Viewing Stock Pick for NSE Each week we profile a stock that we...

Viewing Stock Pick for NSE


Each week we profile a stock that we believe as a great chance to increase in the medium term (3 - 6mths).

These stocks are chosen by using a mix or our own reseach tools including Directors activity, the Nielsen Supply/Demand Indicator and broker consensus data.

These picks are designed as a starting point for you to investigate further if you wish. Make sure you come back each week to see what we have found.



Symbol / Company
NSE /
Date Picked
01-05-2013
Price When Picked
$0.145
Company Overview
Here is an oil and gas explorer with great potential in the medium term. We are mainly picking this on a technical basis where we see Directors buying and smart money coming in.

Currently the price is sitting on a support level at 14.5c after falling slowly from around 70c.

Definitely worth a punt at these prices
Nielsen Indicator Buying Level
0.65
Weekly Trend Analysis
downtrend
Daily Trend Analysis
downtrend
Short Term Support
14.5
Short Term Resistance
19c
Broker Analysis
Num. Analysts in Sample Recommendation
3 Buy

Director Activity
Date Director Action Volume Average Price Total Consideration
12-12-2012 Philip Thick BUY 60,000 $0.300 $18,000
09-04-2013 Bryan Hughes BUY 100,000 $0.050 $4,950
15-04-2013 Philip Thick BUY 250,000 $0.175 $43,750