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Stocks to watch today

Wednesday, June 13, 2007

* STEEL AUTHORITY ! Short term Bullish Target of 135.50-136 Maintained - Use every Decline to Buy with SL

* GUJ AMBUJA CEMENT ! Extremely Oversold in Houlr Charts - Use Declines to Buy with SL for Target of 118+

* INDIA CEMENT ! Bullish Breakout in EST Charts / Use declines to Buy with SL for Target of 180+

* NITIN FIRE ! Short term Charts in favour of Technical Recovery to 435-440 / Buy on every Decline with SL

* UNITECH ! Highly Oversold in Hourly Charts - Buy on every decline with SL for Target of 510+

* PUNJ LLOYD ! Bearish Breakout in Short Term Charts - Use Pullback to 248-255 for Profit Booking

* RELIANCE IND. ! Bullishj Pattern in Making in Extreme Short Term - Buy on Declines with SL for Target of 1750+

* SATYAM ! Highly Oversold in Intraday Charts - Ripe for Technical Recovery to 488-490 in 1-2 Days

* SBI ! Highly Oversold with Positive Divergences in Hourly Charts - Buy for Recovery to 1368+

* R O L T A ! Short Term Bearish Targets Achieved - Buy on Declines with SL for Target of 421-425

* STERLITE OPT. ! Bullish Breakout in Hourly Charts - Heading for 255+/ Buy on Pullback wit SL

* RELIANCE CAPITAL ! All set to Cross 1000+ in 1-3 Days / Buy on every Decline with SL

* INDIABULLS ! Minor resistance @ 522-524 / Bullish Breakout with Volumes to target 545-550 in 1-3 Days

* BAJAJ HIND ! Likely to face resistance @ 170 / Buy on Crossover with SL for Target of 178-180

* BANK OF INDIA ! Highly Oversold in Extreme Short Term - Buy with SL for Target of 198-200

* MIC ELECTRONICS ! Mildly Bullish in EST Charts - Buy on Declines with SL for Short Term Target of 360+

* SHASUN CHEM ! Bullish Indications in Short Term / Buy on declines with SL for Target of 150+

* J P ASSO. ! Bullish Indications in Short Term / Another Close above 668 will Target 690-700

* UTI BANK ! Heading for 620+ / Use Every Decline to Buy only with SL

* ZEE ENT ! Hourly Charts mildly Bullish for Targets of 290-292 / Buy on every decline with SL

* STERLITE IND. ! Bullish Indications in Extreme Short Term - Likely to Cross 550+ in Few Hours

* DR REDDY ! Highly Oversold in extreme Short Term - Ripe for Technical Recovery to 645+

* B P C L ! Short Term Bullish Target of 360+ Maintained - Use Every Corrective Decline for Buying with SL

Positional Buying

13.06.07 JP ASSO Short Term On Declines+SL 690-695

13.06.07 Reliance Ind. Short Term On Declines+SL 1750+

13.06.07 UTI Bank Short Term On Declines+SL 620+

13.06.07 MIC Eect. Short Term On Declines+SL 360+

13.06.07 Sterlite Opt. Short Term On Declines+SL 255+

13.06.07 Shasun Chem Short Term On Declines+SL 150+

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Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.