Marketcalls
Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

Buy : Balaji Telefilms : Short Term Target

37 sec read

Buy : Balaji Telefilms
CMP : Rs 197.35
Target : Rs 220 & 250
Time Frame : 1-2 month
Stop loss : Rs 172
Potential Upside : 10% and 25%
 
Balaji Telefilms is a production house based in Mumbai, India, and is promoted by Jeetendra, Shobha Kapoor, and Ekta Kapoor. It has produced a number of famous serials in India and has become the largest television production house in South Asia, Southeast Asia and the Middle East.


[wp_ad_camp_5]

 

Please click the charts to get Enlarged

 
 
Simple Technicals :
 
1)Huge Consolidation Between 165 to 180 and a breakout with huge volumes can lead this stock to a target of 220 and 250
 
2)13,34 50 EMA(Exponential Moving Average) are also showing bullish signal
 
3)MACD Already bullish  and increasingly bullish from may 20 onwards shows a clear buy signal
 
 
Balaji Telefilms remains a huge valuable pick at this time
 
Please kindly follow strict stop loss
 
 

Recent News :

Star likely to divest its 25.9% stake in Balaji Telefilms – Posted: Fri, Jun 6 2008. 11:08 PM IST

Source:
www.marketcalls.in
Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in
«
»

GANN Shorter term update for Nifty as on 15…

  GANN Supports zone near 5005. More weakness below 5005 as next support near 4780. Avoid longs if nifty dips below 5005. Source:...
Rajandran R
Dec 15, 2009 5 sec read

Larsen and toubro update

  Trailing Stop Loss Update for Larsen and Tourbo   Cover Shorts and reverse the position if LT closes above 1665. Source: www.marketcalls.in
Rajandran R
Dec 9, 2009 6 sec read

JP Associates is getting Weaker

  1)Stock is showing massive MACD divergence 2)Price is currently below 13,34,55 EMA and these levels could act as a resistance in coming sessions. 3)Stop...
Rajandran R
Nov 26, 2009 13 sec read

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More