Short term trade: Trent breaks above a resistance at 885. Looks good to go to 944 from here in the short term.
Positional Trade: Syngene International has been been witnessing successive bouts of compressing volatility since April. With Fibonacci Ratio confirming, it is now on the cusp of coming out of the pressure zone with rising bouts of volatility. Buy: Syngene Internaitonal CMP: 588 Target: 620 Stop Loss: 579 Holding period: 1 Month
Positional Trade: Tata Chemicals has broken out of a falling trend line. Buy: TATA Chemicals CMP: 754 Target: 825 Stop Loss: 725 Holding period: 1 Month
Positional Trade: Aurobindo Pharma has broken out from a falling trend line with simultaneous spurt in volume. Buy: Aurobindo Pharma CMP: 1007 Target : 1100 Stop Loss: 975 Holding Period: 1 Month
Shanthi gears breaks out of a resistance at 145.50. Buy: Shanthi Gears CMP: 146.50 Target : 162 Stop Loss: 141 Holding Period: 2-3 Weeks
Positional Trade(2-3 weeks): Buy: Jubilant Foodworks CMP: 3118 Target 1: 3200 Target 2: 3230 Stop Loss: 3080
Positional Trade: Dabur India has broken out of a cup and handle pattern with simultaneous spurt in volume. Buy: Dabur India CMP: 586 Target 1: 620 Target 2: 635 Stop Loss: 570 Holding Period: 1 Month
Deepak Nitrite has broken out of a triangle and a descending trend line with simultaneous spurt in volume. Buy: Deepak Nitrite CMP: 1855 Target 1: 1980 Target 2: 2050 Stop Loss: 1790 Holding Period: 2 Months
Bayer Crop Sciences has had a trend reversal on the upside as indicated by the trend line breakout. Buy for the target of 6600 in a period of 3 months. Keep a stop loss at 5600.
Aurionpro solutions has broken out of a falling trend line indicating a trend reversal on the upside. Buy for the targets of 195 and 210. Hold for about 1 month.
Dr Lal Path Lab looks good to break above the rectangle. Buy once it breaks out of the rectangle for the upside target of 3400.
Positional Trade: Dalmia Bharat breaks out of a resistance. Buy: Dalmia Bharat CMP: 1901 Target: 2020 Stop Loss: 1870 Holding Period: 2-3 weeks
Ajanta Pharma breaks out of a month long rectangle. Buy: Ajanta Pharma CMP: 2074 Target 1: 2150 Target 2: 2200 Stop Loss: 2000
Positional Trade(2-3 weeks): Crompton Greaves has broken out of a falling trendline. Buy: Crompton greaves CMP: 418.50 Target: 442 Stop Loss: 408
Gland Pharma has broken out of a cup and handle pattern. Buy: Gland Pharma CMP: 3281 Target 1: 3500 Target 2: 3600 Stop Loss: 3200 Holding Period: 2 months
Steel Strips wheel breaks out of a falling trend line. Buy: Steel Strips Wheel CMP: 827 Target 1: 880 Target 2: 900 Stop Loss: 790 Holding Period: 1 month
HPL Power has broken out of a cup and handle pattern. Buy: HPL power CMP: 67.95 Positional target: 77 Medium Term Target: 84 Stop Loss: 62
Positional trade: Buy: Granules India CMP: 323 Target: Open but at least till 340 Stop Loss: 316