Friday, June 29, 2012

Get out of Welspun India

Welspun India is not performing as per out expectation. Its trading close to its cost price. Sell and get out of the stock. 

ONGC - target achieved

ONGC has achieved its target of 282. Continue to hold the stock as it has potential to go up further.

Monday, June 25, 2012

Get out of NIIT Tech

NIIT Tech is not performing as per our expectation. Sell and get out of the stock.

Saturday, June 23, 2012

Buy Bata India for a target of 1044

Buy Bata India around 851, for a target of 1044, in around 25 trading days. Keep SL of 810.

Buy Divis Lab a for target of 1059

Buy Divis Lab around 952, for a target of 1059, in around 10 days. Keep a Stop Loss of around 929.

Buy Ramco Systems for target of 161

Buy Ramco Systems around 141 for target of 161. Keep a SL of 132. The target is achievable in around 19 trading days.

Buy India Infoline for target of 58

Buy India Infoline for target of 58 in around 6 trading days. Keep a SL of 58.

Buy Venkeys India for target of 532

Buy Venkeys around 441, for a target of 532 in around 10 days. Keep a Stop loss of 432.

Friday, June 22, 2012

BuyDishman Pharma for a target of 70 in 10 days

Buy Dishman Pharma around 60, for a atarget of 70 in 10 trading days. Keep a Stop loss of 55.

Wednesday, June 13, 2012

Buy ONGC for a target of 282

ONGC has made an inverted H&S pattern. Buy it around 260 for a target od 282 in 12 days. Keep a Stop loss of 255.

Buy GAIL for target of 373

GAIL has made an inverted H&S pattern. Buy it  around 337 for a target price of 373 in 13 trading days. 
Keep a Stop loss of 324

Buy Federal Bank for a target of 550

Buy Federal bank around 428, for a target of 550 around 36 trading days. Keep a Stop Loss at Rs.416

Buy Everest Industries for a target of 211 in 16 trading days

Everest Industries has made a up flag pattern, and broken out of it. Buy it around 182 for a target of 211 in 16 trading days. 

Book profits in Glenmark Pharma (13%)

Book profits in Glenmark Pharma. The stock has ha a good run, and safe investors can sell and book profits.

Friday, June 8, 2012

Buy Reliance Capital for a target of 372 in 7 days

Reliance Capital has made an inverted Head and Shoulder patter. Investors can buy it around 336 for a target of 372 in 7 days. Keep a stop-loss of 326. 

Sell 30% holding from NIIT Tech

NIIT Technologies is looking weak on the charts. The 5DMA and cross over the 13DMa from top. Investors holding it can sell 30% of their holdings in it.

Tuesday, June 5, 2012

Buy McLoed Russel for target of 374

Buy McLeodRussel around 275 for a target price of 374 in around 21 trading days. Keep a Stop loss of 269.

Get out of the following stocks

Stop loss has been trigerred in the recommendations given below. Sell and get out of it.
(1) Apollo Hospital
(2) Bombay Dyeing (not performing as per expectation)
(3) Delta Corp