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Stocks likely to break out soon !

Discuss Stocks likely to break out soon ! at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; HI all, Let's post the stocks that you are following which are likely to breakout ...


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  #1  
Old 24th March 2006, 03:00 PM
gaj gaj is offline
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Default Stocks likely to break out soon !

HI all,

Let's post the stocks that you are following which are likely to breakout soon or has given a breakout. So, that everyone of us gets benefited from the information.
Also, point out if you have any difference of opinion about any stock posted here. Also , put the stock names in bold so that they could be easily to spotted in the mail.


My picks,

Engineers India
Macleod Russel
Gujarat NRE
Ceat
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  #2  
Old 24th March 2006, 06:57 PM
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Default Re: Stocks likely to break out soon !

I want to know will PRICOL and SYNDICATE BANK ever breakout.
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Old 24th March 2006, 07:40 PM
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Default Re: Stocks likely to break out soon !

Quote:
Originally Posted by saamy
I want to know will PRICOL and SYNDICATE BANK ever breakout.
PRICOL is a long way away from a possible breakout to the upside. There is nothing to suggest that it is going to break its decline anytime soon.

SYNDICATE BANK on the other hand could see upside if it breaks above 96 with good volume, but if it breaks down below 87, run away from it.

--SwingTrader
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Old 24th March 2006, 07:53 PM
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Default Re: Stocks likely to break out soon !

Here are the stocks I am looking at (all symbol codes are NSE's):

STER - Solid breakout today on above average volume out of a well defined base.

ITC - Solid breakout on above average volume.

MATRIXLABS - Solid breakout on above average volume out of a good base.

TATAPOWER - Likely to breakout soon.

When I spot such stocks I usually initiate trades but since the market is a bit extended I am being cautious. At the moment, any position I take, I am doing it on reduced position size to stay safe.

--SwingTrader
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