Monday 21 October 2013

New lucrative calls and breakouts

Hi traders/Investors,

Some calls.

SBI:
SBI looks like rangebound but can also breakout so if a breakout happens after 1696 then it can go upto 1800. I would advise holding it for long term as SBI is gonna rebound.



























UCO Bank:
Banks are now pushing the Nifty instead of IT stocks so UCO looks good.
UCO bank looks promising it has broken its trendline and now on slanting support line and moving ahead towards 68 resistance. If broken can go to 75.

Target :75
SL: 64-63.



























Yes Bank:
This stock has also broken Cup and handle trend and also getting support on slanting trendline. After 362 it is going to for target of 390 and then 425.
Current price: 358
Target: 390, 425
SL: 330





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