Thursday, March 24, 2011

Research Report:



1. REC: Is Trading In a Breakout Pattern, If It Sustains Above 244 Level In Nse Then It May Head To 260 Mark In Coming Days, The Support Stands @218-227, We Are Expecting Huge Buying May Come From Mutual Funds & Fii.............

2. MCLEODRUSS: Is Unable To Cross Its Resistance Of 265 & We Can See Huge Pressure Is Building Below 262 Level & Soon It May Drag To New Support Level Of 245 In Coming Days.

3. BEL: This Stock Was Trading @ Its Best This Morning, From 1669 Low To 1727 High, That Is 58 Eps........ But The Resistance Stands @ 1735 & As You Can See It Gave Down Side Rally From 1727 To 1700 Mark, The Main Support Stands @1650 If It Breaks This Level Then 1585 Is What We Are Expecting, For The Long Run, 1735 Mark Has To Be Cross Once Its Done Then It May Head To 1825 Mark.

4. HINDALCO: Gave A good Bounce Back From Near The Support level OF 190, It Made a low Of 193 From Its 9th March High Of 215, Today This Stock Is Trading Above 200 Level, That Is A Good Sign For Near Term Up move.