Get out of Coromondal International

Coromandel International has failed to perform in past 5 months. Its trading around 306, investors can sell it at this price which is close to its purchase price and get out of it. the stock can further move down from here to levels of 260-250.

Buy Divis Lab for a target of 789

Divis Lab has made an ascending triangle, and is also trading above the 20 DMA. it can be bought around 710, for a target of 789.

Buy ITC for a target of 195/210

ITC has made an ascending triangle and has broken out of it. It can be bought at the current levels of 189 for a target of 195/210.

Sell Bajaj Finance at cost price

Bajaj finance which was bought in March has failed to perform. Sell the stock at current price and book a loss of 4%.

Add more positions in JB Chemicals and Pharma for a target of 190

Investors holding JB Chemicals and Pharma can add more positions in it around 154. It has made an ascending triangle and its next target can be 190.

Add more postions in Cadila healtcare for a target of 949/1005

Investors holding Cadila Healtcare can add more positions in it around 915 levels. The stock is trading strong and has broken out of the ascending triange, its next target can be 949 and then 1005.

Buy Exide Industries for a target of 187

Exide Industries has made an ascending triangle and has broken out of the resistance levels of 135 and 148.
It can bought at the levels of 153 for a target of 187. 

Book losses in McNally Bharat Engineering Co.

McNally Bharat Engineering Co. is in a long term downtrend; its been breaking support levels and falling down. Book your losses in it.

Book losses in MIC Electronics

MIC Electronics is trading very weak and is in a long term down-trend. Sell it and book your losses in it.

Buy Petronet LNG for a target of 155

Petronet LNG had made an ascending triangle and broken out of it. Its also boken out of its resistance zone of 130. It can be bought at this level for a target of 155.

Sell Dabur India at cost price

Dabur India has failed to break out since past 5 months. Sell it at cost and get out of it.

Sell Tata Steel

Tata Steel has been in a trading range since past 4 months. It has faile to break out and perform. Sell and book minor loss of 5% and get out of it.

Buy Gold ETF for a target of 21860

Gold has made an ascending triangle and broken out of it. It can be bought aroun 20840 for an initial  target of 21860.

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.