Stocks Specific Calls for week starting 03-Aug

By | August 2, 2009

Hindalco Industries After a good upmove on friday which was accompanied by Vols PAR is still giving Buy signals.

As per trend Lines 104-106 is a zone of uncertainty once that is crossed with vols accept a very good upmove in with a tgt of 108 112 115 sl of 98 should be maintained on all longs.

Should be kept on Radar a Good Buy at dips

Ashok Leyland has formed a rounded bottom and has formed multiple tops around 38 Levels

Move on Friday was accompanied by good vols

Now if the stock crosses 38 Level with vols go long with a tgt of 42 and 44

Polaris Multiple tops breakout 20 WMA crossing 50 WMA tgt 150 sl 115
ONGC Pennant Breakout on Weekly charts 20 WMA crossing 50 WMA tgt 1325 sl 1100
SBI buy in range 1790-1825 sl 1760 tgt 1920 1960

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