Jul 19, 2007

GIPCL,NEYVELI LIGNITE

ALL POWER STOCK MOVED WELL,WATCH GIPCL TOMOROW , NOT MOVED WELL IN TODAYS RALLY OF POWER STOCKS, I THINK IT WILL TOUCH 80+ IN COMING DAYS, MAY BE STAR OF TOMOROW, KEEP AN EYE ON THAT .NEYVELI FOR 2MOROW TRADING Neyveli Lignite in the recent past has been showing a good movement, it is perhaps the last power stock to show some good movement and it is actually moving up after forming a good base and now that it is trading above Rs 71-74 supply zone earlier, it is expected to move up further, maybe immediately one will see a resistance around Rs 81 but the real resistance, the significant level that it should cross after that you can be actually bullish for the intermediate term would be Rs 92. As of now, definitely Neyveli looks quite positive

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