Saturday, November 12, 2011

Stock selector 13 Nov 2011

It is turbulent time for the investors specifically traders. To take a directional call at this time is very difficult although I must say movements of Indian markets are showing bit of a strength. The weak hands are not looking that full with stock and there is hardly a talk of climbing too soon. Normally these are good signs. 
The stock that is showing resilience and should be invested is M&M. The stock has broken out of both monthly and weekly charts. It is currently looking good to achieve some decent highs.

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