Sell GSFC, Crompton greaves

Book profits in GSFC.
Sell Cromption Greaves.

Sell Pfizer, RIL, GIC Housing Finance.

Following stocks have started their downtrend:


Book your profits in Pfizer.
Sell RIL and  GIC Housing Finance at cost.

Book profits in IPCA Labs and BHEL

Both IPCA Labs and BHEL are looking little weak on the charts, they can be sold and profits booked!

Book profits in Petronet LNG, Genus Power

Book profits in Petronet LNG, Genus Power

Book profits in following stocks

Book profits in LIC Housing Fianance, Gujarat Gas, Clutch Auto, Petronet LNG.

Book profits in ShivVani Oil and Gas

I will recommend selling ShivVani Oil and Gas and book your profits.

Book profits in Torrent Pharma

Sell Torrent Pharma and book your profits. Torrent Pharma on the MACD charts is now making a negative divergence - which shows a resersal of trend.

Book profits in Union Bank of India, Havells India, AIA Engineering

From my earlier buy recommendations, you can sell
(1) Union Bank of India,
(2) Havells India,
(3) AIA Engineering

and book profits! These stocks have run their course and most likely will move down from here.

Yes Bank can touch 274

Yes Bank can touch 274. A new trend is developing in the ADX charsts, as its currently at 19.34; on the MACD charts its showing a positive diverence from the past 5 days.

Immidiate tarhet is 274, and if it holds that then 288.

GSFC can move to 232.

GSFC is moving up smartly. On ADX charts its moved till 20.7 which shows a trend in development. MACD charts are also showing positive divergence for 5 consequitive days.

Target price is 232

Godrej Consumer Products can touch 285

Godrej Consumer Products is showing some strength on the charts. The ADX has moved above 20 to 22.9

On the MACD charts the MACD line is also about to cross the MACD signal line - which shows an upmove.

The immidiate target for it can be 285.

Corporation Bank can touch 514.

Corporation Bank has broken out of its long trading range. Though it closed a little lower today but it has shown strength in its charts and in the short term it can touch 514.

The ADX is at 24  which shows a new trend in development. The MACD has crossed over the MACD signal line which shows the trend is upwards.

Book profits in IndusInd Bank and Sun Pharma

Both IndusIndustrial Bank and Sun Pharma have had a good run up.
Sun Pharma has developed an engulfing bearish pattern and can move downwards from here.

Areva T&D can touch 340

Areva T&D has broken out of its long term trading range.
On the ADX charts it has moved to 24 - which shows a new trend in development. On the MACD charts it been showing lot of strength and an uptrend.

The target can be 340.

Sell Patni Computers

Patni Computers has had a good run up and is now looking weaks on the charts. Today is the 2nd consequitive day the stock has fallen.

I recommend selling the stock and booking profits.

Buy Union bank of India

Union Bank of India is moving up, its on its 52-week high.
The ADX has crossed 20 and a trend is developing, the MACD is also showing strength.

On the price charts the share has been moving up constantly from past 6 days.

LUPIN can move further up

Lupin is on its upward march since 22-Feb, currently it is  at its 52-week high levels. On the ADX charts its at 19, just approaching the 20 mark.
If it successfully crosses the 20 mark with +DI remaining higher than the -DI then a giger upmove is possible.

The MACD charts are also showing shtrength of an uptrend.

Cipla can touch 363

Cipla is developing a new trend as the ADX is touched 23 with DI+ higher than the DI-.

The MACD charts show strength and the trend movement is upwards.

Cipla is likely to touch 363.

Alerts for sell ...

ACC, Piramal Healthcare, Godrej Consumer products, Novartis India an Axis Bank- all can be sold. Weakness is seen on the stocks and further downward movement is possible.

Buy IndusIndustrial Bank for target of 170 and 180

IndusIndustrial Bank is on a long term uptrend. Its been rising stedily upwards with the trend-line. Both short-term and long term investors can make entries in it.

On the ADX charts the ADX hasmoved above 20 to 25.
The MACD line has also crossed over the MACD signal line.

Disclosure: I hold the stock in  my portfolio.

Buy IPCA Labs

IPCA labs has broken out of  its long trading range.

The MACD signal line has also moved above the MACD line which confirms an uptrend.


Disclosure: I hold the stock in my portfolio.

Gujrat Gas is a buy!

Gujrat Gas is breaking out of its long term trading range.

