Technical calls Parekh Aluminium,JB Chemicals,Jai Balaji Industries

By | August 10, 2010

PARAL

Parekh Aluminium posted a good numbers and Buying Momentum is back in the Stock.Stock is poised to open around its 52 Week high.Technical Indicators Suggest follow up buying can come and some more steam is left in the Rally

Buy above 346 Tgt 359 and 380

J B Chemicals

JB Chemicals is stuck in a trading range between Rs 97 to 105 Any Break above this range can see stock showing some quick moves.Volumes are on Higher side making a case of break of the range.

Buy above 106 Tgt 108.5 and 112

Jai Balaji Industries

Stock broke out of range at rs 235 on stellar volumes,Broke may resitance.Now we can see a follow up action in buying looking at good results posted and stock moving after a long period of time.

Buy above 264 Tgt 272 and 286

BF Utility

Stock is foeming base in the range of  918-923 on lower side and 980 is resistance on upper side.Break on any side can see mometum coming back in the counter.

Lower levels can see 880 levels and on Break of 980 can make a stock to touc high of 1064.

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