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Monday, July 13, 2009

Sokhi Inside News + Sure shot Calls :-)

AXIS BANK , MOTILAL OSWAL FINACIAL , GEOJIT, TATA COMMUNICATION LIKELY TO BUZZ TODAY.

TATA COMMUNICATION (BUY) 435-455 (SHORT TERM TARGET )520-550 (Sl)420

Avoid bank stocks for the near term and use sharp declines to buy for the long term.

Oriental Bank (Rs 157.6) Sell : The daily RSI has entered the bearish zone and weekly RSI is declining in the neutral region. In line with RSI, moving average convergence and divergence (MACD) indicator too entered the negative territory.

We are bearish on the stock from a short-term perspective. We expect it’s decline to prolong until it hits our price target of Rs 140. Traders with a short-term perspective can sell the stock while maintaining a stop-loss at Rs 165.

VISHNU CHEMICALS (BUY) BELOW 40 (Target1)41.2 (Sl)37

JOIN SOKHIPAID for all Inside News & Nifty Options. Rush ur mails to sokhitrading@gmail.com

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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.