Hot Indian stocks

Stock Market Prices|Vascon Eng surges up 18%

2011-11-28T17:41:00.001-08:00

Vascon Eng has surged up by about 18% on relatively high volume.

Current share price:- 49.95
52 wk high :- 149.40
52 wk low :- 38.45

The stock is currently trading near the 52-wk low. It has recently reported quarter profit of 1.26 cr.

Now lets have a look at some of the fundamentals of the stock:-

1. The company's networth has been increasing consistently. Current networth is 687.66. Last years networth was 643.77.

2. Total debt for the company has also increased to 330.26

3. Reported net profit is 54.30. Last years value is 43.66.

4. Earnings Per Share(EPS) is 6.03. Last year it was 4.85.

The above numerals are from Mar'11 financial results.

The only problem currently looming the stock is that the company is recently under some sort of investigation for fraud. So investors should be wise enough to wait for the outcome, before they look to take in the plunge.

Kindly note that the advice we provide are based solely on technical analysis. There are thousands of factors that can affect the price of a stock. So do not rely solely on our tips. Please do listen to news and also perform your own analysis to determine whether you should enter a position or not. We would not be held accountable for any loss you might suffer in process of trading. The above are for information purposes only, trade at your own risk.

stock tips

Stock Market Prices| DBRealty finds support

2011-11-23T18:16:00.001-08:00

DBRealty has surged about 20% in the last trading day. The company has found support near a recent low made during Sept month end. The support is marked by a yellow line. Also high volumes greater than average volume can be observed in the last trading hour.

Watch the stock to see if it is going to breakout of the resistance level at high volume. If it breaks out of this box at high volume then one should look to enter a long position on the stock.

Current Share Price:- 64.50

stock tips

Stock Market Prices|OnMobile stocks look strong

2011-11-22T18:18:00.001-08:00

On-Mobile is currently looking to breakout of its accumulation phase. The stock is currently trading at 64.95, which is closer to its 52 wk low.

Current share price :- 64.95
52-wk low :- 54.10
52-wk high :- 200.00

The room for growth is from 54.10 to 200.00 over the next one year(400% growth). The stocks downtrend ended in Aug 23 after which it was kind of moving sideways only. Recently the shares have been showing immense amount of activity. Shares are currently trading well beyond avg. volume.

The standalone net profit for the stock is at Rs 42.79 crore(Sept quarter).

stock tips

Stock market prices|Edelweiss share price increased by 10% in a single day

2011-11-21T16:13:00.001-08:00

The stock is of utmost importance because of a high increase in the share price at relatively high volume. The volume was higher than the average traded volume. This sharp increase in the prices as has also caused the slope of the 9-day MA to turn positive.

Kindly take note of the purple and yellow lines. They represent resistance and support levels. The stock has kind of bounced back near the support level and it is going closer to the resistance level. If you witness a breakout then it is a signal for you to enter long.

stock tips

Stock Market Prices|Pantaloon Retail share price rise on high volume

2011-11-19T07:45:00.001-08:00

PANTALOON RETAIL (I) LTD

(Public, NSE:PANTALOONR)

198.40 +16.30 (8.95%)

Nov 18 - Close

For the last couple of days the shares of Pantaloon retail has been increasing in price. This upward
movement was also supported by high volumes. This means that there is immense interest in the stock.

The slope of the 9-day MA has changed from negative to flat which is highly significant. This shows that
there has been a recent shift in the mentality of the market crowd. If you see the slope changing to positive
on high volumes then you can go long on the stock.

HJ9TP7DSH3VJ

stock tips

Stock Market Prices| Bullish engulfing seen for Carol Info

2011-11-19T07:23:00.001-08:00

CAROL INFO SERVICES LTD

(Public, NSE:CAROLINFO)

152.75 +0.85 (0.56%)

Nov 18 - Close

Carol Info is currently in the accumulation phase. The stock has been in a downtrend from September. The stock entered the
accumulation phase by the start of October. Now the reason why this stock has come under our scanner is basically because
we have witnessed a bullish engulfing recently(Nov17th). If the stock starts a new upward movement which is strong enough
to change the slope of the 9-day MA to positive from flat, then things would look a little more interesting.

So as a trader watch the stock to see if the slope of 9-day MA changes to positive. Also look for high volumes.
Upward movement on strong volumes are affirmations that the uptrend would last longer. If you see the stock moving up on high
volumes then enter into long position as soon as possible.

stock tips

La Opla may bounce back at support

2011-11-19T06:22:00.001-08:00

LA OPALA RG LIMITED

(Public, NSE:LAOPALA)
101.90

-2.85 (-2.72%)

La Opla shares are currently trading near a recent support level. The yellow line in the chart represents the support line. The purple line represents the resistance. The green represents the channel between the support and resistance levels. If the shares bounce back and you enter long then you should be looking to sell the shares near the purple line. That would be your target price.

So if you see that the share bounce back up at this level then enter long. Your target price would be about:- 125 and stop loss must be a 90.

stock tips

Watch DEN networks for a turn around

2011-11-19T05:50:00.001-08:00

DEN networks is currently trading below its 9-day Moving Average. From mid August to mid October the stock was above its moving average. And the slope of the 9-day MA was positive during that time.

The MACD Histogram favors the bulls. The recent fall in the histogram is not deep comparing to the fall in August. And looking at the recent uptrend, the stock should pull back up and move in the previous direction. Now as a trader what you have to do is wait for the slope of the 9-day MA to turn positive.

So whats your signal to go long?

Look for the 9-day MA to turn up and soon as it turns up enter the long position. Hold the position for a couple of days and sell it when the stock reaches a higher price.

stock tips

CIPLA breaksout

2011-11-16T10:15:00.001-08:00

CIPLA which was in a downtrend from mid of July was consolidating itself from early September. The stock has currently jumped up on high volume. This happened on Nov 15th. And on 16th(not shown in chart), it has maintained its upward momentum.

This unprecedented gain is due to a gain in quarterly numbers. The strong numbers in financial sheets has caused all traders to take a dip into the stock. And this is the main reason why you can see a high volume on Nov 15th.

The slope of the 9-day MA has turned positive from negative and with strong financial numbers to back up us, it may not be a bad idea to enter before its too late.

stock tips

DEN Networks is trending

2011-11-16T09:59:00.001-08:00

DEN Networks has been in an uptrend from Aug 11. The stock has climbed up from a mere 40 to 84. Now the stock price is again going low.

Traders can expect a swing near this region and what most traders must look for is a change in the slope of the 9-day Moving Average. If the slope of the 9-day MA turns from negative to positive then it is a signal to go long on this stock.

What we need to look for is a positive slope, not just a flat one. Slope turning from negative to flat is not a signal to enter. Its only when the stock turns positive that traders can say that something is up.

stock tips