Buy HDFC for a target of 751

HDFC has made an ascending triangle. it can be bought at the levels of 670 for a target of 751.

Add more positions in Grasim Industries for a target of 2583

Grasim Industries is in a long termuptrend, it can be bought at the levels of 2378 for a target of 2583.

Add more positions in Bank of Baroda for a target of 1020

Bank of Baroda has made an ascending triangle. Investors holding it can add more positions in it around 900. Its target price has been upped to 1020.

Buy DrReddy for a target of 1760

DrReddy has made an ascending triangle and can be bought at the levels of 1595 for an initial target of 1760.

Buy Bajaj Finance for a target of 726

Bajaj Finance has made and broken out of an ascending triangle. It can be bought at the levels of 663 for a target of 726.

Buy Canara Bank for a target of 715

Canara bank has made an ascending triangle and it can be bought at the levels of 619 for a target of 715.

Buy Bata India for a target of 441

Bata India has made a falling wedge pattern. Its taken support at 300 and broken out of it. it can be bought around 331 for a target of 441.

Buy Cadila Healthcare for a target of 825-830

Cadila Healthcarehas taken support at 730 levels and has bounced back, its next reisistance is at its 50DMA of 779. Once it crosses that its target can be 830.

Buy Gujarat Flurochemicals for a target of 316

Gujarat Flurochemicals has taken support at its 50DMa and bounced back. Its in an uptrend channel and can touch 316. It can be bought at the levels of 279 for a atarget of 316.

Buy HCL Tech for a target of 510-515

HCL Tech is in an uptrend, it has taken support at its 50DMA, it can be bought at the levels of 480 for a target of 510.

Add more positions in Karur Vysya Bank for a target of 633

Karur Vysya Bank has made a falling wedge pattern and has broken out of it. It is also trading above it 50 DMA - which shows strength. More positions can be added to it around 535 for a target of 633.

Buy M&M Financial for a target of 952

M&M Financial has made a falling wedge pattern and broken out of it. It has also moved above the 50 DMA. It can be bought at the level of 704 for a  target of 952.

Buy Pfizer for a target of 1344

Pfizer has broken out of the trading channel and its resistance level of 1193. It can be bought around 1209 for a target of 1344.

Buy Tata Motors for a target of 1455

Tata Motors has made a falling wedge pattern. Its broken out of it. Its also taken support close to its 200 DMA. It can be bought at the level of 1355 for a next target can be 1455.

Buy TTK Prestige for a target of 1975

TTK Prestige is in a long term uptrend since past 7 months. It made a continuation flag pattern and has broken out of it. Also its taken support at its 50 DMA and trading above it. It can be bought at the current level of 1600 for a target of 1975.

Add more positions in Sun Pharma; target upped to 533

Add more positions in Sun Pharma around 490. Its target has been revised to 533 from 503. Sun Pharma has made a flag pattern and broken out of it. The stock looks good as its trading in an upward channel and is above its 50 SMA.

Buy Godrej Consumer Products for a target of 489

Buy Godrej Consumer Product around 414, for a target of 489. Godrej Consumer Product is trading strong - (1) Its above its 50 SMA and (2) Also crossed above its ascending triangle.

Add more positions in IFCI for a target of 80/88

IFCI has consolidated by making a flag pattern and taken support at 54.  Its broken out of the flag pattern bounced back. Investors holding it can add more positions in it around 67 for a target of 80 and then 88.

Buy Union Bank of India for a target of 470

Union Bank of India has made a falling wedge pattern and has broken out of it. It can be bought around 350 for a target of 470.

Buy PNB for a target of 1415

Punjab National Bank has made a falling wedge pattern and has broken out of it. It can be bought around 1223 for a target of 1415.

Add more positions in Indraprastha Gas for a target of 380

Indraprastha Gas  has broken out of the pendant pattern. Investors holding Indraprastha Gas can add more positions in it around 340, for a next target of 380.

Buy Coromandel for a target of 418

Coromandel has made a falling wedge pattern and broken out of it. It has also moved above the 50 DMA. Coromandel can be bought around 310 for a target of 418.

Buy Sun Pharma for a target of 503

Sun Pharma has broken out of its trading range and also broken out of the flag pattern formation. Buy Sun Pharma around 480 for a first target of 503.

Add more positions in BASF for a target of 783

Chart of BASF is in a long term uptrend. It recently made a falling wedge and broke out of it. Investors holding BASF can add more positions to it for a target of 783.

Buy Biocon for a target of 486

Biocon has consolidated and is back on its uptrend channel. It can be bought at the lelvels of 416 for a first target of 486.

Add more positions in Oriental Bank of Commerce for a target of 571

OBC has made a falling wedge pattern and has broken out of it. Investors holding Oriental Bank of Commerce can add more positions around Rs 414 for a target of 571.

