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View on Adani Enterprises, Indian Bank and Reliance Infrastructure

Discussion in 'Fundamental Analysis' started by naveen1241, Jul 12, 2012.

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ADANI ENT, INDIAN BANK & REL INFRA

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  1. naveen1241

    naveen1241 Responder

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    Hi,

    I would like to get your views on the three stocks mentioned at CMP :confused:.
    Adani Enterprises, Indian Bank and Reliance Infrastructure

    If possible would like to know levels to Enter & Exit with 6 - 9 months view.

    Thanks
    Naveen
     
    naveen1241, Jul 12, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    You have posted the thread in fundamental analysis sub forum and so if you are looking for my fundamental views on these 3 stocks, I don't track them.

    If you would like my technical views, I will be more than happy to share them.
     
    shabbir, Jul 12, 2012
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  3. naveen1241

    naveen1241 Responder

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    I would like to know fundamentals as well as technical levels. If some one could help with fundamentals, that would be welcome as well. Meanwhile should I post this in technical sub forum as well for getting technical views?

    Thanks
    Naveen
     
    naveen1241, Jul 13, 2012
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  4. shabbir

    shabbir Administrator Staff Member

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    No need to post in technical forum once again and I will share my technical views here.

    Adani Enterprise 6 Months chart is as follows.

    [​IMG]

    Forming support at around 200 and so that should be your strict stop loss because you are trading against the trend and you need to read

    http://shabbir.in/trade-against-market-trend/

    Indian bank Chart is forming higher top, higher bottom.

    [​IMG]

    This stock has not done anything in last 2 years and so not very upbeat on this either.

    Reliance Infrastructure was in long down trend but has come out of it probably 3 months before and so with a stop loss of 420 you can go long on this.

    [​IMG]
     

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    shabbir, Jul 13, 2012
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  5. naveen1241

    naveen1241 Responder

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    Thank you :) Shabbir, was a good response to my query indeed.
     
    naveen1241, Jul 13, 2012
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  6. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Jul 13, 2012
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