Buy Coromandel for a target of 418

Coromandel has made a falling wedge pattern and broken out of it. It has also moved above the 50 DMA. Coromandel can be bought around 310 for a target of 418.

Buy Sun Pharma for a target of 503

Sun Pharma has broken out of its trading range and also broken out of the flag pattern formation. Buy Sun Pharma around 480 for a first target of 503.

Add more positions in BASF for a target of 783

Chart of BASF is in a long term uptrend. It recently made a falling wedge and broke out of it. Investors holding BASF can add more positions to it for a target of 783.

Buy Biocon for a target of 486

Biocon has consolidated and is back on its uptrend channel. It can be bought at the lelvels of 416 for a first target of 486.

Add more positions in Oriental Bank of Commerce for a target of 571

OBC has made a falling wedge pattern and has broken out of it. Investors holding Oriental Bank of Commerce can add more positions around Rs 414 for a target of 571.

Buy JB Chemicals for a target of 169

JB Chemicals is in a long term uptrend and has broken out of the flag pattern. It can be bought around 137 for an initial target of 169.

Buy IDFC for a atarget of 226

IDFC has broken out of its downtrend channel after taking a support at 164. Currrently its trading around 176 where it can be bought for a target of 226.

Buy IDBI Bank for a target of 200/210

IDBI Bank has been in a downtrend channel and has now taken support at 145 and broken on the upside. It can be bought around 165 for a target of 200/210.

Buy Tata Steel for a target of 714

Tata Steel is in a long term uptrend channel. Inside that it corrected slightly, and now ithas resumed back its uptrend. Investors can buy it around 660 for a target of 714.

Buy GSPL for a target of 135

GSPL has broken out of its down-trendline and has been above it for 3 days. Also its now above its 50 day SMA. It can be bought at the levels of 115 for a target of 135.

Buy Dabur India for a target of 115-120

Dabur india has broken out of its down-trend channel. Its been maintaining itself above the downtrendline for 4 days and now its also above its 50 day SMA. The stock can be bought around 100 for a target of 120.

Subscribe to Punjab & Sindh Bank IPO

Punjab & Sindh Bank is fundamentally a very strong bank, investors can subscribe to the IPO and hold it for long or for listing gains.

Sell Grasim and Crompton Greaves at cost levels

Grasim and Crompton Greaves can be sold at their at cost levels or at minor loss.
Further entry will be advised once they start looking good again.

Book profits in the following stocks

The markets have fallen a lot and broken some support levels. Before your profits get wiped out, book profits in the following stocks:
(1) Bata India
(2) Cadila Healthcare
(3) Greaves Cotton
(4) Sun Pharma

Sell and get out of Gujarat Flurochemicals around Rs 210

Sell Gujarat Flurochemicals around Rs 210 and get out of it. The stock has bounced back to its buying price. Much upside is not seen from here.

Buy Glenmark Pharma for a target of 430

Glenmark Pharma is in an uptrend. It has made an ascending triangle formation on the charts and broken out of it.It can be bought at the levels of 384, for a target of 430.

Add more positions in Karur Vysya Bank for a target of 678

Investors holding Karur Vysya bank can add more positions in it at the level of 523. Karur Vysya Bank has consilidated in a falling wedge pattern and broken out of it. Its next target can be 678.

Buy Gujarat Gas for a target of 469

Gujarat Gas has broken out of its falling wedge pattern. It has also moved above its 50 day SMA and stayed there for 5 days.. it can be bought at the current levels of 400 for a target of 469.

Add more positions in Bajaj Auto for a target of 1734

Buy more of Bajaj Auto. The stock is in a long term uptrend and has broken out of the flag pattern and can touch the levels of 1734.

Add more positions in Jain Irrigation for a target of 263/283

Jain Irrigation has broken out of the down-pattern and started moving up. Investors can add more positions in Jain Irrigation around the level of 240, for a target of 263/283.

Add more positions in M&M

Investors holding Mahindra &Mahindra can add more positions in it. The stock has consolidated and broken out of the flag pattern. The stock is still in its long term uptrend. Its next possible target can be 860.

Add more positions in Cummins India

Cummins India's uptrend is still intact, it had made a falling wedge pattern and broken out of it. Investors holding Cummins India can increase their holding here at the levels of 788. Cummins India has the potential to touch 880.

Buy Federal Bank for a target of 500 and 546

Federal Bank has finished its consolidation phase, it can be bought at the levels of 465 for a target of 500 and then 546.

Add more positions in Cadila Healthcare for a target of 879

Investors holding Cadila Healthcare can add more positions in it around 766. It is still in an uptrend and has broken  out of the flag formation.  Its next target can be 879.

Buy Allahabad Bank for a target of 284.

Allahabad Bank has finished its consolidation phase and had broken out of the flag pattern. It can be bought at the levels of 249 for a first target of 284.

Add more positions in Bank of India for a target of 629

Bank of India has broken out of its downtrend channel and seems to end its consolidation phse. Investors holding it can add more positions in it and average it out for a target of 568 and then 630.

Buy Yes Bank for a target of 394

Yes Bank is finished its consolidation, its taken support at 302, and bounced back from there.  it can be bought at 323 for first target of 394.

Add more positions in Rallis India for a target of 1502

Rallis India has finished its consolidation phase, it broke out of its flag pattern. It can be further bought at the levels of 1420 for a target of 1502.

Buy IDFC for a target of 226

IDFC has come out of the flag pattern it had formed. Its consolidation phase seems to be over. It can be bought around 188 for a target of 226.

Add more positions in Havells India for a target of 485

Investors holding Havells India can do further buying around 400 for a target of 485.