Sunday, September 21, 2008

EASUN REYROLLE LTD




Suggestion : To buy at around 97

Logic : Clear sign of Price and RSI divergence as shown in charts with strong volume
Support. There is also divergence with MFI which means that money has started
flowing into this stock off late.
Stop Loss : Market conditions are not great and thats why very strong stop loss of 90 is
is suggested.
Target : 143

Questions always welcomed !

Thanks

Monday, September 01, 2008

Taj GVK hotels buy


Scrip = Taj GVK Hotels

Buy = 89

Stop = 81

Tgt = 112

Logic = Stock in downtrends however RSI and MACD +VE divergence is observed. Also, it is lying on strong trendline which seems unlikely to break. IF it does, please exist otherwise it is up from here.