Recommendation
Fedders Lloyd Corporation – Short Term Buy Call
We recommend a buy in the stock of Fedders Lloyd Corporation from a short-term perspective. It is apparent from the charts of the stock that it has been on an intermediate-term downtrend since it encountered resistance at around Rs 114 in October 2010. However, the stock found support around Rs 70 which is a significant [...]
Short Term Buy Call – Fedders Lloyd Corporation
We recommend a buy in the stock of Fedders Lloyd Corporation from a short-term perspective. It is apparent from the charts of the stock that it has been on an intermediate-term downtrend since it encountered resistance at around Rs 114 in October 2010. However, the stock found support around Rs 70 which is a significant [...]
ABG Shipyard – Medium Term Buy Recommendation
Investors with medium-term perspective can consider buying the stock of ABG Shipyard (Rs 388.4), a private sector ship building company. The stock has been trending higher forming higher peaks and higher troughs since bottoming out in February 2009 at Rs 62. However, the stock encountered resistance at around Rs 490 in November 2010 and was [...]
Nitin Fire Protection Industries – Short Term Buy Recommendation
We recommend a buy in the stock of Nitin Fire Protection Industries from a short-term perspective. It is evident from the charts of the stock that since its March 2009 low of Rs 23, the stock has been on a structural bull-run forming higher peaks and higher troughs. In February, the stock took support from [...]
Aurobindo Pharma – Short Term Buy Recommendation
We recommend a buy in the stock of Aurobindo Pharma from a short-term perspective. It is evident from the charts of the stock that in late February this year, the stock found support at its long-term base zone between Rs 160 and 165. The stock’s medium-term downtrend from January peak of Rs 275 appears to [...]
Lumax Auto Technologies – Short Term Buy Recommendation
We recommend a buy in the stock of Lumax Auto Technologies from a short-term horizon. It is seen from the charts of the stock that after finding support at around Rs 130 in this February and March, the stock reversed direction. Since then, it has been on a medium-term uptrend. However, it encountered a significant [...]
Uflex – Short Term Buy Recommendation
We recommend a buy in the stock of Uflex from a short-term perspective. It is evident from the charts of the stock that after bottoming out in March, taking long-term support in the range between Rs 125 and Rs 130, the stock began to move upwards. This trend reversal was also triggered by a positive [...]
