SBIN flag formation on charts.Target 2700-2800 in medium to long term

SBIN - Flag formation is on cards.It could not break the upper band of trend line on Friday. It seems if close above 2270 on closing basis, it can go up to 2700-2800 rupees.

One observation, many nifty stocks are making this pattern including nifty. It seems long term nifty target of 6000+ seems to be in making. Time will tell us the story.

Stocks ready to shoot up... 13April2012

TTK Health (398), Cox & Kings (143), HCL Tech (494), Lovable(369), DeltaCorp(67) & Anantraj (59)

Note: Above observations made are just for study purpose. Please carry out your own study before investing

Stocks looking weak for next few days - 13April2012

Wheels (658), Bata(813).. It can be shorted at high for 4 to 6% down fall

Note: Above observations made are just for study purpose.

Views on Maruti (11 April 2012)

Maruti (CMP 1275) also looks weak on charts. It can go down to 1255-1240.

Weekly Views on TTK Prestige

TTK Prestige above 3230 on closing basis looks explosive on charts.. It can go up to 3400+.

Note: Only for study purpose

Technical Chart for Delta Corp

Delta Corp: Stock is on verge of breakout. One can buy on closing above 73 for a short term target of 80-82 rupees. Medium term target 87-90 where it will face minor resistance. Once crossed can go up to 110 rupees