TRADE WITH TREND: 7/26/09

Jul 31, 2009

LOKESH MACHINES BUY

LOKESH MACHINES INDICATING A BUY IN DAILY CHARTS :
bullish morning star formed in todays eod chart
rsi,macd indicating a buy in current price, even mfi also improved from 28.7.09
and fib retracement crossed 38.2% indicating a bullishness in short term
symmetrical triangle in 5month chart, expanding triangle in 3month chart
And trix also crossed 0 on 28.7.09 which clearly suggesting an upmove in near term
so, go long in lokes machines with a sl of 33 for a tgt of 43 to 48 in short term
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"WE ARE GIVING TOTALY FREE ADVICE AND NEVER DEMANDED ANY MONEY OR REWARD FOR OUR SUCCESSFULL TRADE FROM ANY ONE AND WE INTEND TO DO SO IN FUTURE"
As equity analysts we , our relatives and FRIENDS may have position in the stocks suggested by us. These Recommendations are based on technical and/or fundamental analysis and Personal observations. Due care has been taken while preparing these comments. Acting on the basis of views expressed here is the sole responsibility of the reader. No responsibility will be assumed by the authors for the consequences what so ever, resulting out of acting on these recommendations.

TRADE WITH TREND

Jul 31, 2009

LOKESH MACHINES BUY

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