Thursday, July 9, 2015

A Pharma Stock worth a Buy for Short Term.....

I have been tracking PLETHICO PHARMA for some time now.

Check the chart below :


The stock has a tendency to make v.sharp up moves each time it breaks above the falling trendline.

And this time too.....(as in the past two occurrences) it can be very much possible.

One more plus this time is - The stock made a double bottom instead of lower bottom as earlier.

This should be a signal to correction complete and sideways or uptrend beginning.



To Summarize :


 PLETHICO PHARMA- B@ 29-30, keeping SL/26 on closing basis.

- Trendline violation leads to violent movements
- Previous two occurrence it has proved as per chart.
- First Double Bottom confirms the limited downside.

Thursday, March 5, 2015

MASTEK - A stock opportunity you can't MISS ! Incredible move possibility

Friends,

After over 15 years of my experience with Technical Analysis, I find a stock today which has broken out of consolidation after equal years !

Events such as this are RARE and one can't afford to miss them out NO MATTER WHAT!


I request you all to just check on this incredible chart on the monthly basis.

Not only does is confirm a breakout move with huge volumes builtup but there is a BLUE SKY zone much much higher ahead for this stock with practically NO RESISTANCES !

If one is patient investor and holds on to this counter over next 2 YEARS then one can be rewarded with phenomenal returns.

All I can say is - GO OUT AND GRAB IT.

Cheers,
PREMAL PAREKH
05/03/2015