Hope all enjoyed weekly calls posted last week.
JSWSTEEL: Stock has given a ascending triangle breakout with good increase in volumes and have also closed above 200 DMA. It can easily move up by 40-60 rs in next one week
Ambuja Cement: Stock has given a breakout on the down side. It would try to take support near 200 day moving average. One can short at current or higher levels and book partial/full profits when stock comes near 200 day moving average
HINDPETRO: Stock looks weak on charts
JSWSTEEL: Stock has given a ascending triangle breakout with good increase in volumes and have also closed above 200 DMA. It can easily move up by 40-60 rs in next one week
Ambuja Cement: Stock has given a breakout on the down side. It would try to take support near 200 day moving average. One can short at current or higher levels and book partial/full profits when stock comes near 200 day moving average
HINDPETRO: Stock looks weak on charts
