Garey_Singh

Garey_Singh

LTTS - TARGET 1492 The management of the company expects a healthy deal pipeline and good traction in focus areas such as Edge computing, Smart Manufacturing, IoT, Electric & Autonomous vehicles. Moreover, the company will continue to benefit from the strong managerial and operational support from its parent and the overall strength of the L&T brand. Thus, it...

Garey_Singh

ESSELPACK - INVESTMENT IDEA (TARGET PRICE - 200) The company has maintained its growth trajectory and has charted out a strategic roadmap that besides helping sustain and boost growth, is also conducive to adapt to the changing needs of customers and business dynamics. Moreover, post-Blackstone as the new controlling shareholder, the company is on mission to...

Garey_Singh

IPCA LABS is on a strong footing and is well placed to capitalize on the growth opportunities across the domestic and export markets. It is expected that the stock will see a price target of Rs.1814 in 8 to 10 months time frame on average P/E of 29x and FY21 (E) earnings of Rs.62.56.

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Tata Coffee Ltd. recently faced resistance from 200 SMA in the daily chart and witnessed breakdown from rising wedge pattern. Likely to stay weak in the near term until it stays below 75-80 zone. Probable support in the near term comes at 70 and then at 59. Keep a watch.

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Dr. Lal Pathlabs Ltd. trading right at the convergence of uptrend line and support zone. Likely to see a bounce in the short term if it stays below 1555-1565 zone; breakdown to take place below 1550. Technical parameters look neutral as of now. Keep a watch.

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ICICI Bank Ltd. has decent support near 325, if it is able to stay above 345, it may have bullish move towards 378 (upper bol band)-420 (upper end of channel) RSI & MACD are neutral

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ICICI Prudential Life Insurance Company Ltd. stock is going through a bullish channel move. RSI 50+ & MACD bullish. 368 (mid bol) & 350 are important supports staying above these levels stock can move towards upper bol 416, 430 (upper edge of the channel).

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Bharti Infratel Ltd. stock price is trading in an Ascending triangle pattern and has closed near its Resistance Zone of 174-183. Needs to close above 183 levels for further up-move towards 200 225 240 levels. Whereas, on the downside, support exists at around 155 148 130 odd levels!

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Biocon Ltd. stock is in a bullish trend. After a sharp rally it is consolidating in an ascending triangle. RSI & MACD bullish. Staying above mid bol 350, the stock may anytime resume up-move and once it breaks above upper bol 371 it can create a new high.

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IndusInd Bank Ltd. in extremely narrow range. Now inside a symmetrical triangle & has decent support near mid-bol 419. Staying above it may revisit upper end of the range near 475-480. Sustaining below 419-15,it may move to lower bol 345 or lower. RSI & MACD bearish.

Garey_Singh

Torrent Pharmaceuticals Ltd. pulled back after sharp upmove, It is approaching critical support level of 2240-2280. The stock is below midbol 2378,if it takes support around 2240-80 zone and moves above 2378,it may resume upmove towards upper bol 2587. RSI & MACD bullish

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United Breweries Ltd. has important support in 848-865 levels, RSI & MACD are weak & last three days it has fallen with high volume breaking & sustaining below 845-40 it may move towards 19 March low of 750

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Tata Power Company Ltd. has broken and closed below 30. The breakdown was with high volume. RSI & MACD - bearish. Staying below 30 it may go towards 27, 25, 22 which are important Fibonacci extension levels

Garey_Singh

Bajaj Auto Ltd. has important support near mid bol 2391. MACD & RSI looks bullish, staying above it, stock can move towards upper bol 2625 & 61.8% pullback of the fall around 2732.

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Motherson Sumi Systems Ltd. stock has pulled back to mid bol. RSI 50+ & MACD bullish. Recently it has shown lower volume in decline & higher volume in price appreciation (bullish sign). Mid bol 73 is an important support. Staying above may move towards upper bol 92

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CANBK - BEARISH TREND SELL AT 79 STOPLOSS - 82.5 TARGET 73...69 Sentiments Buy 15 % Sell 85 % Derivative Option OI Maximum Call @100 (Resistance) Maximum Put @80 (Support)

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AMARAJABAT - BULLISH TREND CONTINUES VERY STRONG ABOVE 581 STOPLOSS 571 BOOK NEAR 611.10 Sentiments Buy 86 % Sell 14 % Derivative Option OI Maximum Call @620 (Resistance) Maximum Put @500 (Support)

Garey_Singh

TORNTPOWER - BEARISH TREND WITH HIGHER BUYING SENTIMENTS I am on the selling side. Sell between 333 - 330 SL - 339 Target - 322 Sentiments(Average) Buy 62 % Sell 38 % Derivative Option OI Maximum Call @350 (Resistance) Maximum Put @275 (Support)