Thursday, May 10, 2012

Stocks view!!

JP associate
Stock didnt moved up today but change of moving up is yet seen on a chart
MACD and ROC are giving positive signal.
Stoploss can be around 60 or 59.50

JSW steel
Positive was seen today and stock made a high of 685(8 days MA).
Failing to sustain the price again fall in the range of yesterday trend.
Tomorrow as well positive movement can be seen.
breaking of 685 can be seen.

Reliance
It can be a good intraday pick tomorrow as stock was able to sustain above yesterday close.
SL of 685 and betting for the positive side can be a good trade.

Sterlite
Was expecting a downtrend to be continued a the stock closed negative today.
After making a low of 94 the stock closed at 95.
If volume is seen in early trade then price may move up to 95-96 tomorrow.

Hindalco
failed touch 122 and trend changed from there.
it closed at 117.40, change the intraday trend to negative.
side movement or negative movement can be seen in stock tomorrow.

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