ABG SHIPYARD 26.12.10

BUY ABG SHIPYARD  :

APOLLO HOSPITAL

Apollo Hospital : Buy

Details will be given Shortly

Update On Recommedation

My update : First of all  happy Diwali and prosperous new year to everyone . My absence for last 1 month was because  i was  visiting kerala(God's Own Country ) with my family and friends

I am updating my recent calls and will be posting fresh calls very soon

GATI LTD :  Gati made a high of  78 after my Post but along with the market it  has corrected and is currently trading at 68.85

Next support are at 67.35 and 64.30(IMP)

Conclusion : The stock did not perform according  my expectation and from here it is likely to consolidate around this levels


COLGATE :  Colgate made high of 1004 on 9th nov with huge volumes , At the time of recommendation it was quoting at 845

Currently it is trading at 883 which above the recommended price of 845


Conclusion : The stock has performed very well giving returns of 19 %  at 1004 in about 20 days
Hope people made money on this call

GATIL LTD (B) 17.10.10

GATIL LTD DAILY CHART :


MOVING AVERAGES: GATI HAS SUPPORT  OF 100 EMA AND 100 SMA AT 72 WHICH  WILL CUSHION THE FALL IN CASE OF BREAKDOWN FROM THE TRENDLINE


A BREAK ABOVE THE UPPER TRENDLINE i.e ABOVE 77  WITH GOOD VOLUMES CAN TAKE THE STOCK TO 80.60 , 83.30 AND 85

GATI LTD ( A) 17.10.10

GATI LTD DAILY CHART :

CONSOLIDATION: GATI HAS BEEN CONSOLIDATING FOR LAST 2 MONTHS IN RANGE WHICH IS GETTING NARROWER BY THE DAY 


VOLUMES : VOLUMES HAVE DRIED UP IN THIS MONTH UP-TILL NOW

COLAGTE (B) 17.10.10

COLGATE DAILY CHART

MOVING AVERAGES : COLGATE HAS TAKEN SUPPORT AT 100(SMA) WHICH IS ALSO THE TRENDLINE SUPPORT AT 840 .
100 (EMA) SUPPORT IS AT  827

SUPPORT & RESISTANCE :

COLGATE HAS SUPPORT AT 840 , 835 , 825 
COLGATE HAS RESISTANCE AT  870 , 881, 892

Colgate (A) 17.10.10

COLGATE DAILY CHART 

TRENDLINE SUPPORT : COLGATE HAS BEEN UNDER PERFORMING IN THIS RECENT RALLY AND THUS HAS TAKEN SUPPORT AT TRENDLINE AT AROUND Rs 840 AS SHOWN ABOVE 


VOLUMES: VOLUMES HAVE INCREASED SINCE THE START OF THIS MONTH COMPARED TO PREVIOUS MONTH