HDFC Bank is second largest private sector bank in India, with the strong growth this bank has grown to huge banker in the last 15 years. This is also one of the most bullish stock in dalal street, just looking at chart one can conclude how much bullish it is, from Rs.50 in 1996 to Rs.2540 in 2010, along with lots of bonus shares and stock split, this is very valuable company to invest in. Having ... [Continue Reading]
Cairn India May Weaken in Short Term, Due to Drop in Oil Prices, Strategy Short Sell on Bounce
Cairn India Ltd. is in the oil exploration sector, this is one the high growth sector. But in case of CAIRN we feel that there is much more correction left from the current levels. The technical analysis suggests that some correction is likely to enter into this stock. So our advice is to enter short positions below 330 and we are now looking for short opportunities at every up move our profit ... [Continue Reading]
Is ABAN Ready for its next Bull Run? Buy now For Long term Target as 890, Bearish for Short term
Aban Offshore is one of the oldest drilling companies of India. This company drill wells for the oil companies. The stock has outperformed significantly well over the past 10 years from the Rs.4 per share in 1999 to Rs.5400 per share in early 2008, since then the stock was on down trend making a low of Rs.221 in march 2009. We are very sure that in the near term the liquidity will be come back ... [Continue Reading]
Stocks that have Out performed Market: Buy Aditya Birla Nuvo for Trading Target of 1425
Aditya Birla Nuvo is one of the major company of Aditya Birla Group, listed on 13 September 1995 on NSE. this company has given serious returns to the investors in long term. When we talk about technical analysis we see that the stock has given a positive breakout above the 900 levels, when we look at the charts we see that the stock has been making the series of higher high and higher lows ... [Continue Reading]
ACC Stock Still looks bullish at CMP, Traders can Buy Above 1050 for short term target of 1290
ACC being one of the leading cement manufacturers in India, was listed on NSE on 20 November 1996. ACC stock on NSE is in range of 1130 - 910, so we have to wait for the breakout in either direction then place the trades based on the outcomes. How ever the technical indicators suggests the stock is bearish for short term outlook. The near term volatility me rise due to uncertainty in the broader ... [Continue Reading]
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