Thursday, June 3, 2010

Stock Picks: June 03

Hi,
Picking up some stocks which are witnessing some good buying interest....

Stock#1: IDEA CELLULAR: Stock has shown long rollovers @ 49 levels, so a decent stop loss should be 49 on closing basis. Yesterday stock has added up 10 lacs shares grossly coupled with good buying in spot. Also my modified atr indicator also pointing out buy call(where green line is a long term buy call) on the stock.



Stock #2 Hindalco: Though any significant action is due on this stock and its still trading below its long rollover price of around 148, spot is 143 right now and on charts its giving some accumulation readings, so seems like a value buy with SL 140.


Earlier Pick of BGR Energy is doing great and Torrent Power can spike up any day.

Hope you liked it!!

No comments:

Site Meter