Thursday, June 30, 2011

Buy Lupin for a target of 500/525

Lupin has made an ascending triangle and can be around the levels of 448 for a target of 500/530. A top loss of 416 can be maintained.

Buy Mcloed Russel for a a target of 290/330

Mcloed Russel has made an ascending triangle and broken out of it. Investors can make entry into it around 270, for a target of 290 and 330.
A stop loss of 245 can be maintained.

Tuesday, June 28, 2011

Buy LIC Housing Finance for a target of 260

Add more positions or make fresh entry into LIC Housing Finance around 230 for a target of 260. Stop loss can be set at 216.

Buy IndustInd Bank for a target of 300/340

Investors holding this can add more positions in it and fresh entry can also be made around 270. Targets can be 300 and 340.
Keep a stop loss of 240.

Buy IGL for a target of 400/436

IGL has broken its stiff resistance of 360 and maintained to stay on top of it. It can be bought at the levels of 370 for a target of 400 and then 436. Stop loss of 355 can be maintained.

Buy IPCA Labs for a target of 360 and 400

IPCA Labs has made a good base around 320 levels. It  can be bought around 335 for a target of 340 and 400.  Keep a stop loss of 320.

Tuesday, June 21, 2011

Book profits in TTK Prestige

Book profits in TTK Prestige. It has had a good run and now it is in consolidation mode. Further investment will be advised when the stock starts its upmove again.

Monday, June 13, 2011

Add more positions in Divis Labs for a target of 900

Divis Labs is making new highs and moving up strongly. Investors already holding it can add more positions in it around 800 for a target of 900.

Friday, June 10, 2011

Add more positions in Federal Bank for a target of 507

Federal Bank has met its initial target of 456, the stock looks strong and the uptrend continues to be robust. Investors can add more positions here around 448 for 2nd target of 507.

Book profits in Gujarat Fluorochemicals

Gujarat Fluorochemicals has given good returns, and now its moved into condolidation phase. Investors can sell around 351 and book profits for the time being as long as the stock lingers in this consolidation phase.

Wednesday, June 8, 2011

Book losses in Jain Irrigation.

Investors can sell Jain Irrigation and book losses in it. It looks really weak on the charts.

Add more positions in Sun Pharma for a target of 515.

Sun Pharma has made an ascending triangle and has broken out of its resistance zpne of 470.  Investors already holding Sun Pharma can add more postions in it around current levels of 480 for a target of 515.

Wednesday, June 1, 2011

Add more postions in Glenmark Pharma for a target of 364

Investors holding Glenmark Pharma with losses can average their postions by buying aroun Rs 303. Glenmark Pharma looks strong now and has broken out of the ascending triangle. Its next target can be 364.