Buy Petronet LNG for a target of 147

Petronet LNG is in a uptrend and has broken out of the flag pattern. It can be bought at 117 for a target of 147.

Buy IndusInd bank for the first target of 337

IndusInd bank has broken out of its pendant formation. Currently it is trading at 290, it can be bought at these levels for a target of 337.

Apply for MOIL(Manganese Ore India ltd) IPO

MOIL(Manganese Ore India ltd) is a fundamentally strong company. Its IPO can be subscribed at the higher band of 375. It can be held for long term or one can also take listing gains from it.

Book profits in Powergrid Corporation

Book your profits in Powergrid Corporation. The stock has fallen and broken key support levels. Sell it around 93.50 and book profits.

Add more positions in Crompton Greaves

Crompton Greaves has broken out of the ascending triangle formation. Its looking strong on the charts. Investors can buy more stocks here at the level of 343. The target has been upgraded to 380.

Buy LIC Housing Finance

LIC Housing Finance is very strong fundamentally. Nothing is wrong in the company or its structure. The recent scam is only an individual's greed.
People holding it can buy more at the levels of 1070 and average their holding price. The stock will bounce back smartly in weeks to come once the CBI report is out..

Buy Hero Honda with a target of 2050

Hero Honda is in an uptrend inside a trading range. It can be bought the the current levels of 1935 for a target of 2050.

Book your profits in following stocks

Following stocks have broken down from their trend-channel and also broken their support levels. Sell them and book your profits.

(1) J B Chemicals
(2) Gujarat Gas
(3) Corporation Bank
(4) PNB
(5) Federal Bank
(6) Dena Bank.

Most of thebanking stocks are breaking their support levels. Book your profits now. Later if they bounce back then fresh entry will be advised.

Buy Thermax for a target of 986

Thermax is in a long term uptrend. Recently it has made a flag pattern and broken out of it. It can be bought around 890 for a  target of 986.

Book profits in Siemens India

Book your profits in Siemens India. Siemens has broken down from its trend channel and is now trading in a trading range. Sell it around 807. Fresh entry will be advised once it agains starts an upmove.

Book profits in Ultratech Cement

Ultratech Cement is showing weakness and has plunged back into its trading range, investors can sell and take their profits from it. Also it has been trading at high P/E multiples of 39 and is a risky bet to hold now.

Book profits in Tata Chemicals

Book your profits in Tata chemicals. It has broken down from its up-trendline and also broken its support levels. Sell it and take profits home.

Sell Maruti Suzuki

Maruti Suzuki moved up smartly and now is again looking weak on the charts. The smart upmove helped us to recover the losses. Sell it around the cost price (Rs.1476) and get out of it.

Buy IFCI for a target of 83

IFCI  has been in a range upto Sept end, in Oct it broke its range and has been moving up smartly. in last 2 weeks it was again in a range and then broke out of it. IFCI can be bought around 77 for a first target of 83.

Book your loss in Divis Labs

Sell Divis Labs and book 5% loss in it. The stock is trading in a range since a long time and hasn't moved much is past 3 months. Its an underperformer in the Pharma pack.

Gujarat Gas target set to 435

Investors can continue to hold Gujarat Gas, it has consolidated and broken out of the falling wedge formation. Its next target can be 435.

Subscribe to the Powergrid FPO.

Investors can subscribe to the Powergrid FPO at the price of Rs.90. Fundamentally the company is okay and too great, so subscription can be done with the view of listing gains around  Rs.105. Investors with some medium term oulook can een expect it to touch Rs 125.

Buy LIC Housing Finance for a target of 1600

LIC Housing Finance is in a long term uptrend, it has broken out of the bullish wedge pattern and can be bought at the lvels of 1400 for a target of 1600.

PNB target revised and upped to 1440

PNB's has achieved its 2nd target price of 1350, it's 3rd target is 1440. If it holds above 1360 for few days then it can achieve 1440 in the coming weeks.
VERDICT: Continue to hold it and see it grow!

Buy BASF for a target of 760

BASF can be bought aroud the levels of 700, for an intermediary target of 760. On the charts BASF has made a ascending triangle, and about to break it. It is also on an upward rising channel.

Book profits in Coal India

Short-term Investors can book profits in coal India around these levels of 335. Coal India's one year target was 350 but it has already achieved it within 3 days of its listing. Investors can book profits and take their gains home.

Buy Grasim Industries for a target of 2500

Grasim Industries had earlier broken down from  its uptrend trading channel - where a sell call was given But now it has held onto its support levels and has bounced back from there. It has moved back to its up-trend channel and also moved above the 200 DMa - which depicts a bull run in the stock. The stock can be re-purchased at the current levels of 2365 for a first target of 2500.

Buy Havells India for a target of 460

Havells India is in a long term uptrend; recently it consolidated and made a flag pattern; it broke out of that pattern and can be bought at the levels of 420 for first target of 455.

Buy Cummins India for a target of 870

Cummins India has broken out of its 2 month trading range. It is in a long term uptrend. It can be bought at the levels 0f 795 for a first target of 870.