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Thursday, August 11, 2016

Short term momentum call for 11th August, 2016


Geojit 

With every dip been bought into with higher volumes; this stock has the potential to move higher towards 47 mark in the coming days. Have been making a perfect higher high - low pattern in technical charts.

Finolex Cables

This stock is all set to breakout from the side ways consolidation that we have been witnessing for the past few days. Once broken out this stock has the potential to higher towards 430 - 450 levels.

VHL
Vardhaman Holdings: The chart suggests that this stock will continue to move higher for next few days and would move towards 1400 once again and move towards 1450 - 1500. Though be cautious as this is a low volume counter comparatively. We couldn't place this stock chart here. 

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