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Stock & Levels to watch today
Monday, July 16, 2007
NIFTY/ SENSEX ! Nifty - Another Bullish Breakout for Target of 4580-4600 - Overbought in Extreme Short Term
IT Stocks Ready for Technical Recovery/ Banks to follow for another round of Upmove
STEEL AUTHORITY ! Highly bullish break out in daily charts -All set to cross 172 in near terrm
BRILA NUVO ! Bullish breakout witth volumes in daily charts- Use pu.ll back to buy for short term tartget of 1800 in coming weeks
W W I L ! Technical revovery form oversold zones as anticipated- Charts favor further rise to 71-72
SESA GOA! Short term indicatior are in favour of rise to 2050-Use correvtive declines to buy with stop lossl
INDUS IND BANK ! Short term charts are in favor of rise to 62-63 in near term - Use every decline to buy with stop loss
HINDALCO! On verge of bullish breakout in short term charts -Likely to cross 191-193 in coming days
INDIA INFO LINE! Rounding pattern in making - Another close above 800 will target 900+ in few days
ZEE TELE.! Buliish break out in daily charts -ALl ilndicators are in faovr of rise to 410 + in comoing weeks
STERLLING BIOTECH .! Bulllish indication in short term charts -likely to cross 195+ in next few days
POWER FINANCE ! Heading ofr 190+ in comming sessions -Use corrective decline to 170 for buying with stop loss
PETRO NET ! Short tern chart are in favor to rise 65 -Buy on monor decline till 60 with SL
STERLITE INDS! Breakout form bullish pattern - Use correcitev declines towards 650 for buying for tatrget of 710
TATA MOTORS ! On verge of bullish breakout in daily chart- 2 close above 765 will tartet 850+ in next few days
ALLAHBAD BANK ! On verge of breakout form "Symetrical Triangle" pattern -Conformation with volume will target 105+
SATYAM COMPUTER ! Mildly bullish in hourly charts -Likely to cross 502 -503 in 1-2 days
TATA STEEL ! Heading for 750 in coming days -Over bought in hourly charts for corrective decline to 670
VOLTAS LTD ! On verge of higly bullish breakout- 2 close above 130 will target 175+ in coming sessions
NITIN FIRE ! All indicators in favor of rise to 500+ in comiing days -Buy on every decline with stop loss
BANK OF INDIA! Heading for 300+ use every decline to buy with stop loss
RELIANCE ENERGY ! Highly bullish in weekly charts -Buy on declines for medium term target of 800+
MAH & MAH ! Mildy bearish in hourly charts-Corrective decline 797-800 on charts
ANSAL INFRA ! Strong Support around 285- Likely to decline to 260 on break of support




