22/10/2013.

BERGEPAINT has given a good closing yesterday. ASIANPAINT declared good result.

BERGEPAINT results on Nov 1

Yesterday it crossed resistance 224.00. Trading well above 227 will be good for it.

18/10/2013

GODREJCP

Expected resistance – 829.00, 836.55, 840.00, 851.00, 862.65.

May touch 813.15.

Earlier high is R & earlier low is S

 - http://www.google.com/finance/historical?q=NSE%3AGODREJCP&ei=A2NgUrjMGIqdkQWB7gE

Regards.

NB: Covering in profit is IMP than waiting for expected target.

16/10/2013.

Good Morning,

From forth coming trading day I will start accumulating TORNTPHARM at every proper fall. Its price is in bear grip, 5 days continues looser and close to year low. Very strong fundamental. Quarterly result on 30^th Oct, 2013. 

Regards

TORNTPHARM - CLOSED AT 429.00 WITH A GAIN OF 2.6%

15/10/2013

Good Morning.

As on 8:10 AM SGX nifty is in green -  6,206.00  +62.50  .

I will be watching few overbought stocks with view of shorting.

Regards.

14/10/2013

Good Morning,

I will be watching today ITC , as per my view it looks weak to me as long as it trades below 357.00, Likely to touch 335.00 in intraday. 

Regards

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.