Friday, December 11, 2009

Bajaj Hindustan - a Break out Candidate.

Keep a SL @ 200 & Buy it for some quick returns.
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Hindustan Oil expo & Torrent Pharma.

Hindoilexpo is on the verge of completing its correction.245-255 seem to be a good entry point to be confirmed by a break out of the channel for the 5th or "C" wave up.

Torrent pharma on strong upmove maintaining higher highs & higher lows with extending waves.It may correct upto 375 and resume uptrend.
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Tuesday, December 8, 2009

Maruti- corrections ahead.

Maruti shows minor negative divergences in the daily chart and likely to correct downwards.
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