QuickGains

GOOD MORNING.

DEAR FRIENDS,

REVIVAL

MID & SMALL CAPS ARE SEEING REVIVAL IN THEIR FORTUNES. THESE STOCKS WERE LANGUISHING WHILE FRONTLINE & FANCIED STOCKS WERE RUNNING UP CRAZILY. THOUGH, YOU CANNOT CALL IT A SECULAR RALLY AMONG MID & SMALL CAPS. BUT A SELECTIVE GROWTH IS BEING WITNESSED.

TODAY, SENSEX NEEDS TO STAY ABOVE 12355 TO MAINTAIN THE CURRENT BULLISH TEMPO. A CLEAR & STRONG MOVE WILL BE POSSIBLE IF ABLE TO CLOSE AND STAY ABOVE 12445 TAKING SENSEX TO FURTHER HIGHER LEVELS OF 12520 & 12690. IN NO CASE SHOULD THE INDEX BREAK 12275 DURING THE DAY.

ORCHID CHEMICALS IS LOOKING HOT AND READY TO EXPLODE IN NEXT FEW TRADING SESSIONS. INITIAL TARGETS ARE PLACED AT 228 & 240. MAINTAIN A STRICT STOPLOSS AT 204 ON CLOSING BASIS.

NDTV HAS GIVEN A STRONG BULLISH BREAKOUT. BUY AT DECLINES. STRONG FOLLOW UP MOVE EXPECTED ABOVE 236 TO TARGET 249 IN EXTREME SHORT TERM.

STRIDES ARCOLAB - STOCK IS CONSOLIDATING AT HIGHER LEVELS. A CLOSE ABOVE 342 WILL TRANSLATE INTO TARGET OF 370 & 395 IN EXTREME SHORT TO SHORT TERM. MINOR RESISTANCE AT 345 SHOULD NOT BE A BOTHER. SUPPORT EXISTS AT 320.

MANGALAM CEMENT - THIS BIRLA GROUP CEMENT STOCK IS ON THE VERGE OF A STRONG BULL MOVE. A PRICE ABOVE 215 WILL BE A STRONG IMPETUS TAKING IT INTO A NEW BULL ORBIT WITH A BRIEF STOPOVER AT 229 MARK. A NON-STOP MOVE UPTO 250 ON CARDS. BUY, BUY & BUY ONLY.

OTHER HOT STOCKS - SREI INFRA., TINPLATE, REI AGRO, KIRLOSKAR ELECTRIC & TANTIA CONSTRUCTIONS.

STOCKS ON VERGE OF BULLISH BREAKOUTS - SOUTH INDIAN BANK, TRIVENI ENGG., SINTEX, SRF LTD., GEODESIC, JAGRAN PRAKASHAN, & EMCO TRANSFORMERS.

HAVE A NICE DAY!!!

BEST REGARDS,
NS FIDAI
DISCLAIMER:
[The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. Author will not be held responsible for any losses, financial or otherwise, incurred.]