nawazshaikh

nawazshaikh Updated 

Trading well above 20 & 50 DMA....200 DMA is only resistance. 20% upmove possible bouncing above 200 DMA First target 490 Second target 545

nawazshaikh Updated 

CMP 338 Short term target 380 Long term target 460

nawazshaikh Updated 

Closed 340.20 with strong volume Short term first target 370 - 375 Second target - 400+

nawazshaikh

Sun Pharma trading @ 485. Breakout above this level with decent volume can give a decent move for a short term target of 530 and possibility of 2nd target 600+

nawazshaikh

SONATSOFTW …. Posted solid set of numbers, revenue rises 76%. The stock is under 14 months long consolidation period and possibly this time a breakout above 360 can give 15 to 18% more upside.

nawazshaikh Updated 

KNR Construction has been gaining for the last 2 days and has risen almost 10% returns in the period with volume 25% above its 5 day average and also forming symmetrical triangle pattern . Look for possible breakout at 283-285.

nawazshaikh Updated 

Until another pattern emerges, i shall look for opportunity to trade in 40-50 pts range in this counter. I believe Kolte Patil shall continue trading in a sideways pattern. 215-205 a good entry leve with Sl 190 and a TGT 250-265.

nawazshaikh Updated 

Phillips Carbon trading at very attractive valuation and Chart pattern looks strong, positive breakout will give strong upmove and can touch 160 level in a quick time.

nawazshaikh Updated 

Quess Corp has given a breakout at 537 with delivery volume reisen by 120% against 5 day avg delivery volume. Gained 7% return for the last 3 days and alomost 17% return since Dec 9. I would look for the opportunity to enter at 540-545 level with Sl around 530 and a target 580-585. Possibly, the stock might restest back to breakout level which is again a good...

nawazshaikh

Carborundum Univer a quality midcap company trading at fair valuation with decent volume in 4 days peiod. Ascending triangle chart pattern seen in this counter is strong and breakout can give atleast 30-35 pts.