BSE / NSE Daily Intraday Calls And Stock Tips: Bonus Issues, Stock Splits, Rights Issues, IPO Updates: Technical Analysis: State Bank of India

Tuesday, October 5, 2010

Bonus Issues, Stock Splits, Rights Issues, IPO Updates: Technical Analysis: State Bank of India

Technical Analysis: State Bank of India
Technical Analysis: Reliance Industries
Buy Recommendation: Mahindra Forgings

Posted: 05 Oct 2010 01:59 AM PDT

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL The stock jumped 3.7 per cent during the previous week, recorded a new high at Rs 3,272 and is currently hovering around this level. We observe that the daily and weekly relative strength indices are featuring in the overbought territory signalling cautiousness. Reversal from Rs 3,272 or [...]

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Technical Analysis: Reliance Industries

Posted: 05 Oct 2010 01:58 AM PDT

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL Reliance Industries moved sideways last week between Rs 980 and Rs 1,020 closing with a marginal gain of Rs 4.7. Taking support around Rs 985, the stock rose 2 per cent on Friday. Traders with a short-term perspective can consider holding their long positions with stop-loss at [...]

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Buy Recommendation: Mahindra Forgings

Posted: 04 Oct 2010 11:34 PM PDT

The password to see buy calls is: LIFEISCOLOURFUL The password to see buy calls is: LIFEISCOLOURFUL We recommend a buy in the stock of Mahindra Forgings from a short-term perspective. It is apparent from the charts of the stock that from its March low of Rs 35.3, the stock has been on an intermediate term uptrend. However, following a medium-term downtrend from March [...]

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