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Wednesday, March 3, 2010

More Member Queries

Zenith Birla is ready for some good move. I will add it to the recommendation list. You must wait for it to close above 32. That will be the true breakout.


Tech Mahindra in very oversold condition. Some bounce with market is possible. Taking support at 150 day line.

Soma textiles is a flat stock. It does not have enough pressure to move on either side in near future.

I like Mundra port. It has moved above the resistance line and very good volume buying is taking place. I will add it to the recommendation. Some kind of pullback is likely.



Elecon appears to have come towards end of its downtrend.



Bank of Rajastan at critical point to move forward. Wait for few more days to see the trend.









Thanks
Anil
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