Breakout Stocks:BEML and Core Project

By | September 3, 2010

BEML

BEML has given a breakout yesterday at 1042 levels which is its 200 DMA also. MACD has also given a buy Signal.

We can see a blow off rally and can see a move of another 5-8% on the stock if volume supports

Buy above 1066 Tgt 1080,1100 and 1135

Core Projects

Core Projects is moving to its trend line resistance as shown in charts. MACD has given a buy signal.Stock needs to be seen how it behaves near its trend line resistance whether it breaks or hold to it.

Buy above 283 Tgt 287 293.6 and 304

Sell below 270 Tgt 270,266 and 259

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