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Sunday, August 30, 2009

AMTEK INDIA starts new uptrend

So many stocks in uptrend! When it just appears that market has done rallying and time to sell has arrived but there is absolutely no technical deterioration of market. Everything, almost everything is getting in better place to run higher.

A correction would be just great to load up your portfolio with good stocks. Its emotionally very hard to get in now but if you have your stops in place then its a good market. For me, personally a huge sell off would be a welcome situation. Sell off appears to be a distant possibility.

Look at AMTEK India Stock chart below starting its new uptrend. Do not want to get you excited but it would easily double if market keeps in range. 20% gains should easily be possible.


There are many others like 3I Infotech, Purvankura, Marg Construction, Kewal Kiran, Alphageo and EMCO Transformers in uptrend. I will post the charts during the week.
NIFTY market is in pure strength, a sell off does not look likely but if it happens it would only be the blessing for all of us

Thanks
Anil

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