Thursday, September 29, 2011

Book profits in Bata India around 620-630

Investors holding Bata India can get out of the stock. Bata is in consolidation mode and has broken down from its 50DMA. Its looking weak on the charts.

Tuesday, September 27, 2011

Buy ACC for a target of 1137

ACC has made an ascending triangle and broken out of it. The stock is in a strong uptrend. It can be bought around 1090 for an initial target of 1137.

Buy Grasim Industries for a target of 2525

Grasim has made an ascending triangle and broken outof it. Also its 20DMA has crossed over teh  50 DMA. The sock can be bought around 2312 for a target of 2525.

Thursday, September 22, 2011

Buy Titan Industries for a target of 274

Titan Industries has made a ascending triangle and broken out of it. It canbe bought at the levels of 234 for a target of 274.

Thursday, September 15, 2011

Sell Coal India

Coal India has fallen 4% from its purchase price, the stock is looking weak. Sell and get out of it.

Wednesday, September 14, 2011

Get out of ITC

Get out of ITC, its looking weak on the charts.

Thursday, September 8, 2011

Buy Gujarat Gas for a target of 487/550

Gujarat Gas has broken out of the trading range and also the ascending triangle. It can be bought around 450 for a target of 487 and 550.

Buy GMDC for a target of 194/236

GMDC has made an ascending triangle and broken out ofit, its also made a bulling flag pattern after that. Buy GMDC around 185 for a target of 194 and 236.

Buy Havells india for targets of 400/430/470

Havells India has made a falling wedge pattern and broken out of it. Investors can buy it on the pullback rally for targets of 400/430/470.

Tuesday, September 6, 2011

Add more positions in Rallis India for a target of 190+

Rallis India is looking bulllish on the charts. Investors holding it can add more position in the stock for a tarhet of 190+

Add more positions in M&M for a target of 780/815

Investors holding M&M can add more positions in it for a target of 815. M&M is very bullish on the charts, maing ascending triangles and breaking out of it.

Add more position in Hero Moto Corp for a target of 2300

Hero Moto Corp has made an ascending triangle and broken out of it. Investors holding it can add more position into it for a target of 2300.

Buy Gold ETF


Gold looks very bullish. It has corrected a bit and offers a good entry opportunity for 3-4 months.