#INTRASOFT after giving 15-16% move after BO retraced back to the same BO zone on weekly looking for a reversal at CMP 163 for teh targets of 175/190/210+++ here is the new chart
#Alkylamine entered at 2360 PnF BO for targets of 2450/2550/2650+++ no recommendation , view is for medium to long term, LT targets are 2700/3000/3300+++
#MICELECTRONICS CMP 81 looking for breakout for targets of 100/115/130++ view is for 3-4 quarters conservatively .. below 70 structure will be violated.
#GRAPHITE CMP 546 formed double bottom after the good correction ready for bullish reversal for the targets of 580/620/680+++ SL below support of 500 , time frame 2-3 quarters.
#Chamanlalsetia CMP 230, looking good at support bullish reversal after forming morning star pattern at support , with minimal SL of 215 on daily closing targets could be 245/260/285++ RR 1:3
#DPwires CMP is an investment stock.Fundamentally sound company, continuing growth in steel wire sales volumes and recently Expanded steel wires' capacity by 4000 MT and Forayed and developed exports in Bangladesh, USA and Brazil, improved revenue from 300 cr to 1000 cr in 4 year
#AdaniPower CMP 633 down 30% from All time high. Now if hold 600 zone then can show bullish reversal or if not will go down 575 and take bullish reversal. At up side, it will pick up momentum above 660 for the targets of 700/750/800++
#BONDADAENGINEERING CMP 621, above 650 zone if sustained will look for bullish reversal, after successful breakout stock is retesting the BO zone targets could be 700/800/900++ time frame 2-3 quarters conservatively , below 580 structure will be violated
#ELECTCAST CMP 221 , above 226 closure will open door for 250/300/350++ fundamentally sound available at 15X PE and 53% cheaper valuation wrt to growth forecast and order book it has , backed by 21% by FII fund houses.
#LAXMIORGANICS CMP 320 if sustained this zone then medium to long term 400/480/600+++ visible ...100% potential upside time frame 5-6 quarters conservatively , study the chart ....do your techno funda and then take decision, i am already in from 275 zone ..no buy recommendation.
Investment View - #Eleconengineering - one of the largest Industrial gear manufacturers in Asia, holding a Market Share for Industrial gear in India at *~39%.* CMP 633 above 650 should give bullish reversal with follow up buying, medium term targets 675/720/800+++*