Invest Without Emotions
A 6% return in a 5 days time and the scrip still headed up. [stockquote]KFA[/stockquote] was trading cheap about a week ago. With hopes of FDI in the airline industry, it seems to have gotten the push. The technicals as of yesterday suggest a hold, but fundamentals haven’t improved that much over the week.
Prices pierced through the last 20 days triangle with the support of higher volumes suggesting a bullish breakout.
So, set your stop-losses at 9.50 and wait for the trend to play itself out. 
Stocks worth more than Rs.1000 a year ago show an average yearly return of 9%, versus the 4% and –2% of [stockquote]NIFTYBEES[/stockquote] and [stockquote]JUNIORBEES[/stockquote].
The NIFTY ended on a bullish note, shooting up +2.29% for the week.
Biggest losers were IDFC (-5.07%), BHEL (-3.89%) and TATAPOWER (-3.42%).
And the biggest winners were HCLTECH (+5.99%), MARUTI (+5.40%) and INFY (+5.32%).
Advancers lead decliners 34 vs 16
Gold: +2.37%, Banks: +1.30%. Infrastructure: -1.67%
Net FII flows for the week: $17.76 mm (Equity) and -$273.72 mm (Debt)
China’s plans to build roads to nowhere (again), ECB’s unlimited bond-buying boosted the markets.
Daily news summaries are here.
Goldbees [stockquote]Goldbees[/stockquote]touched an all time high yesterday with corresponding sky rocketing RSI;
Currently trading at 
Looks like a Wait/Keep away for the short term.
The bird in the picture is none other than the brightly colored Kingfisher. Wikipedia has established in their status and conversation page on Kingfisher (birds) that “A few species are considered threatened by human activities and are in danger of extinction”. Can it be true for the Indian Kingfisher airlines [stockquote]KFA[/stockquote] as well?
Let’s have a look at what the technical tools are suggesting.
Prices have broken the 6 months trend line with good volumes. The heavy buying at the 52 weeks low also is suggestive of a potential resistance (You might want to check for another bounce back for confirmation).
Going forward, Guppy’s short term lines contraction are clearly suggesting an up move for the scrip in the near term. MACD is also lending a hand for this suggestion as the MACD line has just crossed the signal line from below (Pointing an upward possibility) .
Technicals suggest a short-term buying opportunity in Kingfisher. But long-term issues remain unresolved – this is purely a short-term, technical call.