Stock recommendations (equity)

Discussion in 'Position Trading' started by Yagnesh07, Jan 18, 2012.

  1. Yagnesh07

    Yagnesh07 Well-Known Member

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    1) Buy GSPL:

    GSPL has made a trend reversal pattern on daily charts
    Further up move expected.
    Buy- 82
    Target- 87.8
    SL- 77 on closing basis

    Happy trading!!:thumb:
     
  2. Yagnesh07

    Yagnesh07 Well-Known Member

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    Book profit in GSPL at 87.20 on 3rd Feb
    some up move expected for short term.
    CALL CLOSED
     
  3. Yagnesh07

    Yagnesh07 Well-Known Member

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    2) BUY : Lovable Lingerie Ltd.

    Buy above 407 levels
    Target- 478
    SL- 390.77
     
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  4. timepass

    timepass Moderator

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    Yagnesh, Lovable has already run up quite a bit and seems ready for a correction to me. Can you post your reasons/charts for this recommendation ??

    [​IMG]
     
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  5. Yagnesh07

    Yagnesh07 Well-Known Member

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    See Lovable Lingerie has made a price continuation pattern on daily chart.
    It is above 20 D-EMA, 50 D- EMA, 100 D-EMA & 200 D-EMA which confirms the stock is in uptrend for short term and price continuation pattern.
    Stock also gave a breakout on daily chart with increased volume on 1st Feb 2012.
    Some up move expected from here.
     
  6. Yagnesh07

    Yagnesh07 Well-Known Member

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    Lovable call is still open
     

  7. Yagnesh07

    Yagnesh07 Well-Known Member

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    3) Buy IDBI Bank above 104 levels
    Target- 129
    SL- 102 on closing basis only

    Happy Trading!!!
     
  8. Yagnesh07

    Yagnesh07 Well-Known Member

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    4) BUY Rallis India above 135 levels
    Target - 155
    SL- 132.34 on closing basis
     
  9. Yagnesh07

    Yagnesh07 Well-Known Member

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    Lovable trading at 471 on 10h Feb 2012 keep partial profit booking
     
  10. Yagnesh07

    Yagnesh07 Well-Known Member

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    @ Timepass:
    You can see the lovable has made a exact high of 479 on 10th Feb 2012 as per my suggested target.
    & today on 13th Feb 2012 it is 11% down.
     
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