Trading Calls:Unitech,ICICI Bank and Raymonds

By | February 3, 2011

UNITECH

Value Buy for investor at such price from a perspective of 3-5 years.For traders its a liquid stock with good moves on upside and downside both.

For short term looking at technical indicators i have views on stock moving upside

Buy above 47.47 Tgt 48.52,50.5 and 52.4 Sl 46

ICICI BANK

ICICI bank today moved out of its formation of lower high and lower low in short term

Stock has formed base in range of 990-995 and started moving up. RSI ais showing good positive divergence with volumes and price conformation.

Buy above 1037 Tgt 1042,1057 and 1075 Sl 1030

RAYMOND

Raymond is forming a classical pattern of lower highs and lower lows pattern

Now after forming a new low stock is ready to blast on upside to form lower high in range of 325-333

RSI showing positive divergence

Buy above 307 TGt 314 and 325 Sl298

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