Glenmark Pharma

     Glenmark Pharma has broke out couple of days ago. One can enter with the SL of 289 and target of 325

Keep Investing
Cheers
Chirag CM

Quick Stocks View

      Market has entered in choppy zone and it may last for few days. Here I would like to mention two stocks which may give good returns in upcoming days.

1. FSL
 The stock in on the verge of breakout. It has also shown few spikes in volumes these days. One can enter in FSL above 29 with the short term target of 33.

2. MARUTI
MARUTI broke out yesterday with very good voulumes. One can take position in Maruti at current level with the stop loss of 1430 and target of 1600 in medium term. It is also a good stock to keep in investment portfolio.

Keep Investing..


Cheers
Chirag CM

Cipla Breakout

              Cipla has given break out today with very good volume. Now it has changed the track and will try to trash 328 which is its 1st resistance. Have a look at the chart.

Following stocks may show some spark in upcoming days
Sesagoa,Rolta, Polaris above 180, IFCI above 62


Cheers
 Chirag CM

Quick market view

                     Market is not in the mood to go down at all. Sensex has broken above its parallel trading channel and now we can expect further upside till it holds the level of 18555.

ONGC, Hotel Leela and ICICI bank did well. Now watch out for Cipla as earlier mentioned.

Cheers
Chirag CM

Take a breath baby...

Market has entered in new bull phase by giving channel breakout. Click below graph to encourage. As I have mentioned that no need to panic till the time FIIs are buyers. NIFTY has also breached the level 5600. Short term support for it will be 5550.

ONGC has done significantly well by making high of 1365 on NSE, my target is 1390. One can also enter CIPLA @ current price for target price of 325. Check out the graph of Hotel Leela.

Ajanta Pharma, Allied digital, Arvind looks interesting one can enter at current market price.

Cheers
Chirag CM