Friday, June 18, 2010

Initiating Some Long Calls

Hi,
Initiating some long stock picks which can gain momentum in the coming week.

Bata India: Though the scrip is quite slow in consolidating but every time it breaks its trading range with good volumes and momentum. Target Price of the scrip is 300-320 and if gains momentum, target can be achieved in this expiry.



Praj Industry: Praj Industry is gone through its consolidation through symmetrical triangle and set to break out from the range. Target Price of this break out above 82 is 88-90 Rs and can be acheived within 7-10 days.




Hope you liked it!!!

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