Sunday, July 25, 2010

SPARC - A buy Candidate

(Click on Image to view full view)

Yesterday July 24th SPARC ( Sun Pharma Adv) has decalred its results and results are fantastic. Lets have a look at the daily charts of SPARC and see how it will unflod in future.

Fibononnaci Trendlines suggest that Upside is there and Near future target is around 116-120. But if it is able to cross that one and sustains above that 170 is also possible. It is good Pharma stock to have in your portfolio.

Happy Investing

Bhupesh

Thursday, July 8, 2010

Gati - A buying oppoturnity


Look at the weekly charts of Gati and Trendlines;

Gati has a got a very strong resistance around 70 levels which once it crosses can give good upside return of 20%..

Trendlines are forming some kind of triangle formation which is also about to breakout in upward direction with positiver MACD.

Watch out this space for more..

Bhupesh