Wednesday, July 13, 2011

Buy ITC for a target of 225

ITC is making new highs. Its made an ascending triangle and broken out of it. It can be bought around 200-204, for an initial target of 225.

Buy Sun Pharma for a target of 540

Sun Pharma is moving upwards, its made an ascending triangel pattern and broken its resistance level of 500. Investors can buy it around 505 for an initial target of 540.

Thursday, July 7, 2011

Buy Torrent Pharma for a target of 750

Torrent Pharma stock has made an ascending triangle and has broken out of it. Investors can buy it around 644 for a target price of 750.

Add more positions in Mcleod Russel

Mcleod Russel has broken out of its minor resistance of 280. It can touch the levels of 300. Investors holding it can buy more into this stock..

Add more positions in Divis Labs for a target of 900-925

Divis Labs is trading strong, its broken out of the resistance level of 800. Investors holding the stock can buy more around the level of 818; for a target of 900-925

Add more positions in Exide Industries

Exide Industries is trading strong, investors can add more positions in it around 173.

Thursday, June 30, 2011

Buy Lupin for a target of 500/525

Lupin has made an ascending triangle and can be around the levels of 448 for a target of 500/530. A top loss of 416 can be maintained.

Buy Mcloed Russel for a a target of 290/330

Mcloed Russel has made an ascending triangle and broken out of it. Investors can make entry into it around 270, for a target of 290 and 330.
A stop loss of 245 can be maintained.

Tuesday, June 28, 2011

Buy LIC Housing Finance for a target of 260

Add more positions or make fresh entry into LIC Housing Finance around 230 for a target of 260. Stop loss can be set at 216.

Buy IndustInd Bank for a target of 300/340

Investors holding this can add more positions in it and fresh entry can also be made around 270. Targets can be 300 and 340.
Keep a stop loss of 240.

Buy IGL for a target of 400/436

IGL has broken its stiff resistance of 360 and maintained to stay on top of it. It can be bought at the levels of 370 for a target of 400 and then 436. Stop loss of 355 can be maintained.

Buy IPCA Labs for a target of 360 and 400

IPCA Labs has made a good base around 320 levels. It  can be bought around 335 for a target of 340 and 400.  Keep a stop loss of 320.

Tuesday, June 21, 2011

Book profits in TTK Prestige

Book profits in TTK Prestige. It has had a good run and now it is in consolidation mode. Further investment will be advised when the stock starts its upmove again.

Monday, June 13, 2011

Add more positions in Divis Labs for a target of 900

Divis Labs is making new highs and moving up strongly. Investors already holding it can add more positions in it around 800 for a target of 900.

Friday, June 10, 2011

Add more positions in Federal Bank for a target of 507

Federal Bank has met its initial target of 456, the stock looks strong and the uptrend continues to be robust. Investors can add more positions here around 448 for 2nd target of 507.

Book profits in Gujarat Fluorochemicals

Gujarat Fluorochemicals has given good returns, and now its moved into condolidation phase. Investors can sell around 351 and book profits for the time being as long as the stock lingers in this consolidation phase.

Wednesday, June 8, 2011

Book losses in Jain Irrigation.

Investors can sell Jain Irrigation and book losses in it. It looks really weak on the charts.

Add more positions in Sun Pharma for a target of 515.

Sun Pharma has made an ascending triangle and has broken out of its resistance zpne of 470.  Investors already holding Sun Pharma can add more postions in it around current levels of 480 for a target of 515.

Wednesday, June 1, 2011

Add more postions in Glenmark Pharma for a target of 364

Investors holding Glenmark Pharma with losses can average their postions by buying aroun Rs 303. Glenmark Pharma looks strong now and has broken out of the ascending triangle. Its next target can be 364.

Thursday, May 26, 2011

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.

Wednesday, May 18, 2011

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%.

Wednesday, May 11, 2011

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.

Monday, May 9, 2011

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.

Friday, April 29, 2011

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.

Wednesday, April 27, 2011

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.

Monday, April 25, 2011

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.

Monday, March 14, 2011

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.

Monday, March 7, 2011

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.

Wednesday, February 16, 2011

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.


Tuesday, February 15, 2011

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.

Monday, February 14, 2011

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.

Thursday, January 20, 2011

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.

Monday, January 3, 2011

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.