My picks with rationale

Yes good question. Bcos there is no buying frenzy in this stock. If u wud have seen the stock has had a very gradual rise. This is bcos for the buying frenzy to happen the stock has to cross certain levels where the crowd strts buying it out of greed. That is y I had advised to book certain amount of profits at 115-120 so that our margin of safety is increased. Today it has formed a bearish engulfing pattern. There might be few more days of consolidation. But on weekly charts it is still looking gud. Then it might start the upward journey. Increase the stoploss to 97 in any case.

I have answered your queries on my blog.

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For my latest recommendation on Amar remedies, Shivam Auto, RCF, Coromandal and Deepak Fertiliser visit my blog
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gdl UP 12%

For my recommendations on Dollex India and Dena Bank visit my blog.
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I have updated my blog with the recommnendation of Havells Indian and the target of Nifty @6500-7000. You can go through it.
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The stock of Jindal drilling has formed a Pennant formation. Knowing the history of this share it might jump today itself by 8-10%. Buy with a SL of 585. Cmp-630. Target760/850.

Already 650

and down to 626

ya It happens that is how markets are. But still the chart looks very impressive.