Saturday 1 December 2007

Market Update - 30 Nov 2007

Number of breakouts are on the rise. Some of these are having follow through days. 65 days is slowing turning towards postitive. If the current action continues, we may see the ratio to be in positive by mid next week.

DT scan has following candidates
GMG -
This came in DT scan few weeks back. Since then the stock has risen by 10%. Volume looks good. Also this stock has been moving sideways in last few months. It is almost ticking all boxes of DT. A good buy.

GON - Pull back has been more than 10%. Pass.
HMS - Pull back has been more than 10%. Pass again
IHP - Penny share - Pass.
PET - Pull back more than 10%. Pass

4% on high volume breakouts
BOY
BUR
COLT
GKN
GMG
LLOY
MPI
PDL
PZC
SL
STAN
TLW

Raj

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