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Tuesday 4 October 2011

Cheap Stocks - Kedar K Murdeshwar

4th October 2011,Tuesday

Cheap Stocks:Stocks that are in the Range of Rs 5 to Rs 10 with volume more than 50k

KSOils (9.75):Looks Bearish for tomorrow.The major support is 8.93 and Major Resistance is 11.90.Volumes too are continuously Falling for last 4 days

VikashMet (9.75): Tried to pick itself up in the Intraday but ultimately closed below.The previous day's candle is a Doji and a close above this Doji high van push the stock upwards

FutureEvent (9.00):Looks Beaish.May push up only when it crossed the doji top of the previous day

IndoSolar (9.00): Indosolar was positive today The scrip closed at its High.Looks good for tomorrow

LML (8.60):LML closed down today.The resistance of 8.80 is not letting the scrip to go up.

DCW (8.55):Stay away.Is very bearish

Smpl (6.90):The stock can show upward movement only when it crosses the doji high of 7.10.

ShreeAshta (5.65): The scrip ended positive.But no need to get very happy as the Doji high of 5.70 is very crucial.



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