DOWNTREND CHANNEL TERMINATED IN NIFTY AND SOME STOCKS

OUR LAST CALL WE HAVE SHOWN THAT NIFTY IS IN DOWN TREND CHANNEL..ABOVE 5477..NOW LETS WATCH WHETHER NIFTY CAN SUSTAIN AT HIGHER LEVEL OR NOT..
FEW OF THE STOCK ALSO TERMINATED THEIR DOWN TREND CHANNEL..

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•BHUSANSTL :- BUY ABOVE 400 WITH STOP LOSS OF 393 FOR TARGET 408-413. 

 

 

•DENA BANK :- BUY ABOVE 99.5 WITH STOP LOSS OF 96 FOR TARGET 101.5, 105, 108. 

 

•PFC :- BUY ABOVE 256 WITH STOP LOSS OF 1-2 % FOR TARGET 268-270. 

 

REC ::  THIS STOCK WE HAVE RECOMMENDED ON  25-02-2011.. AT 214-218 NOW ITS  250..AND 

STILL... LOOKING IN UP TREND WITH TGT OF 272, 290..MODIFY SL WITH 232..