Technical Calls on KEC International,SKM,Megasoft and Pirimal Health

SKM EGG PROD Export

SKM is near its 200 DMA and volumes are good in the counter,but Stock was unable to cross 200 DMA last friday even if volume were good.

SKM is a buy above 19.40 tgt 20.4 22 and 25 in short term

KEC International

KEC International is on verge of breakout after posting a stupendous rally last friday.KEC is near its 200 DMA unable to sustain last Friday, if on Monday follow up buying continues we can see another rally.

Buy on close above 535 Tgt 555 ad 588

MegaSoft

MegaSoft has given a breakout after a year of resisting the leve of 33.50. Surprisingly stock is near its 52 week high also.

Indicators are pointing to higher levels if follow up buying continues.

Buy between 33.50-34.5 tgt 36,38.2 and 40.65

PIRAMAL Healtcare

Piramal healthcare is taking support at 100 DMA from past 2-3 trading sessions ie at 504 levels.

Trading range is 504-515 from past few trading sessions.

Buy above 515 Tgt 522 528 and 535