Short Term Buy Calls – Exide Industries
We recommend a buy in the stock of Exide Industries from a short-term horizon. It is evident from the charts of the stock that after encountering significant resistance at around Rs 175 in July this year, the stock reversed its direction downwards. Since then, the stock has been on an intermediate-term downtrend. The stock’s short-term [...]
Short Term Buy Calls – Dabur India
We recommend a buy in the stock of Dabur India from a short-term perspective. It is apparent from the charts of the stock that following a medium-term downtrend from its life-time high of Rs 122, touched in June, it found base at its key long-term support level around Rs 94 in mid-November this year. Forming [...]
Medium Term Buy Calls – Sun TV Network
Investors with medium-term perspective can consider buying the stock of Sun TV Network (Rs 291.7), among the largest media conglomerates that offers television channels. After registering a 52-week low at Rs 214 this October, the stock bottomed out, triggered by positive divergence in weekly relative strength index and daily moving average convergence divergence indicator. Since [...]
Short Term Buy Call – Patel Engineering
We recommend a buy in the stock of Patel Engineering from a short-term perspective. It is evident from the charts of the stock that it has been on a long-term downtrend from its September 2009 peak of Rs 526. Medium-term trend is also down for the stock. However, its short-term trend is reversing up. After [...]
Dalal Street Hot Chips – Mindtree
MINDTREE BSE Code: 532819 Volume: 198436 CMP: Rs 418 In a scenario of rising interest rates, it has always been advisable to stick to counters that are debt-free. Among these, the IT sector remains the front runner. MindTree is one such company that has witnessed better performance on the financial front for Q1 FY12. The [...]
Dalal Street Hot Chips – D B CORP
D B CORP BSE Code: 533151 Volume: 3739 CMP: Rs 240 A 20 per cent YoY growth in advertisement revenues for D B Corp in the recently concluded quarters, driven mainly by increased advertisement volumes, is likely to send positive vibes to investors’ minds. The increase in volumes quantifies renewed investor interest in the company. [...]
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 [...]
