Technical Calls on LT,NAGARJUNA AGRICHEM and IVRCL Infra

By | July 14, 2010 1:35 am

Larsen and Tubro

Facing trendline resistance from past few trading sessions and looks good for a breakout above 1851 looking at volumes and RSI

Buy above 1852 for tgt of 1864 and 1881 and 1900 SL of 1821

IVRCL Infra

IVRCL has given a breakout on the daily charts and looks good for a rally once the consolidation phase of this breakout is over,Volume  action showing it can give good move in coming few trading sessions

Buy above 194.15 Tgt 196.6 and 199.2 SL 188

NAGARJUNA AGRICHEM LTD.

Pennat Breakout with volume above 738 can propel this stock to 346 and 380 levels in 2 weeks time frame Sl of 311 on all longs

BF Utility and Infosys both gave good returns

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