. Any break of the same has chances of taking further up. So good fundamental and technical buy with Stop Loss at 200 week EMA which is at Rs.57

M.MahidaRSri
Enjoying Life
Trend is Friend

Shree Renuka Sugars: Rs.24.

Renuka sugars- a leading producer in india has started to move up. It has moved above 200 day EMA and was maintaining around that level only for last six months and for last two day has started to move up and made a 52 week high and that too on heavy volumes, this is giving a clear indication that the stock price is poised for a big move considering the amount of consolidation. Also the sugar prices are firming up and it appears that the stock price is poised for a big move from current levels. so a good buy also the wilmar deal is going to reduce the debt which is directly going to reduce debt which would increase PAT all this is pointing towards better days for stock. Stop loss below Rs.20

M.MahidaRSri
Trend is Friend.

Sesa Sterlite- 214

Sesa sterlite after consolidating around the 200 week EMA for nearly six months has broken above it with very heavy volumes. See the volumes at the consolidation indicating that good amount of accumulation has gone into the stock and now we can see a healthy movement from the current levels. historically seen when ever the stock has moved above 200 week EMA the stock at-least doubled to tripled from that level. so we can hope a healthy movement from the current levels. Stop loss should be the low of the consolidation which is around 170.

Jindal Saw-64

The stock has moved above the 200 day EMA after a long time. also note the volumes, they were very very high on break out above 200 day EMA which is giving an indication that the break out is genuine and the stock has potential to move up from here. Stop Loss 55.