On the ADX charts its managed to move to 21 - which shows a start of the trend.
On the MACD charts - the movement looks upwards as the MACD line has crossed over the MACD signal line.

Disclosure: I hold it in my portfolio.

Berger Paint can touch 61 and then 64.

Berger Paints can touch 61 in the short term and if that holds then 64 can se seen.

On the ADX charts the +DI has made a cross-over the -DI and on the MACD charst the MACD line has crossed over the MACD signal line. These positive signals show an upmove.

Book profits in Amtek India .

Amtek India is looking weak on the charts and it is a sell candidate.
On the ADX charts its turned around from the 38 level to 36 - which shows weakness in the trend.
On the MACD charts the MACD signal line has moved over the MACD line and shows weakness.

Havells India can be bought for targets of 575 and 600.

Havells India is developing a new trend, the ADX is at 22.85. On the MACD charts the MACD line has crossed MACD signal line - which shows the trend upwards.

The immidiate targets could be 575 and if thats crossed then 600.



Disclosure: I hold it in my portfolio.

Traders can buy Torrent Pharma

A new trend is developing in Torrent Pharma. The ADX has moved above the 20 mark to 24. The trend is up which can be confirmed by the MACD charts - where the MACD line has crossed over the MACD signal line to move upwards.


Disclosure: I hold it in my portfolio.

Tata Motors can se sold.

Tata Motors look weak and can be sold.
The ADX line on the ADX charts is moving downwards which shows the end of the current trend.
On the MACD charts weaakness is seen and it showing a downward movement.

HCL Tech looks weak and can be sold by traders

HCL Technologies is trading with very low volumes. On the MACD charts the MACDline has crossed over the MACD signal line and is moving downwards.

On the ADX charts the DI- line is above the DI+ line and the ADX line is moving upwards towards the 20 mark which shows that the new downtrend is in the begining.,

Traders can sell Cadila Healthcare

Cadila Healthcare has started looking weak on the charts. A slight correction is seen from these levels. Traders can exit heir long positions.

On the ADX charts it has peaked out at 35 and now turned around downwards..

On the MACD charts, the MACD line is just about to cross-over the MACD signal line and move downwards.

Patni Computers marching upwards.... can touch 526

Patni computers can touch 526. The trend has already started few days back. The ADX is at 24.5 - which shows a strong trend in making.

The trend is up as seen in the MACD charts and the trend line.

Disclosure: I hold it on my portfolio.

Novartis can touch 550 and 568.

Novartis India after a long sideways movement is ready for an upmove.

On the ADX charts the ADX line is at 19.23, approaching towards 20 - which depicts a start of a trend.  The trend is upwards as seen on the MACD charts.

Novartis can touch 550 and then 568.


Disclosure: I hold it in my portfolio.

Shiv-vani Oil is on the move...

Shiv-vani Oil is constantly moving upwards. It can be bought at these levels of 370.

On the ADX charts after showing an initial dip to 23 it has moved back to 28 - which shows that the trend is strong.

On the MACD charts the MACD signal line has crossed over the MACD line - which shows the start of the uptrend.

GIC Housing Finance can touch 95

GIC housing Finace has immidiate tarhet of 95 and moving up further it can touch 100.

On the ADX chart it has just touched 20 and the +DI is much higher than the -DI. A new trend is in the making.

On the MACD charts its showing upward movement from the last 4 days; with slight increments in volumes as well.


Disclosure: I hold it in my portfolio.

Buy UCO Bank

UCO bank can be bought at these levels. It has broken the triangle on the upside with increasing volumes.

Also the MACD signal line has crossed over the MACD line - which shows strength on the charts.

Immidiate upside target could be 64.



Disclosure: I hold it in my portfolio.

Buy Dena Bank

All stock under the Banking sector are showing strength.
Dena Bank has moved up smartly. The ADX indicator has just moved above 20 which shows begining of a new trend.
The MACD indicator is also progressing up daily.

ACC is a buy

A new trnd is developing in ACC as shown by the ADX chart. The ADX indicator is just passed above the 20 mark, with +DI at 28, and -DI at 14.

The up-trend is confirmed by the MACD which is rising continously. 


Disclosure: I hold this stock in my portfolio.

Ultratech Cement is a sell

Ultratech Cement is a sell. The cement sector as a whole look over-run.
On the AXD charts the ADX line has penetrated below the 20 mark.
On the RSI charts, the indicators have turned around from the over-bought levels and are moving down.

