GULF OIL (118) - 35% To 50% GAIN EXPECTED

Dear all

Lets Discuss Another Stock which Technically Breaks.

Gulf Oil Corporation(118)

Clearly Stock has Broken 3 year Chart range of 55-106 levels on Last week With Decent volumes.

Whenever A stock breaks 3 year range & If it trades Psychological or round Figure Like 100's,  It Could make Better Returns in terms of Technicals.

Accumulate GULF OIL(118) at Current Levels for a Potential Upside between 35% to 50% as a Short term investment.

Take a Sure Shot Call & Enjoy the Benefit of Good technical. Stoploss should be 106 on Weekly Closing.

 

SBI(1994) BOOK PROFIT PARTIALLY

Dear All

Our calls performance

SBI returned 35% Gain from Our recommended price of Rs 1501. Made High of 2030 level.

Refer Post:    SBI TECHNICALS - REVERSING OR NOT

 

TVS returned 16% Gain from the Breakout levels we recommended. High 101.50.

Refer Post:   Will TVS Motor Break 7 year Chart Level

 

Book Profit SBI Partially

Now we suggests Book partial Profits in SBI as Stock may find Strong resistances at 2052-2071 levels. Chart also suggests Overbought in Daily Charts & Previous support may act as Strong resistance.