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February 19, 2014

BOB, Yes Bank


Both the banks are showing similar chart patterns. An a-b-c correction seems to have ended in daily  charts. Macd has also started to look up. 3-6 months target should be a decent 30-50% return.
Many other banks including SBI may be showing similar patterns.

Tata Steel, Crompton, Voltas having similar patterns are moving up well.

February 18, 2014

Hindalco

Hindalco can be a good bet from here on upside. SL 97.5.
12.35: Exit Hindalco. Not showing enough strength.

February 17, 2014

Crompton

Crompton 3(ii) looks complete. Buy for the larger upmove now.

February 15, 2014

Tata Steel


































Tata Steel: Correction seems to have ended at 360 (target price given earlier). Wave 5(3) up has started.
 SL 360. Target 400+.