11/10/2013.

List of some overbought stocks.

Name                     RSI

                 

ADANIPORTS               65

ARVIND                   76

BANKINDIA                63

CENTURYTEX               66

GLENMARK                 70

L&TFH                    75

LUPIN                    72

SUNPHARMA                75

TATACOMM                 77

TATAMOTORS               71

TECHM                    77

ULTRACEMCO               70

Mahesh Sawerdekar.

10/10/2013

JETAIRWAYS : Closed at 346.20 [-3.1%]  

Expected R -  350.50, 352.00, 355.50/357, 361.80, 374.40 and in case of unexpected up move then likely to face strong R 387.50, 400.05.

Expected S – 344.25, 339.30.

JETAIRWAYS : Made intraday high at 355.00 & closed at 347.10.

08/10/2013 at 8/04AM

JUBLFOOD:  Closed at 1208.25 with a gain of 1.7%

PP: 1201.15. SMA [3, 5, 9] 1188.00, 1176.00, 1171.00.

Expected R – 1215.90, 1221.30, 1227.60. 1236.60, 1275.30, 1289.70.

This call is for study purpose, but one may trade in it in small qty on own risk. Best is double the qty at every R.

JUBLFOOD made intraday high at 1224.00 & closed at 1186.25 [-1.8%]