The following stocks look bullish on the charts based on their close on 13TH AUGUST 2010. These indicators generally yield very good dividends if traded accordingly. However, it is important to appreciate that “NEVER TRY TO CATCH HOLD OF A FALLING KNIFE”.
Hence, buy only if the stock is rising and as close to the EOD price of the previous day. Buying in at the higher end of spectrum will incur lesser profits and may even result in a loss if you are trading intraday. Hence, keep the entry levels in mind and book profits at levels of comfort or at least trail stop loss.
The bullish stocks for MONDAY, 7th AUGUST 2010 are
SAHARA HOUSING
PHOENIX LAMPS
DS KULKARNI
KOTAK MAHENDRA BANK
PHOTOQUIP
ERA INFRA
STATE BANK OF MYSORE
DHAMPUR SUGAR
AARVEE DENIMS
DELTON CABLES
BALAJI TELEFILMS
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