Aarvee Denims & Exports (AARVEEDEN) stock is in a downtrend from the its peak level of 94 to its lower level 49. When we look at the chart we see that the stock has taken the support at 50% Fibonacci retracement level i.e at 49 level so from current levels we see limited downside, while upside projection target can be 69 and then 85 levels. Placing stops few points below the recent low at 46. ... [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]
Reliance Capital is Trading at Attractive Valuation: Strong Buy RELCAPITAL Short Term Target 465
Reliance Capital is another flagship company of ADAG group, the company is involved in insurance and broking businesses mainly. The history of this company tell us it was listed on NSE on 29 November 1995, after the listing the company has become one the favorite stocks of the FII as they had bought huge stake in the company at the time of bull run that began on 2005 in the stock taking the stock ... [Continue Reading]
Short Term Trading Stock: BUY Reliance Industries Today for Target as 878 Level
India's largest private sector company Reliance Industries Ltd., started by Dhirubhai Ambani. This company since its listing has gone through many bonus shares, regular dividends, De-mergers, acquisitions, stock splits we are sure that this company has made many people richer in last 2 decades. Also its constant strong growth has surprised many analysts across the globe. The Reliance stock is most ... [Continue Reading]
DLF Short Selling Opportunity in Short Term, Target 175 Level
Dlf has been pointed-out by a Canadian based research firm Veritas Investment Research, this firm reveals the poor companies which are doing bad in term of financial. DLF stock was trading around 209 when company published its report about DLF and just after the reports were public stock tanked about 7% in no time. Also this firm has valued DLF at Rs.100 per share 50% lower than its current ... [Continue Reading]