Thursday, September 22, 2011


In the choppy sessions of Indian market, some stocks  are very bullish. These are near 52 weeks high and gaining unexpectedly. VIP INDUSTRIES among of these, it had strong sales and profit growth in last two years. Technically stock has its major support on 100 days moving average line. Now near term target is 1060 for VIP INDUSTRIESARVIND was reported net loss of 48,82 cr in March 2009 from where  the company has reported a net profit of 52  and 134.8 cr in 2010 and 2011, which are triple of 2010. Technically stock has broken its major resistance to start new bull phase.near term target 120 for Arvind. Same story in KAJARIA CERAMICS, company has reported a net profit of 8.9 cr in 2009 after that net profit jumped to 35.85 cr in 2010 and 60.66 cr in 2011, and it will be continued in 2012.Technical chart showing strong support on 50 days moving average line of KAJARIA CERAMICS. It can be long for the target of 135 in few days. TITAN INDUSTRIES is near in 52-week high crosses above stock may touch 265 in few weeks.