Buy Lloyd Electricals and Engineering for a target of 95

Lloyd Electricals and Engineering has broken out of the symmetrical triangle and it can be bought at the level of 80, for a short term target of 95.

Buy BASF India for target of 460

BASF India can be bought around 420 levels for a target of 460.
Its consolidated and made a good base formation and is trading close to its long term trend-line.

Buy UB Engineering for target of 200-220+

UB Engineering can be bought at these levels of 188 for a target of 200-220. It has been in a consolidation phase since mid April; and has recently come down to 165 which is very close to its long term trend line, from where it has bounced back.

The fundamentals of the company are very strong, and the stock can be bought for short term targets of 200-220.

Buy Rallis India for long term investment for a target of 1640

Rallis India has been in an uptrend since Jan 2010. It has touch its long term trend line thrice which confirms its long term upmove. Currently its made a base around 1017 and is trading close to its trend line.
Rallis has shown a remarkable improvement in its results, its EPs has grown at the rate of 30%, profist have risen 30%, itshas reduced it debt by 90%

It can be bought at these levels for a target of 1640.

Buy Glenmark Pharma with a target of 290-350

Glenmark Pharma has made a good support at 250 and it has bounced back from there. It also touched its long term uptrend line at 248.
From here on it can touch 290 and if that level holds then it can touch 350 as well.

Book profits in TTK Prestige.

TTK Prestige has shot up a lot in the past 3 trading sessions giving a whooping profit of 40% from teh date of recommendation. This stock can be sold and profits booked as this rally doesnt look sustainable as its a low equity stock. Profits can be booked now and further buying will be recommended on falls.

Buy BEML with a target of 1100.

BEML has been in a downtrend since Jan2010. its broken the down-trned line and closed above it at 1009. It can be bought at those levels with a target of 1100.

Tata Chemicals can be bought with a target of 356

Tata Chemicals has broken out of its symmetrical triangle. It can be bought at the levels of 319 with a target of 356. Its also made a base at 306 and has been trading close to its long term trend line - which makes it a good entry point.

Tata Steel can be bought with a target of 550 and 600

Tata Steel has made a base at 450. It has also broken out and closed above its 2 month down-trend line. it can be bought at the levels of 490 with a target of 550 and 600.

Balmer Lawrie can be bought at current levels with a target of 680 and 750.

Balmer Lawrie has made a base at 565 and has broken out of the triangular pattern with increasing volumes.

Balmer Lawrie has alse been in a long term uptrend since Aug 2009.

Bajaj Electricals can be bought with a target of 240

Bajaj Electricals is in an uptrend since Aug 2009. Recently it just touched its long term trend line at 200. Its broken out of the triangular pattern and resumed its upmove. Its medium term targets can be 240.

Buy Compton Greaves with a target of 265/280

Crompton Greaves has been in a long term uptrend since June 2009. Recently from past 6 weeks it has consolidated and touched its long term trendline at 230. It resumed its upmove again and broken out of the tiangular formation. It can touch 265, and if that holds then 280.

Buy Cadila Healthcare for target of 670-690

Cadila Healthcare has been in a steady upmove from July 2009. Its moving up constantly and steadily. Currently its trading close to its long-term trend line and can be bought between 600-615 for a target of 670-690.

Buy Century Textiles for a target of 500/550

After falling down for 6 weeks, this week Century Textiles has consolidated and closed positively this week on weekly charts. Its formed a base at 421, and also broken out of the symmetric traingle. Its targets can be 500 and if that holds then 550 is also achievable.

Buy GMDC with a target of 150-160

GMDC has been falling since Feb 2010. Today it has broken out of the long term down-trend.  It has made a base at 109 and has broken out of the triangular pattern formed since Feb 2010.

Its targets are 150-160 in the medium term.

Buy Elecon Engineering for a target of 85-100-110

Elecon Engineering has been in a long term down-trend since Nov 2009. It has also broken on the upside of the triangular formation since Nov 2009. It can be bought for medium term for targets of 85-100-110.

Buy BHEL with a target of 2400 and 2500

BHEL can be bought around 2337 with a target of 2400 and 2500. BHEL has just broken out of the triangle formation and closed above it. It has also touched its long term trend line at 2263 and bounced up from there. Allin all the price movement of the stock looks positive.

Buy Havells India with a medium term perspective, for a target of 800

Havells India can be bought around the levels of 625 for a target of 800 in the medium term.
its broken out of the triangle consolidation and is trading close to its 52-week high of 674. Its got support at 600.

Buy PNB for medium term investment

PNB (Punjab National Bank) has broken on the upside of the triangle formation. It is also trading close to its long term trend line - which makes it a good buying price. It can be bought anywhere between 990-1023 for medium term horizon. Some resistance is sen at 1045; but once it crosses that then it would be touching 52-week high and making new highs.

Book profits in the following stocks

You can book profits in the following stocks. They all have had a good run-up and before they turn down or start to consolidate profits can be taken home.

