Friday, October 8, 2010

NEYVELI LIGNITE breakout!

NEYVELILIG Cmp Rs.172 is a break-out above Rs.177 where 6-10% returns is possible if it sustains only. Stock makes high in 140weeks moving above Rs.178 so wait for confirmation, Break-Out stocks are fast to rally as Short covering being in derivative would be fast. So have suitable stop loss also.

TATAELXSI given few days before is near target but still looks strong for big move http://akprabhakar.blogspot.com/2010/10/tataelxi-breakout.html