Tuesday, September 28, 2010

Stock Ideas - 28/09/2010 - Disclaimer Post Applies




·         Glenmark Pharma – Possible Cup and Handle breakout
o   Buy above 311 for a target of 330 / 350 in the short term.
o   SL at 300
o   12% return

·         Jindal Steel – Strong Convergence seen
o   Buy at 709 for a target of 750 in the short term
o   SL at 700
o   6% return

·         Shipping Corporation – Strong Convergence seen
o   Buy at 165 for a target of 170 / 175 in the short term
o   SL at 161
o   6% return

·         Welspun Gujarat – Breakout Seen
o   Buy at 270 for a target of 280 / 290 / 300 in the short term
o   SL at 265
o   11% return

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