How it is possible?

Hello Every one,

Today I have seen in local news paper (Business Edition), One of the Stock analyst recommended a stock:

For example he recommended a stock i.e.: ABC company.

He disclosed the previous close i..e. 82/-.

He suggested buy this at 86, and put stop loss for 84.

I was surprised, as he mentioned, the stock hits nearly 86.

So my question, is how is it possible to him, or is it simply a guessing.

Can anyone tell me in details.

Thank you Inadvance.

Rocky

Spend time in learning how to read price levels on stock chart, how to use technical analysis.. and very soon u will be in the position to give such calls.

Happy Trading.

But did he tell the target price and time frame for which you should hold? Even if he doesn't tell, it should look bad.

Thanks for your reply,
Where can i find the technical analysis stuff?
I searched in this forum but i didn't find good one.