Friday, August 04, 2006

STOCK TECH views




**IVRCL has given a gap up breakout so one can buy the
stock with rs.197 as stop loss and target of rs.230-235 possible by month
end. CUMMINS has formed a likely double top at 202.40 so above
rs.203.50only it will be bullish. BILT is moving in a channel and can
target
rs.122 soon. ORCHIDCHEM can give a major breakout and above rs.192 on
closing basis the worst for the stock would be over. BHARATFORGE faces
resistance around rs.315 range once that is broken can target rs.345 and
above.

1 comment:

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