Technical view by Nooresh on Sensex/Stocks/Commodities |
| Momentum Breakouts – Clariant Chemicals and Zee Entertainment and Federal Bank on Radar Posted: 08 Oct 2014 11:54 PM PDT
-> Clariant Chemicals has confirmed a breakout today with volumes and sustaining above the 950 mark. -> Can be a medium term pick for upsides to 1300. -> Stoploss closer to 880-900.
Disclosure : Like the stock fundamentally too and recommended to Technical Traders Club
-> Zee has given a lot of whipsaws and reversed from the 300-310 mark almost 4-5 times in past few months. -> This breakout momentum if continues can take it to 350 in short term and 400 –450 + in medium to long term. -> Looks interesting wth a medium term perspective.
Disclosure : Recommended at 298-303 in Technical Traders Club
A stock which is on radar for a breakout confirmation is Federal Bank
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Please do read the disclaimer Momentum Breakouts – Clariant Chemicals and Zee Entertainment and Federal Bank on Radar is a post from: Technical view by Nooresh |
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