(1) Torrent Pharma
(2) Yes Bank
(3) Colgate
(4) Novartis India
(5) Shriram Transport Finance

Buy Aventis Pharma for 3-6 months

Aventis Pharma can be bought around 1840. it has been in an untrend since Jan 2010. Currently it has just touched the long term trend line and is honouring it well. It can be bought with a time horizon of 3-6 months.

Buy Greaves Cotton for long term

Greaves Cotton is in a solid up-trend since Sept 2009. It can be bought around 340 for for long term. The ideal buy price would be around 325 where it would be trading close to its long-term trend line.

Buy TTK Prestige with a target of 700 and higher.

TTK Prestige and finished its consolidation phase, and has also broken on the upside of the triangular pattern. The indicators are positive and show a development of a new trend in the stock. It can be bought with a target of 700 and higher.

Buy Pfizer with a target of 1126 and higher.

Pfizer is trading close to its 52 week high. Its just broken out of its 3 month trading range of 999 - 1086. The indicators also indicate a start of a new trend. it can be bought with a target of 1126 and higher.

Sell Binani Cement

Binani Cement can be sold at cost to cost. Few days ago I had given a buy call, but it doesn't seem to be a right call. Usually during monsoons the cement demand is low and the cement stock don't perform well. Surprisingly cement stocks are still rallying.
This year the monsoon is also on time and not much upside will be seen on cement stocks for the time being.

Buy Binani Cement with a target of 85

Buy Binani Cement around 79 with a target of 85.

Buy NALCO with a target 450 and 470

Buy NALCO around 427 with a target of 450, and if that hold then 470 can be seen.

Buy IPCA Labs for a target of 280 and 300

IPCA Labs can be bought around 270 for a target of 180 and 300. It has broken out of the triangle pattern on the upside;also its making higher highs since last 4 days.

Buy Colgate for a target of 772

Colgate can be bought around 738 for a target of 772. It has broken out of the diamong consolidation and has remained above it for 2nd consequitive days.

Buy Blue Star with a target of 435-440

Blue Star has broken out of a triangle pattern on the upside and is developing an uptrend and can be bought around 404, for a target of 435-440.

Buy Siemens for a target of 733 and 766

Siemens has made a good base formation at 657, it has also broken the triangle formation on the upside. It is currently trading around 700 - it can be bought at these levels for a target of 733 and then 766.

Buy Sun Pharma for a target of 1691 and 1750

Sun Pharma has fallen a lot with the market and has formed a good base at 1516 and on Tesday 25th May it has also broken the triangle on the upside. It can be bought around 1585 for an immidiate target of 1691, and if that holds then 1750 can be seen.

Buy Novartis for target of 622

Novartis is on an uptrend even in this falling market and can touch 622 - where it can face some resistance. It can be bought at teh current level of 600.

Sell and get out of following stocks....

Sell close to cost price and get out of following stocks....
(1) Cadila Healthcare
(2) Godrej Consumer Products
(3) ITC
(4) GAIL

Buy Elecon Engg for a target of 88-94.

Buy Elecon Engg for a target of 88-94.

Buy Marico for a target of 122

Marico is in a uptrend and can be bought around 114 for a target of 122.

Buy ITC for a target of 280+

 ITC looks positive on the charts and it can be bought around 266 for a target of 280+

Get out of Dena Bank

Dena bank looks weak on the charts and can fall from here. For the time being its recommeneded to get out of it.

Book profits in Axis bank.

Book profits in Axis bank. It has had its run for the time being. It can be re-entered later at lower levels.

Buy Godrej Consumer Products for a target of 340

Buy Godrej Consumer Products around 325 for a target of 340. The stock looks quite bullish on the charts.

Buy Elecon Engeering for a target of 88/90

Elecon Engeering can be bought at the current level of 82, for a target of 88 and then 90.

Buy Cadila Helathcare for a target of 620+

Cadila Healthcare is on the upmove and can be bought around 600 levels for a much higher target of 620+

Buy Gujarat Gas for target of 305+

Buy Gujarat Gas at at 292 for target of 305+
This is looking very positive and strong on the charts.

GIC Housing Finance can touch 103

Buy GIC Housing Finance around 98, it can touch levels of 103.

Buy Torrent Pharma, it can touch 555

Torrent Pharma can be bought at 530, for a target of 555. Its crossed and closed above its 20-day EMA, and is also made good support levels at the up-trending line.

Buy M&M for a target of 575

M&M was trading at 554 today. It has given a closing above the 20-day DEMA. It can be bought for a target of 575.

Buy Yes Bank, with a target of 288, 300.

Yes Bank can be bought at 275, for a target of 188,  and if that holds then 300.

Sell where ever you are profiting!

Sell all stocks where you are profiting. NIFTY can broken the crucial support of 5200 and now can test 5040 on the down-side.

Booked profits in the following Stocks:
SBI,
Lupin,
LIC Housing Finance,
Colgate,
BASF

Buy Shriram Transport for a target of 600+

Buy Shriram Transport at 570 for a target of 600+

Buy Canara Bank for a target of 438

Buy Canara Bank at 424 for a target of 438 and beyond.