Monday, October 12, 2009

Trading Calls for 14th October 2009

Hi all
ITC is the BUY call for day after tomorrow. See the chart below. ITC is showing a ascending triangle breakout. BUY close to 255 for a target of 320.
Daily chart of ITC:


Another one to look at is MAHSEAMLES. It is trading within a rising channel. The stock has just touched the bottom of the channel and rebounced from there. BUY at today's closing with a target of 360. Keep stoploss at 310.
Daily chart of MAHSEAMLES:


Updates of the open positions:


Regards
DJ

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