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DCB Bank has been in a strong uptrend and after a correction it has taken a support at 6 month trend line in the daily chart. It is good buy at CMP with a target of 212 and a stop loss of 191.

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The stock has given a breakout with decent volumes two days back in the daily chart. Half positions can be entered at CMP and remaining in case there is a re-test of the breakout levels around 252 level. It is positional buy so stop loss is a bit steep at around 239.

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Bel has just undergone a correction after a good uptrend in the daily chart. Currently the stock is taking support at 7 month long trendline and also at a previous resistance level. It is good buy above yesterday's high with 164.50 as stop loss for a target of 184.

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IOC is in uptrend forming a series of higher highs and higher lows. Presently it is in correction taking support at a 6 month long trendline and also at a previous resistance zone. For traders who are conservative in their approach can look for a green candle formation or can even wait for a break of yesterday s high, whichever way they feel comfortable. CMP...

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Grasim has taken support at a 6 months long trend line and also at an important support levels. The dotted trendline may act as resistance but in my opinion its not much of a hurdle. It is a good buy at CMP with a Stop Loss of 1079 for a target of 1150, 1200

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The stock has been moving in an uptrend and has now taken support at a 6 months long trend line and a previous resistance zone which is now acting as support. It is good buy above friday's high and 1630 as Stop Loss for a target of 1740 , 1800

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Voltas has been moving in an strong uptrend with good volumes. It gave a flag pattern breakout 2 days back in the daily chart. The best part about this pattern here is that it is a continuation pattern and it gives you a trade in the direction of the trend. Stop Loss- 480 Target- 580- 600 as per flag pattern CMP- 500 Traders can use trailing stop loss method to...

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The stock after moving in an uptrend went into contraction phase where it was forming lower highs and higher lows called the symmetrical triangle. It gave a breakout a few days back with nice volumes. It is good buy around 421 levels with a stop loss of 410 for a target of 450.

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Mahindra Holidays has broken out of an ascending channel and also rounding bottom pattern with great volumes in the daily chart. It is a good buy at CMP with a stop loss of 550. Conservative traders can wait for a retest of the breakout levels.

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Century Textile is a good buying opportunity at CMP- 1050. It is taking support at 6 months long trendline and a previous resistance zone which is now acting as a support zone. Expected Levels - 1150, 1210

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After a strong run up the stock consolidated sideways for a couple of weeks and has now given a fresh breakout with good volumes. The stock is expected to continue its upward movement and is good buy above today's candle with a stop loss 118. It is a positional trade for a target of 145, 170. Traders who are more conservative in their approach can wait for a...

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Vedanta has been consolidating in a sideways channel. Today it has formed a shooting star with volumes at an important resistance levels. It can be shorted once it breaks the low of today's candle with its high as stop loss. Target 236 , 231

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Karnataka bank is in uptrend and has just underwent a correction in the daily as well as hourly chart. It has taken support at a previous resistance zone and now it is expected that the stock will continue its journey upwards. It is good buy at CMP with a Stop loss of 171.50 for a target of 186.50.

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As seen Nifty IT gave a breakout a couple of days back but could not sustain and immediately came down indicating a trap for the bulls. Traps are generally quick and it does not give a chance to the trapped side to exit quickly as in this case. The sector looks weak.

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The stock has been in uptrend for quite some time now. It underwent a correction a few days back and now is ready to test its previous swing high. It is a good buy at CMP for a target of 2900.

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Nifty has formed a bearish engulfing at the top but at a gap support. There is also a 5 month long trendline support around 9520-9540 levels. I will be more comfortable buying on dips considering its moving in an uptrend and I see a correction as an opportunity to add on my positions. Bearish engulfing is effective when it is formed at the top and gets validated...

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After making a bottom in the Dec 2016, Zeel has trended upwards. Yesterday it opened gap up and formed a strong green candle at an important support zone with great volumes. It is good good buy at current levels but would enter upon confirmation at the break of yesterdays high just to make sure that the bulls are in control. Buy above- 524, SL 493, Target 553,...

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After a strong uptrend the price was consolidating in a channel in the daily chart. Yesterday it gave a breakout of the channel with decent volumes. Traders can look to enter at the break of yesterday's high with a stop loss of 1045 with a target of 1200.