Jumbo Bag Ltd(JUMBO)- A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook

 JUMBO closes  at  $ 23 with a gain of +20.10%   on 08 July 2011 with formation of Bullish Engulfing Candle on Daily  Price Chart with Huge Increase in Volume. Technically, JUMBO  looking extremely Bullish   on Charts. Major Momentum Indicators are in Bullish zone. Buyer-Seller Force Index,RSI, Ultimate Trend Cycle & Twinggs Money Flow & TAIO are looking Bullish on  Daily Price Chart.

We Recommend to BUY  -   JUMBO at CMP

Target- 26.90/39.50

Stop-Loss – 16.40

Time Frame- 10-50 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based Quant Research Firm, M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks, trades at NSE. We use Ami Broker Charting Software with pattern Explorer. You can reach the Chartist here mail@niftynext.com .

NIFTY NEXT- Nifty EOD 08 July 2011 Technical Analysis & OutLook For 11 July 2011

Nifty-Spot today( 08 July 2011) ended at 5660.65 with a huge fall of -1.20% with formation of a Long Black Candle on Daily price Chart. Nifty has find strong resistance at Upper Side of Expanding  Triangle Pattern at 5731.30. VIX has increased by +0.30% to 18.67 on 08 July 2011. On Technical Chart, major momentum indicators are looking week. Buyer-Seller Force Index, RSI & W% R are cooling –off from its higher levels on daily chart. Nifty has now strong supportive level at 5608.70.If it breaks these levels and closes below 5442 in mid-term basis, then we may enter into a Bearish Phase.

Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based quant Research Firm, M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks, trades at NSE. We use Ami Broker Charting Software. You can reach the Chartist here mail@niftynext.com . We are Using AmiBroker Charting Software(V-5.40). 

Call NiftyNext # +91 880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com

FII DATA UPDATE FOR 11 JULY 2011

(Rs. in Crores)

Reporting Date Equity Debt Gross Purchases Gross Sales Net Invest. Gross Purchases Gross Sales Net Invest. 08/07/2011 2849.20 2099.20 750.00 806.90 505.20 301.70 07/07/2011 2116.30 1835.30 281.00 3052.90 668.30 2384.60 06/07/2011 2662.10 1801.50 860.60 1416.00 996.60 419.40 05/07/2011 2839.30 1654.20 1185.10 1235.80 1554.80 -319.00 04/07/2011 8003.40 5326.10 2677.30 1022.40 3103.30 -2080.90

 Call NiftyNext # +91 880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com