Friday, December 28, 2012

NHPC & GSPL: Long Term View

NHPC : Yearly Profile Chart


NHPC has been in a very good run-up after making triple bottom around 17.15-17.30 level and now trading above its yearly VAH around 25.16. A close above this level for the year could trigger more upside towards 29.70 and the virgin POC at 32.22 level for the the year 2013, a cool return of 25% on investment.

GSPL : Yearly Profile Chart

Another Long Term Perspective


GSPL need to close above 80.70 for long term bullishness to return to this chart. A close above 80.70 on a weekly basis will propel this stock towards long term resistance around 94.80 and above that its a free run towards the virgin POC of 102.

Sunday, December 2, 2012

RELINFRA - High Beta High Return Stock

RELINFRA

A stock which has a habit of giving good return in a very short span of time, just need to enter at the opportune moment to take advantage of the same.


Monthly Value Areas: VAH-489, POC-475, VAL-460

Based on the above chart pattern, any close above 490 could trigger an 80% towards 516 and 542 within a short span of 10-15 days. The Stop Loss for the same comes around 478 on hourly closing basis.
(Disclaimer: This stock is not for the weak hearted)

Wednesday, October 3, 2012

AdaniEnt : Breakout Stock


Monthly Value Areas : VAH-208.85, POC-198.80, VAL-168.50

AdaniEnt has moved above Monthly Value Area High with huge volume and closed above it. Now staying above 209, the first target comes to around 225 and then towards the HVN at 261.

The SL for this setup comes around 198 on closing basis.