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Thursday, April 16, 2009

Sokhi Sure Shot CALLS for 16th APRIL !!


HIND CONST (BUY) 62-62.5 (Target1) 63.5 (Target2) 65 (Sl) 60

CONCOR (BUY) BELOW 780 (Target1) 792 (Target2) 810 (Sl) 756

Jubilant Organosys (Rs 120) Buy : We recommend a buy in Jubilant Organosys stock from a short-term horizon. It is evident from the charts of Jubilant Organosys that after encountering resistance at Rs 380 in August 2008, it witnessed sharp sell-off.

The stock was on an intermediate-term downtrend till the March 2009 low of Rs 85. However, the stock reversed direction, forming a falling wedge pattern spanning between November 2008 and March 2009. A prolonged positive divergence in the weekly relative strength index (RSI) backs this reversal.

We are bullish on the stock from a short-term perspective. We expect it to rally until it hits our price target of Rs 134.

Traders with short-term perspective can buy the stock while maintaining a stop-loss at Rs 113.

NOTE : JOIN Sokhi Paid Services for COMPLETE SERVICE !! We have BANK accounts in HDFC / AXIS / PNB and ICICI BANK . Mail us on sokhitrading@gmail.com or sms at 09239 176 426 for any queries.

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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.