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Get dynamic researches, reports, tips, calls (including Intraday, F & O, Weekly, BTST etc) from India's Pioneer Market Research Group. For more information, kindly contact on 09974747485. or you can also log on to www.GurukrupaCapital.com
Weekly Trend Report:
Posted 12th August 2008 at 07:46 PM by malavbhatt
Analyst:
Rupesh Patel
E-mail: rupesh.patel@gurukrupacapital.com
Web: www.GurukrupaCapital.com
Sub: Weekly Report
Buy scrips which are about to show strength or can buy certain scrips at correction level
In last week some of the strong scrips have achieved target and suppose to check correction levels. After checking correction levels it may resume its up trend for further few points.
Nifty (4530): Correction level of 4334 from last bottom 4159 to last top 4616 can be checked. After losing strength below 4334 it may go down up to 4159, chances for the same are very less.
Aban (2493): Can buy with stop loss of 2405. It is consolidated within triangle and after breaking out from triangle means closing above 2600 can achieve target of 2925 speedily.
Ansal Infra (101): After running sideways for few day it has already broke out up side. Can buy with stop loss of 91. Can achieve target of 118.
IDFC (102.40): Required correction level is 97. One can buy with stop loss of 97 and then 88 for target of 121.
Sterlite Ind (640.75): At close level it has broke trend line upside and previous bottom is also checked. One can buy with stop loss of 609 and then 588. First target is 696 and then it can go up to 723.
Tata Power (1060): Required correction seems over. Can buy with stop loss of 1030 and then 1001 to achieve target of 1175 and then 1230.
Tisco (652.45): After checking required correction level it has changed it direction up side. One can buy with initial stop loss of 635. First target is 700 and then next is 758.
Tata Tea (721.95): It is near previous multiple bottoms. One can buy with stop loss of 701 to achieve target of 800.
Rupesh Patel
E-mail: rupesh.patel@gurukrupacapital.com
Web: www.GurukrupaCapital.com
Sub: Weekly Report
Buy scrips which are about to show strength or can buy certain scrips at correction level
In last week some of the strong scrips have achieved target and suppose to check correction levels. After checking correction levels it may resume its up trend for further few points.
Nifty (4530): Correction level of 4334 from last bottom 4159 to last top 4616 can be checked. After losing strength below 4334 it may go down up to 4159, chances for the same are very less.
Aban (2493): Can buy with stop loss of 2405. It is consolidated within triangle and after breaking out from triangle means closing above 2600 can achieve target of 2925 speedily.
Ansal Infra (101): After running sideways for few day it has already broke out up side. Can buy with stop loss of 91. Can achieve target of 118.
IDFC (102.40): Required correction level is 97. One can buy with stop loss of 97 and then 88 for target of 121.
Sterlite Ind (640.75): At close level it has broke trend line upside and previous bottom is also checked. One can buy with stop loss of 609 and then 588. First target is 696 and then it can go up to 723.
Tata Power (1060): Required correction seems over. Can buy with stop loss of 1030 and then 1001 to achieve target of 1175 and then 1230.
Tisco (652.45): After checking required correction level it has changed it direction up side. One can buy with initial stop loss of 635. First target is 700 and then next is 758.
Tata Tea (721.95): It is near previous multiple bottoms. One can buy with stop loss of 701 to achieve target of 800.
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