On the MACD charts, the MACD signal line has peaked out and turned around and is about to cross the MACD line. 

Bajaj Auto is a sell for traders

Bajaj Auto is a sell. On the ADX charts its piercing below the 20 mark thus indicating the end of a trend. On the RSI charts its moving towards the oversold territory. On the MACD charts the MACD signal line is just about to cross over the MACD line - which shows the end of the trend.

Hero Honda is a sell for short term traders

Hero Honda is a sell for short-term traders. On the ADX charts its moved into a trading zone from trending zone. On the RSI charts it is in the over-bought territory.
These signals are early indicators for a weak trend in the Hero-Honda prices and further fall is seen.

LUPIN is a sell

Short-tern traders can sell LUPIN,  as its broken down from its trading range. Also on the ADX charts the -DI line has crossed over the +DI line which shows weakness.
Weakness is also seen on the MACD charts where the MACD signal line is breaking below the MACD line.

Praj Industries is a buy

Praj Industries has finished its downtrend. Its out of the down trend channel and has formed a narrow range uptrend.  The ADX chart peaked out at 41 and now closed at 39.83 which shows that the downtrend is over. With that the MACD line has also shown a U-turn and started to move upwards. 

Disclosure: I hold this stock in my portfolio.

Cairn India is a buy

Cairn India has broken out of the downtrend channel.

The ADX has peaked out at 36 and turned around, currently at 34 - which shows that the downtrend has finished.

On the MACD charts the MACD line is taking a U-turn and started to move upwards - which shows a bullish trend in setting.


Disclosure: I personally hold this stock.

Petronet LNG looks good....

Another buy call be for Petronet LNG. On the charts its been making higher lows and higher highs from the past 3 days - which shows strength for the stock.

On the RSI chart, the RSI line has moved from the oversold level to close to 50 level.

On the ADX charts the DI+ has crossed over the DI- line which shows buying strength for the stock.

Disclosure: I hold this stock in my portfolio.

CADILA HEALTHCARE on the move!

Cadila Healthcare is moving up very smartly. Defying all the down-trend in the market the stock hasn't broken down much.

The ADX line is at 21.89, the DI+ (buyers) is showing a strong uptrend, and the DI- (sellers) is weakining - which is a good sign.

The RSI chart is showing strength as well.

On the MACD charts, the MACD line has just crossed above the MACD Signal line - which depicts n upmove.

The stock can be bought and heold for short term.


Disclosure: This stock is in my personal portfolio.

BAJAJ AUTO a buy in the short term

BAJAJ AUTO is a buy in the short term. Its showing strength as its moved and closed above its 20 Day EMA.
On the RSI Charts its made a turn from the oversold levels and moving up.

BuyMaruti at current levels

Maruti is a buy at current levels of 1455.

On MACD charts the MACD line has shown a crossover the MACD Signal line.

On the RSI charts its recovered from the oversold levels.

NIFTY's new range

The Nifty could test the 5300-5320 range on the up side, while on the down side it could find support at 5160 and 5200.

Bullish on Mid-caps banks.. BUY

In the short term, mid-cap banking stocks good. These stocks have the capability to move much higher in coming two months.
Fundamentally UCO Bank, Bank of Rajasthan, Dena bank are very strong. They can be bought at current levels of Rs 55, Rs 76, Rs 83 respectively and can move substantially upwards.

Interest rate hikes in bank loans are not going to take place before June 2010.

Disclosure: I have holdings in UCO Bank, Dena Bank

New trading hours for NSE and BSE

From 4 January 2010, trading will start at 9:00 IST and close at 15:30 IST compared to the current timing of 9:55 IST to 15:30 IST.

So wake up early!

OMCs valuations seem full

The government had not issued any oil bonds and that has raised serious concerns regarding the delay in the issue of oil bonds. However, the
finance secretary's statement on compensating the OMCs in cash instead of oil bonds if implemented will be a positive and is expected to allay the concerns related to the intention of the government with regard the OMC compensation.

The positive indications from the government on the subsidy front, the hike in automobile fuel prices and the oil moving in a narrow band for sometime have led to a steep run-up in the stock prices of the OMCs. Since April 01, 2009, IOCL, BPCL and HPCL are up.

Hence, at the current market price, it is believed that the valuation of the OMCs seems full. We highlight here that any development or any notification from the government related to the de-regulation of the automobile
fuels could result in the re-rating of the OMCs.