Trading Calls:Fortis Health,Graphite India,HOEL,GAIL

By | September 19, 2010

GAIL Limited

Gail is forming an inverted Head and Shoulder pattern on Daily charts with neckline place at 493.If we are able to cross 493 on closing basis GAIL will add another 50-60 points.

RSI is below 70 indicating still can be bought

MACD is showing positive divergence

RSI is below 70 indicating still can be bought

MACD is showing positive divergence

For Intra Trade buy above 485.4 Tgt 490.4 and 493

For Positional Trade Buy above 493 Tgt 510 and 528


HOEL

Hindustan Oil Exploration is facing a tough resistance at its 100 DMA on its weekly charts and crossed 200 DMA on Friday session staging a 4% rally.

On Daily Charts stock is facing a difficult to cross rs 250 levels

MACD is showing positive divergence

Buy above rs 250 Tgt 252.257 and 265

Graphite India Limited

Graphite India gave a breakout on Friday session staging a 4% rally and crossing a difficult resistance of its 100 DMA @99 levels.

RSI is giving buy signal

Buy above 100.2 Tgt 102.4,104.4 and 107

Fortis Healthcare

Trendline breakout on daily charts

Buy Fortis above 167.2 Tgt 169,171 and 175

3 thoughts on “Trading Calls:Fortis Health,Graphite India,HOEL,GAIL

  1. jitin

    sir ,
    i want to upload an afl code on ami , plz tell the procedure .
    tx

  2. gauresh

    Scripts to watch today : Bhartiatl, Bhel, HCLTech, HeroHonda, ICICIBank, Hindalco, JPAsso, Rcom, Relcap, Reliance, RELInfra, Sail, TataMotors. Biocon, JindalSAW

    http://www.4shared.com/document/uFFCU41f/MySAR_A__Future_for_20th_Sept_.html

    Three Thumb Rules :

    (1) Always trade only at the levels given.
    (2) Keep booking profits without missing a winning opportunity.
    (3) And once in profit, trail stop loss to the entry level to protect the capital funds.

Leave a Reply