Technical Report :Neyveli Lignite Corporation Limited : Buy

0 views
Skip to first unread message

K.Karthik Raja

unread,
Apr 9, 2008, 1:36:11 AM4/9/08
to Kences1
Neyveli Lignite Corporation Limited
Segment: EQ
NSE Code: NEYVELILIG
Paidup Value 10
Face Value: 10
Market Lot: 1
ISIN Code : INE589A01014
Listing Date : 23-AUG-2000
--------------------------------------------------------------------------------
Neyvelilig is looking strong in the charts.Neyvelilig is consolidating
in a range of 110-125

levels in last few trading sessions.Delivery position is increasing
daily says a potential

volume may drive the stock for long term investment.The Investors are
advised to accumulate the

stock in the range of 127-140 levels for an Long-term target of
160/200/240.Neyvelilig has the

Strong support @ 100/110 levels.
--------------------------------------------------------------------------------
Today Stock Movement

High: 119.90 Low: 114.30
Open: 116.35 Value: 25.62 Cr.
Volume: 2184863 10-day Avg. Vol: 2151643

--------------------------------------------------------------------------------
Stock Performance
52-Week Range (Low - High) : 53.05 - 277.95
Circuit Filters For Next Day: No Circuit Filters
STOCK PERFORMANCE
0.38% in 1 Week
-7.84% in 1 Month
103.55% in 1 Year
---------------------------------------------------------------------------------
Moving Average for the Neyvelilig
SMA-7: 117.01 SMA-13: 115.87 SMA-26: 124.76 SMA-50: 137.47
SMA-200: 139.31
EMA-12: 118.25 EMA-26: 125.85 EMA-50: 140.44 EMA-200: 139.69
MACD: -7.60

---------------------------------------------------------------------------------
Other Indicator:
Volume (last/ 5 day average): 2185000 / 1485000
- 5 day RSI: 51 - no indication.
- 14 day RSI: 41 - no indication.
- Williams % R(14): 64 (summation factor 100)
- Average Directional Index ADX: 24

----------------------------------------------------------------------------------
F & O UPDATE As on 8th April 2008
Current month futures for NEYVELILIG closed at 118.05 (Rs. 0.50
PREMIUM) with a turnover of Rs.

29.74 Crores.Adds 197650 shares(5.37%) in open interest pushing the
open interest to 3877775

shares.
----------------------------------------------------------------------------------
Commentary For Trading/Invesment:
2 day swing: Buy above 120.SL 112
5 day swing: Buy above 127.SL 115
20 day swing: Buy above 157.
Investment : Buy around (120-140)SL 100 Target 160/200/240
All long positions in the stocks should be protected with a stop loss
placed below
mentioned levels on a closing basis.



Sukumar

unread,
Apr 9, 2008, 2:59:16 AM4/9/08
to Kences1
Timely given.Accurate research you made on this stock.This is very
useful to the investors to enter at this time by the way of this kind
of support.I am appreciating for your simple and crispy report even a
person can read who is not having technical knowledge.I am suggesting
that kindly give the expansion for the technical term like
MACD,EME,SMA.This could clarify the readers doubt while reading.Keep
generating and posting reports like this and guide to others how to
prepare the report like this.All the best.

On Apr 8, 11:36 pm, "K.Karthik Raja" <kenc...@gmail.com> wrote:
> Neyveli Lignite Corporation Limited
> Segment: EQ
> NSE Code: NEYVELILIG
> Paidup Value 10
> Face Value: 10
> Market Lot: 1
> ISIN Code : INE589A01014
> Listing Date : 23-AUG-2000
> ---------------------------------------------------------------------------­-----
> Neyvelilig is looking strong in the charts.Neyvelilig is consolidating
> in a range of 110-125
>
> levels in last few trading sessions.Delivery position is increasing
> daily says a potential
>
> volume may drive the stock for long term investment.The Investors are
> advised to accumulate the
>
> stock in the range of 127-140 levels for an Long-term target of
> 160/200/240.Neyvelilig has the
>
> Strong support @ 100/110 levels.
> ---------------------------------------------------------------------------­-----
> Today Stock Movement
>
> High: 119.90 Low: 114.30
> Open: 116.35 Value: 25.62 Cr.
> Volume: 2184863 10-day Avg. Vol: 2151643
>
> ---------------------------------------------------------------------------­-----
> Stock Performance
> 52-Week Range (Low - High) : 53.05 - 277.95
> Circuit Filters For Next Day: No Circuit Filters
> STOCK PERFORMANCE
>   0.38% in 1 Week
>   -7.84% in 1 Month
>   103.55% in 1 Year
> ---------------------------------------------------------------------------­------
> Moving Average for the Neyvelilig
> SMA-7: 117.01   SMA-13: 115.87   SMA-26: 124.76   SMA-50: 137.47
> SMA-200: 139.31
> EMA-12: 118.25   EMA-26: 125.85   EMA-50: 140.44   EMA-200: 139.69
> MACD: -7.60
>
> ---------------------------------------------------------------------------­------
> Other Indicator:
> Volume (last/ 5 day average): 2185000 / 1485000
> - 5 day RSI: 51 - no indication.
> - 14 day RSI: 41 - no indication.
> - Williams % R(14): 64 (summation factor 100)
> - Average Directional Index ADX: 24
>
> ---------------------------------------------------------------------------­-------
> F & O UPDATE As on 8th April 2008
> Current month futures for NEYVELILIG closed at 118.05 (Rs. 0.50
> PREMIUM) with a turnover of Rs.
>
> 29.74 Crores.Adds 197650 shares(5.37%) in open interest pushing the
> open interest to 3877775
>
> shares.
> ---------------------------------------------------------------------------­-------
Reply all
Reply to author
Forward
0 new messages