Nifty technical analysis. warning:It may be noted that the views furnished in this blog is that of author and nothing should be taken as an investment advice. The followeres or readers of the blog should take investment or trading decision on there own analysis and author is not responsible for any loss incurred.
Wednesday, February 4, 2015
Tuesday, February 3, 2015
Monday, February 2, 2015
Suven Life Sciences:Rs.263/- the stock has given a very good break out on huge volumes as is indicated in the chart above. its a weekly chart.Today volume is more than last four weeks volume indicating that the move might be genuine. the break out has resulted in all time high for the stock which is very good indication for bulls. Fundamentally also the company has been performing very well from last two to three years which is a clear indicating the stock is moving up on improved performance year on year. So it appears to be a good techno fundamental stock. Stop loss below 200/-
May All be peaceful and Happy
Mahiidar M
Enjoying Life
Trend is Friend.
Thursday, January 29, 2015
Axis Cades-Rs.187/-, the stock seems to be headed for good upside movement. The stock has made an all time high and also the rise all through has been on a heavy volumes as indicated in the chart which is a clear indications that the informed investors are accumulating stock and once this is over we might see the stock making new highs. Fundamentally also the company is performing very well its EPS has increased from 1.70 in 2009 to 8 in 2014 a continues rise. It has been generating positive cash from operating activity. All this is pointing that the up move is on the basis of fundamental improvement and it seems it has just started up move and upsides are possible. Stop Loss:Rs.140/-
May All be Peaceful and Happy
Mahiidar M
Enjoying Life
Trend is Friend
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