Navkar Corp - Cmp 49 Perfect breakout retest candidate. The stock is looking good for long for initial target of 54 with 46 sl on closing basis.
Eicher Motors - Cmp 2764 The stock is giving breakout from the triangular pattern. Looks good for long above 2775 for targets of 2900/3000 with a stop loss of 2700 on clbs.
Hero - Cmp 2782.60 Looks good at cmp for long position with 2710 stop loss on closing basis for initial target of 2980-3030. Reason: 1. Bullish divergence 2. Near support area 3. Favorable risk reward ratio.
Indusind Bank - Cmp 1005 The stock is trading near a good support area with positive divergence. Looks good for long with 950 sl on clbs for initial targets of 1065/1120
Exide Ind - Cmp 192.80 Looks good for long for initial targets of 200/209/2015 with sl 180 on closing basis. Reason: 1. Breakout from inverted HnS pattern with good volume.
BOB - Cmp 86.65 Possible breakout candidate. Looks good for long if sustains above 86.25 with 78 sl on closing basis for targets of 96-100.
Affle - Cmp 4418 The stock is trading near an important support area and showing signs of reversal. Long time gap has been filled as well. RSI is also in oversold zone. Looks good for long at cmp with strict stop loss of 4070 for targets marked on the chart. *Warning - The stock is currently in T2T, so intraday or BTST is not possible and have to wait for T+2...
AB Capital - Cmp 117.50 The stock is trading near an important support area and has formed a bullish candle. Looks good for long for initial targets 0f 125/130/140 with stop loss of 110 on closing basis.
Balaji Amines - Cmp 2785 Possible breakout re test candidate. The stock is retesting yesterday's breakout levels. Looks good for long with 2720 sl on clbs. Targets are marked on the chart.
DBL - Cmp 573.45 Keep on radar. Good price action seen today with huge volumes. Looks good for long with 540 sl on closing basis for targets of 607/720.
Tata Chemical - Cmp 744 The stock is giving a breakout from the triangle pattern with good volumes. If sustains possible targets would be 792/833.
Sundaram Finance - cmp 2563 Possible breaking out candidate if closes above 2560. If sustains next possible targets are marked on the chart.