Tata Power - Available right at the BOTTOM ! BUY IT.....

Friends

 

Check the chart of TATA POWER.

 

A clear channel formation in an continued uptrend is visible. No fuss - No mess just plain simple chart showing channel. One can also see MACD crossing above the ZERO line from under. This again is a v.positive indicator of a strong uptrend to come ahead.

 

The stock (Rs.1354) is right at the bottom of channel & so its a minimum risk buy at this time. Buy with an SL - 1317 (closing basis) & a attractive target of 1554.

Mphasis - Bottomed out

Check this out !

For the last 2 days of the week the indian markets fell, but Mphasis kept in GREEN !

This clearly shows its bottomed out for the time irrespective of market. I recommend a buy on it for booking profits on the higher end of the last top.

Marico - A star is born. A constant performer & expect GREAT RETURNS ...

Friends,

Check out the chart for MARICO. A clear CHANNEL formation can be seen. The stock keeps rising with each bottom formation near the lower trend line of the channel. The last closing is just a TAD above the lower channel line.

I suggest a STRONG BUY with a SL of 98 & target of 125 in next 1 months time. Expect astonishing returns of 20% Plus in just over a month. STRONGLY RECOMMENDED.