Technical Calls : 30 DECEMBER 2011
ANJANEYA
BUY ABOVE 503
First Target 504
Second Target 505
Stop Loss 501
SESA GOA
SELL BELOW 159
First Target 158
Second Target 157
Stop Loss 161 HUL
Buy above 413.15
HUL is in a steady up move and it’s not that alone. HUL was in a trading range for 15 years, it has broken out of that trading range and I suspect that it will go much higher than we can imagine, so HUL remains a buying opportunity if you to buy it.
Grasim
Buy Target of Rs 2600
It’s really less traded now, but for traders who pay attention Grasim is an outperformer and it’s a buy even as we speak today it’s a buying opportunity, we can see Rs 2600 in this stock.
Bombay Dyeing
Sell below 354
Bombay Dyeing has recently signaled trend reversal below Rs 363 which was its 200-DMA and with broader pattern indicating near breakdown from Falling Wedge, stock could be heading below Rs 340 in the near term.
