Ekc
Guys please check EKC. Looks good for upmove. Monday should be a big gap down & if sustains after gap down may be good to go long in Breakout stock or stocks good for upmove like Mphasis, BRFL, LIChsgfin, Mcdowell, Biocon, EKC, Cairns, Uniphos. During May month Nifty is likely to seek lower levels hence would be good idea to stay short in Nifty & intraday long in Breakout stocks specially those which are not Nifty stocks. Sugar stocks like Bajajhind & Renuka too look good for bounce in short term.
For upside : Sugar stocks ( Renuka & Bajajhind ), EKC, Mphasis, BRFL, LIChsgfin, Mcdowell, Biocon, Cairns, Uniphos
For downside : Nifty, RIL, Albk, ABB, Siemens, Recltd
Technical guys please post your views on above
Cheers !!!!
Alok Tewari