Monday, October 13, 2008

Today we open gap up 70-100 points

Bottom, is Yet to Come

PUNJ LLOYD

If You're Holding It's Delivery It's Time to Exit

TARGET Looks 150

MPHAIS LTD.

Sell, It's Delivery Too !!!

TARGET Looks 90

SESA GOA

Sell, It's Delivery Too !!!

Target Looks 50

LARSEN & TOUBRO

Looks Weak Only

Target Looks 700

Lots of Other's News + Commentary

for Our Subscriber's Only

We recommend a sell in ACC from a short-term trading perspective. It is clearly evident from the charts of ACC that it was on a medium-term uptrend from its July low of Rs 462 (a 52-week low) to early September high of Rs 659. However, subsequently the stock began to lose its bullish momentum and formed lower peak. In early October, the stock commenced to decline and it breached the 21- and 50-day moving averages.