Technical Calls:LT,IDFC and Adani Enterprises

By | August 14, 2012

“Whenever I buy or sell something, I always try to make sure I’m not going to lose any money first. If there is very good value, then I’m probably not going to lose much money even if I’m wrong.”

“One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do. Most people – not that I’m better than most people – always have to be playing; they always have to be doing something… I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up.”

Larsen and Tubro

LT is on verge of breakout above 1442. Breakout above symmetrical triangle.

Buy above 1442 Tgt 1454,1462 and 1480

Sell below 1430 Tgt 1421,1406 and 1392

 

IDFC

Trading in the range of 129.5-136.5.

Buy above 133.9 Tgt 134.5,135,135.9

Sell below 132.4 Tgt 131,130.3 and 129.5

 

Adani Enterprises

Stock showing signs of life.185.3 is an important resistance can reach to higher end of trading range

Buy above 185.3 Tgt 186.1,187.5 and 189.2

 

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