BUY TTML with a SL 27, TGT 30.45

Clearly TTML has broken out from the range with volume after having consolidated in the channel for long period. The 5 EMA has crossed 30 DMA and stock has closed well above it.
MACD cross over and RSI are also showing support for positive development.
The immidiate target for the stock stands at 30.45.

Sell BEL @ 1820,sl 1830, TGT 1800-1790

The uptrend in BEL that started from 20 th November has broken as we can see a
visible break in trendline. Also RSI is 69.58 and stochastic indicator is at a level
90.96 which are clearly indicating overbought condition. A 38.2 % retracement from
low of 1560 on 20 th November to 1870 of 4 th December can take the stock to a level of 1790 very easily. Day traders should go short @1820 keeping a stop of 1830,
just above the % day EMA.The target should be 1800-1790.