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ACE ( Action Construction Equipment) : Stock is in long term uptrend since our entry near 10-11 in 2014 & after doing 75-77 in June this year stock witnessed some profit booking & dropped significantly, however during last week stock got support near its 50 dMA & spurt 16% with significant volume increase. While checking weekly charts it was clearly visible that stock is going to test 3 digits soon, Support exists near 65-68. Have a look at chart:
Ujaas : Stock is in long term downtrend & has retraced almost 100% from where its last journey started. However a technical bounce of 20-30% above 23.15 is expected in coming weeks. Have a look at weekly chart :
Uniply : Stock is in downtrend & has eroded almost all its gains of last rally, but now the stock is at an important junction from where it can move any side but technically stock is looking good for a good upside. Have a look at chart :
KOHINOOR FOODS:Stock is looking good on charts & one can add fresh if sustains above 72.
KEI IND :Flag formation .
