~ Trend change indications. ~ BO Possible (Long Consolidation). ~ Reversal Pattern. ~ Volume Supporting. ~ Near Term Possible Targets 490/520, ~SL 443. ~ Pattern Target 530/550, ~SL 425. #INDSTOCK - study well before investing, no Buy/Sell Reco.
~IT Index showing strength. ~Zensar Tech - BO shown on chart. ~Coup & Handle / H&S. ~Near Term Targets: 615/650/705. ~SL 567 ~RR 1:3/1:5. ~Long Term Targets: 750/950. ~SL 514 ~RR 1:3/1:5. #INDSTOCK - Study well before investing, no Buy/Sell Reco.
IEX : Stock looks forming a good base. Buy above 154/155 SL 144/143 Trg. 165/175
#Aditya Birla - looking nice. > Good company results. > Multi year break out. > Volume supported. > Flag pattern break out with Volume. > possible targets would be 160/180 with 140/135 SL.
Mthrsn : looking bearish. > Sumitomo Wining Systems sell their stake of rupee 1600 crs. > Dead crossover on higher timeframe. > RSI left all the strength. > Volumes supported. Expected targets in near term would be 50 to 45.
REC about to break multi year resistance. Targets would 115/132.
Godrej Con. : > Out performing to nifty. > RSI showing strength. > buy above 955. > SL 890 >targets as per marking on charts.
M&M Fin is looking good for 325 targets. Entry around 302 SL 298 Targets 320/325 RR : 1:3
# Candle- Bullish Candle # Volumes - Above average # EMAs - all up # Chart Pattern - H&S # DIV - NA # RSI - Buy
Elecon Eng. is looking very sting and out performing nify. One can buy for 600 to 700 rupees target. Stop Loss will be 450 and Entry could find near 480-500 levels.
Triden looks good to buy for short term view. After significant fall from its high it has shown reversal signs. Entry near 36.50 / retest level. Target: 39/42/44 SL: 35.50~35. RR: 1:3/1:5.
After couple of weeks consolidation, stock has given a BO and ready for further moves. Entry near 58 or retest levels. Target: 62 and above (if sustain well). SL: 57.35 RR: 1:3
Tata Coffee - looking nice and ready give 10 to 20 % returns. Entry: CMP SL: 240 Targets: 280/300. RR: 1:3.
Tata Motors : looks good for long term. > Its likely to fill-up a gap at 390 odd levels. > It may try to reverse from 390~370 levels to complete H&S/Cup & Handel pattern. > Long positions can be taken based on Price action near support zone or above 465 levels.
Major hurdle is between 500 ~530 levels. above this is strong bullish and target would be 15~20% up. Below these levels it may show some corrections or will be sideways.
Exide Ind. : > Trading in a range but looks like it will break the zone. > RSI showing strength. > Significant changes in volumes. > Taking support on 200 EMA. > Short time : Buy above 185,SL 177, Trg. 190/195. > Mid time : Buy above 195, SL 185, Trg. 205/210.
JSW Steel looking good for short term. > Channel breakout > EMAs crossover > volume confirmation. CMP : 713 SL - 688 Targets = 735/750/770
NCC is on the verge of fresh breakout. Buy above 100 Trg.1 115/132 SL 84