Hawk Eye

I have little knowledge about the fundamentals of the following.I have heard of Moschip before. Moschip has been making some noise in the last 1 year.Other than that,lets analyse ( at my friends request)how Moschip and the others fare.

Moschip (CMP:25)/MOSCHIP :
Long term and near term support is at 24.5. Which is why we see that the scrip is loitering around the same level after a year.When it broke the resistance Jan 07,the resistance level became the new support.Thus ,the scrip raced to 37.5 and fell back at its support at 29. This support was finally broken in March leading to a sharp fall.
My advise would be ,if you are interested in small profits, buy now and sell at 27. Or,if you prefer to wait for THE BIG FISH, prefer better returns elsewhere,wait for a break above 27.5 and then buy into it then.We may have 2 courses here. The exit point would be a close below 23 in any case.Money making oppurtunities exists only on a breakout from triangles and rectangles.( That breakouts do happen in the downward direction too is a possible scenario) which is why i make a mention of stop-loss of 23.No a sound investment for the moment.





Carol Info(CMP:54)/CAROL :
The technicals first. Moving average signals a buy.MACD positive.OBV positive.Currently,near term support is at around 54,the scrip is just a tad below its support.Hmm.. Even when the market hit rock bottom,this scrip still seems to trace an ascending path.

Cons :
The scrip is distributed.The scrip moves on thin volumes.So, any bad news,investors are stuck with no immediate exit routes.

My comments:
Buy at around 50-52 range with stop-loss at 45.If volumes do not bother you, you may enter this scrip. I dont hold any fundamental views on this scrip though.

Advanced Micronic Device (Rs.32)
The price pattern traced by the chart is erratic.Less said the better.High risk.Low liquidity.Exit if invested.Stay away if not. Look for better investment avenues.