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Tuesday, February 10, 2009
Sokhi Sure Shot Calls for 10th FEB !
INDIA INFO (SELL) 48.2-48.75 (Target1) 47.6 (Target2) 46.5 (Sl) 49.25
IVRCL (BUY) 119-120 (Target1) 123 (Target2) 127 (Sl) 116
REL CAP (BUY) 387-390 (Target1) 395 (Target2) 414 (Sl) 383
PUNJ LLOYD (BUY) BELOW 95 (SHORT TERM TARGET) 125 (MEDIUM TERM TARGET) 160 (Sl) 78
Futures :
JINDAL STEEL & POWER FEB FUT (BUY) 1100-1105 (Target1) 1115 (Target2) 1155 (Sl) 1088
INDIA INFO FEB FUT(BUY) 47.25-47.6 (Target1) 48.25(Target2) 49.8 (Sl) 46.5
Welspun-Gujarat (Rs 70.25) Buy : We recommend a buy in Welspun-Gujarat Stahl Rohren from a short-term trading perspective. It is apparent from the charts of Welspun-Gujarat that it was on a medium-term down trend from its December high of Rs 130, forming lower peaks and lower troughs.
The daily RSI is on the brink of entering the neutral region from the bearish zone. The weekly RSI is also displaying prolonged bullish divergence, indicating further upside. We are bullish on the stock from a short-term horizon.
We expect the stock to rally until it hits our price target of Rs 80 in the approaching trading sessions.
Traders with short-term perspective can buy the stock while maintaining a stop-loss at Rs 66.
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DISCLAIMER
All the advises,calls,tips and predictions are neither an offer nor a solicitation to purchase or sell securities.The information and views given by writer is believed to be reliable but no responsibility (liability) is accepted for error of facts and opinion.Writer may be trading in or having positions in stock markets.
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