Stocks Calls for May 14 - Kailash Pareek

Look the chart of Exide Industries, and see how one pattern in another same pattern. It has a positive breakout from IH&S and now ready to give breakout from bigger IH&S.

As I hinted in my last post, the market is facing stiff resistance. One rumor that ran throught the day was about India's Left parties withdrawing support to the ruling Congress-led UPA government.

Anyway, below are some calls:

Ansal Infra - Short below 159;

Syndicate Bank - Short below 74;

Enjoy.