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Tagged: Stock of Day

Stock of the Day – Heritage Foods 0

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Stock of the Day – Heritage Foods

With elections taking off in India, Heritage Foods which can be called a “Politically linked Enterprise” has been on a over-drive in recent days. But the recent rise is nothing if one shifts the focus from daily charts to Monthly charts for here you can see a clear cut Pole and Flag pattern. If this pattern is true and the...

Stock of the Day – Godrej Industries 0

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Stock of the Day – Godrej Industries

A observation of the chart of Godrej Industries tells you one thing – the stock likes to consolidate a lot. Since the rise in 200, the stock moves higher and then falls back to consolidate before attempting and making a fresh peak. Unfortunately that pattern seems to have ended in 2013 and since Jan has been in a pretty long...

Stock of the Day – BF Utilities 0

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Stock of the Day – BF Utilities

The best entry for a stock is when it breaks through a Resistance level which has been tested multiple times in the past. Then again, this is no guarantee to the trade being profitable but do this long enough, and the odds will be in favor of you.  BF Utilities is just below one such major resistance and if broken,...

Stock of the Day – Gujarat Fluorochemicals 0

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Stock of the Day – Gujarat Fluorochemicals

While the Indices are hitting new all time highs, a lot many stocks are still waking up just now. Gujarat Fluoro is one of those companies that haven’t delivered any strong returns over the years. As on date, the stock trades at 320, a price which the stock first saw in early 2006 (that is 8 years of non performance...