CHOLAFIN given break out zone today one can invest at current price with immediate target for 240/-
TATA STEEL looks good on chart ! can be accumulate for positional long for target 400/- with stop loss 330/-
VOLTAS LTD started trending good movement, stock can be brought at current levels for long positional target 660/- with stop loss 560/-
Larsen & Toubro today posted very bad results with 79% slumps in business and also stock looks heavy selling due to pressure. one can accumulate for short position with target 850/ & 800/- with stop loss 940/-
VIP Industries ltd given strong break out level at 280 today and successfully closed above the levels. we can also seen huge strong buying volumes in past couple of trade. one can accumulate at CMP with immediate target for 360/-
If Nifty 50 starts trending below 10600 levels one can go for short position with target 10250 with a stop loss 10830/-
FirstSource solution given breakout zone 42 levels with great volumes one can start accumulating stock for target 50+ at above 43 buying price. this target is invalid if it touches stop loss 37/-
BankNifty can be short as given selling signal once breaks 22000 level for immediate target 21100 & 20800 for JULY series. stop loss 22500/-
COAL INDIA looking weak on daily chart ! it has gave bearish signal with all broken moving average (10,20 & 50 days ). one can bet on coal india for short target of 125 & 120 respectively targets by this month expiry !
GRANULES INDIA making day by day high with huge volumes, today it has given break out zone 220 above and sustained above closing successfully. one can accumulate at the CMP for another 25 points up move which tends for a target of 240 &250 zone.
Amara Raja Batteries today broke breakout zone 690 above and sustained, one can look forward for long position of target 800/- on upside of 100 points in coming days. hold period 2 months.
Equitas holding today given strong breakout zone above 56/- levels and holds good volume accumulation. one can expect target another 20 points up move for target 80/-
BankNifty can stay long with immediate target 21750/- with stop loss of 20980/-
Nifty for long term target 11000/- once it starts trading above 10400+ with stop loss 9950/- Note- its not applicable for weekly expiry only for monthly expiry/ long positions.
HCLTECH looks good on chart ! OI data for Future & Options, deliverable quantity percentage also high since past few trading expecting 580+ above target.
Hindustan Unilever Ltd comes in Rader with all wrong news, but this stocks delivered good volumes and delivery recent days. i am on bullish side with long term target 2300 & 2400 respectively with final target 2600 ! one can start picking up this stock at 2140 levels.
IRCTC looks weak for the short term target, one can bet for target 1200/- as in coming days govt planning to stop train services which can be effect on this stock much more.
NALCO suggest strong movement with volumes after many days and holding above 30+ levels on daily chart. once can buy for target 40/- in coming days. with stop loss 30/-