Sesa Sterlite Ltd

Technical Desk Call : 18 Sep 2014

Positional Call - Strong Buy above 288 Target 295+++310 Stoploss 275

Remarks: SSLT on daily chart is poised to give Flag Pattern Breakout once it surpass 295 resistance on the chart. from last one week the stock is in consolidation zone between 275-285 area and has stonge support at 273 (100DMA) which is good support for the counter in near term. RSI and MACD both the indicator suggest some momentum is expected on upside once this counter surpass its resistance level of 295. Advise traders and Investors to take position as per your risk appetite. Read our disclaimer 

Power Finance Corporation

Technical Desk Call : 08 Aug 2014

Positional Call -Strong Buy above 272.50 Stoploss 259 Target 288 

Remarks: PFC on daily chart looks pretty good for time being as it is now consolidating around 265 - 272. this counter has given healthy profit booking from its recent high of 344 to 256 low and now hovering around 270 level. if we plot retracement level on daily chart from its high level than 38% retracement level comes to 288 which we are expecting the counter to touch this level in coming days. we advise clients/traders or investors to trade after reading our disclaimer.

TATASTEEL

TECHNICAL DESK CALL: 21 Jan 2014

Positional Strong Buy TATASTEEL (FUT) CMP 383.50 Stoploss 374 Target 395

Remarks: Tatasteel on daily chart looks attractive for the time being as we draw retracement theory on daily chart from recent high of 435 to low 370.....38% retracement comes at 395 so we advise traders/investors to trade for this target with all due diligence...

HINDUNILVR

TECHNICAL DESK CALL: 20 JAN 2014

Positional Strong Buy HINDUNILVR (FUT) cmp 560 Stoploss 538 Target 580+++601

Remarks : Hindunilvr on daily charts looks attractive from the point of view of dad cat bounce as it has been from past many period it is under performing the market  and had corrected from September months high of around 685 to 538 recently mad low so from that point it is now making some consolidation before it slip any further on downside we are expecting the stock to touch 38% retracement level i.e. 594....please read our disclaimer