TJL - Watch

TJL - has a strong psychological support around 40.00, this is a critical support area. Failure to hold will expose it to be supported at 38.90. A resumption of an uptrend will take place above 41.50. Buying could be delayed till that area is tested.

COMB - Need to hold above 134.50

COMB - 76.4% fib ret is around 134.50. Expect the stock to hold above that. With strong momentum I expect it to test 143.00.

ASI - still in no man's land

ASI - as reported last week, is not going anywhere. Need to watch the weekly chart very closely.

CFVF - There is a trade for the brave

CFVF - is a stock that has given a sizable return to any one who had spotted the potential. Well that potential is still available, due to falling bond rates.

If you are brave there is a trade in this stock as follows:

Buy @ 34/50-35/00
Sell above 40.00 upto 41.00
Stop @ 33.40.

35 was a psychological barrier that the stock is wanting to break and stay above. Once the price with the help of volumes creates the much needed strong base, you will see it testing 41.00.

BALA - Exit now and watch

Bala - 24.00 appears to be the present high. Exiting in part or completely will not regret.
Wait for the consolidation to take place before you get in again. As plantations have been the best performing sector it is advisable to short your own stocks and cover your own at the right time. But volumes and stops are an integral part of a mature trader, hence you do not know that then do not trade a single share. Without knowing the basics of trading IF you are trading, that is PURE STUPIDITY.

MADU - Now what?

MADU - is one counter that behaved exactly as I wanted. If you followed my posts on it you would know that my 1st target was 10.50, and the 2nd being 11.50. I was pleased to see that it hit the 1st target and checked in at 11.00 before the present level of 10.40. So what's next to expect from it?
I want to see it's getting consolidated above 9.80. I also expect two things to happen as well.
1. It could breakout 11.00 and test 12, thereby hitting my 2nd target, then fall and trend above 10.00.
2. If the trend extension is to stall then it will test 9.80, and have a support failure making it to make a gap fill and find support above 9.00.
Either way the present strategy is to sell a part of what you have now if you have not sold after buying at 9.00, and hold the balance, while waiting to exit at the 2nd target of 11.50. A failure to see an extension will allow you to increase your holding at the right time. But that right time needs to be watched.

LOLC - Try and pick a few @ 118

LOLC - is turning out to be on of the best performing conglomerates of 2017. The growth momentum alongside investor confidence will take this counter to new highs in the months ahead. However the Price will obviously fluctuate. And the present trend can take it upto around 128.80. Ideal price now to pick some will be 118.00. Take an averaging down approach than a trading approach, whilst booking profits at the targets you feel fit to take.