Buy JB Chemicals for a target of 169

JB Chemicals is in a long term uptrend and has broken out of the flag pattern. It can be bought around 137 for an initial target of 169.

Buy IDFC for a atarget of 226

IDFC has broken out of its downtrend channel after taking a support at 164. Currrently its trading around 176 where it can be bought for a target of 226.

Buy IDBI Bank for a target of 200/210

IDBI Bank has been in a downtrend channel and has now taken support at 145 and broken on the upside. It can be bought around 165 for a target of 200/210.

Buy Tata Steel for a target of 714

Tata Steel is in a long term uptrend channel. Inside that it corrected slightly, and now ithas resumed back its uptrend. Investors can buy it around 660 for a target of 714.

Buy GSPL for a target of 135

GSPL has broken out of its down-trendline and has been above it for 3 days. Also its now above its 50 day SMA. It can be bought at the levels of 115 for a target of 135.

Buy Dabur India for a target of 115-120

Dabur india has broken out of its down-trend channel. Its been maintaining itself above the downtrendline for 4 days and now its also above its 50 day SMA. The stock can be bought around 100 for a target of 120.

Subscribe to Punjab & Sindh Bank IPO

Punjab & Sindh Bank is fundamentally a very strong bank, investors can subscribe to the IPO and hold it for long or for listing gains.

Sell Grasim and Crompton Greaves at cost levels

Grasim and Crompton Greaves can be sold at their at cost levels or at minor loss.
Further entry will be advised once they start looking good again.

Book profits in the following stocks

The markets have fallen a lot and broken some support levels. Before your profits get wiped out, book profits in the following stocks:
(1) Bata India
(2) Cadila Healthcare
(3) Greaves Cotton
(4) Sun Pharma

Sell and get out of Gujarat Flurochemicals around Rs 210

Sell Gujarat Flurochemicals around Rs 210 and get out of it. The stock has bounced back to its buying price. Much upside is not seen from here.

Buy Glenmark Pharma for a target of 430

Glenmark Pharma is in an uptrend. It has made an ascending triangle formation on the charts and broken out of it.It can be bought at the levels of 384, for a target of 430.

Add more positions in Karur Vysya Bank for a target of 678

Investors holding Karur Vysya bank can add more positions in it at the level of 523. Karur Vysya Bank has consilidated in a falling wedge pattern and broken out of it. Its next target can be 678.

Buy Gujarat Gas for a target of 469

Gujarat Gas has broken out of its falling wedge pattern. It has also moved above its 50 day SMA and stayed there for 5 days.. it can be bought at the current levels of 400 for a target of 469.

Add more positions in Bajaj Auto for a target of 1734

Buy more of Bajaj Auto. The stock is in a long term uptrend and has broken out of the flag pattern and can touch the levels of 1734.

Add more positions in Jain Irrigation for a target of 263/283

Jain Irrigation has broken out of the down-pattern and started moving up. Investors can add more positions in Jain Irrigation around the level of 240, for a target of 263/283.

Add more positions in M&M

Investors holding Mahindra &Mahindra can add more positions in it. The stock has consolidated and broken out of the flag pattern. The stock is still in its long term uptrend. Its next possible target can be 860.

Add more positions in Cummins India

Cummins India's uptrend is still intact, it had made a falling wedge pattern and broken out of it. Investors holding Cummins India can increase their holding here at the levels of 788. Cummins India has the potential to touch 880.

Buy Federal Bank for a target of 500 and 546

Federal Bank has finished its consolidation phase, it can be bought at the levels of 465 for a target of 500 and then 546.

Add more positions in Cadila Healthcare for a target of 879

Investors holding Cadila Healthcare can add more positions in it around 766. It is still in an uptrend and has broken  out of the flag formation.  Its next target can be 879.

Buy Allahabad Bank for a target of 284.

Allahabad Bank has finished its consolidation phase and had broken out of the flag pattern. It can be bought at the levels of 249 for a first target of 284.

Add more positions in Bank of India for a target of 629

Bank of India has broken out of its downtrend channel and seems to end its consolidation phse. Investors holding it can add more positions in it and average it out for a target of 568 and then 630.

Buy Yes Bank for a target of 394

Yes Bank is finished its consolidation, its taken support at 302, and bounced back from there.  it can be bought at 323 for first target of 394.

Add more positions in Rallis India for a target of 1502

Rallis India has finished its consolidation phase, it broke out of its flag pattern. It can be further bought at the levels of 1420 for a target of 1502.

Buy IDFC for a target of 226

IDFC has come out of the flag pattern it had formed. Its consolidation phase seems to be over. It can be bought around 188 for a target of 226.