LT a break out high levels..Next Stop 1950

LT has given a break out from Consolidation after a long time, the stock is giving a negative Divergence which means the stock could correct a bit before hitting the mark. The target should be achieved within 15 days time as well.

The Possible target for the stock is Rs. 1940 and the stop loss for the stock is Rs. 1620 on daily closing basis. I know after such a long run further run up for the stock is not a easily digestible but we can see the likes of Jubiliant food works, Wockhardt and Bata performing outstandingly in an uptrend.

On the weekly charts as well the break out has happened after a long consolidation and the break out has been with pretty good volumes, which indicates that the run up could happen for real.

The stop loss here would also be the same 1620 on the weekly closing basis.

Gujarat Sidhee Cement... Run After a long time

Gujarat Sidhee cement Flag breakout in daily Charts, with which gives comfort to the buyers to enter into the stock. The recent volumes have been pretty good and this is a stock from the cement pack which warrants a buy at this point of time.

The possible price target for the stock.is rs.16 within say 15 days time frame, with a stop loss of rs.12.30 on daily closing basis. 

The stock has closed arnd 12.90 and the target is for Rs.16 so the risk reward ratio is favorable and the capital investment is not much as well. 

If we see the weekly charts as well , the stock has after a long time changed its trend and the has broken out of it with huge volumes. which indicates that the stock can see good movement on the upside.

I am sorry for not being regular, but please write ur comments and questions about stocks which will motivate me to be regular .

Thanks and Happy Investing