Clutch is near its 200 DMA and can give a bounce as stock is oversold Indicators Oversold.Ripe Conditions for a Relief Rally
Stock has already moved as i am posting this due to some problem was not able to post the same,But I want all readers to understand such scenarios where stock is near its 200 DMA and bounce back 10% on a trought.
As per current move Buy it only above 72 for a tgt of 74.
Oriental Bank Of Commerce
OBC is taking support at its channel and trendline at lower side as shown in charts.Volumes are average .Stock has cooled a bit after staging a rally and consolidating before next upmove.
Buy above 434 tgt 438 and 440
MSP Steel and Power I recommended this Stock at 48 levels and stock gave a move till 56.Which is giving almost 15% kind od returns.
Now again if the Stock moves and closes above 54 than we are in for some quick move till rs60 in a span of 1-2 weeks.
Buy above 54 tgt 57 and 60