HDFC-A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook,Hot Stocks/Picks

HDFC Closes  at  `620.90   with a Fall   of -3.80% on 16 May 2012 with formation of  a Gap Down Candle on Daily  Price Chart .Technically, HDF Cis looking Weak on Charts.It is now Trading Below Its 200DMA. Schaff Trend Cycle is also Negative. Major Momentum Indicators are also Bearish. It has also Broken the Downside of Linear Regression  Line, Making it Short/Mid Term Bearish.

We Recommend to SELL: HDFC  at CMP

Target : `604.25/601.54/593.50

Stop: Loss :`626.25

Time Frame: 5-20 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 at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 begin_of_the_skype_highlighting            +91 80171 98633      end_of_the_skype_highlighting Or SMS at +91 880 2230 836/ 8927670565.

TATA STEEL -A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook,Hot Stocks/Picks

TATA STEEL Closes  at  `400.60   with a Fall   of -4.20% on 16 May 2012 with formation of  a Long Black Candle on Daily  Price Chart .Technically, TATA STEEL is looking Weak on Charts.It is now Trading Below Its 200DMA. Schaff Trend Cycle is also Negative. Major Momentum Indicators are also Bearish. It has also Broken the Downside of Linear Regression  Line, Making it Short/Mid Term Bearish.

We Recommend to SELL:  TATA STEEL at CMP

Target : `78.75/66.00

Stop: Loss :`85.85

Time Frame: 5-20 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 at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 begin_of_the_skype_highlighting            +91 80171 98633      end_of_the_skype_highlighting Or SMS at +91 880 2230 836/ 8927670565.

SAIL -A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook,Hot Stocks/Picks

 SAIL Closes  at  `84.60   with a Fall   of -4.50% on 16 May 2012 with formation of  a Black Opening Marubozu Candle on Daily  Price Chart .Technically,  is looking Weak on Charts. Major Momentum Indicators are also Bearish. Trend Score is Turning Negative.

We Recommend to SELL:  SAIL  Below `83.06

Target : `78.75/66.00

Stop: Loss :`85.85

Time Frame: 5-20 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 at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 begin_of_the_skype_highlighting            +91 80171 98633      end_of_the_skype_highlighting Or SMS at +91 880 2230 836/ 8927670565.