Friday, September 15, 2017

WATCHLIST FOR TODAY 15 SEPTEMBER 17

1. INARI ...monitor for btreakoutof 2.53. TP 2.65 & 2.80

2. LIIHEN...monitor for breakout above 3.46...with increased volume 

3. YONGTAI...EP 1.48 ....TP 1.55

4. CRESBLD...EP 1.10....TP11.20

Our market is still under mild consolidation mode but selective ace & speculative counters should see rotational plays.

Steel theme play has seen most steel counter being pushed up considerably high. ..be cautious of a possible retracement in this sector which badly need a breather though the longer term outlook for metal counters look promising. 

Can also look into rubber counters as rubber price is on the uptrend

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