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moneyatwork

The stock after a good run up and corrected and now again trying to rebound from lower level on weekly chart by taking support on rising trendline, so it has high probability to scale new highs in the days ahead.

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TCI Express looking set for solid up move, one can wait for better confirmation once the stock moves above 1440/- The falling wedge with multiple touches on both the sides of the trendline making it ready for a violent move and most probably on the upside. Aggressive trader can add at current market price as well with 100 points of SL.

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Marico has been been taking support near 520 levels in the recent past and has given a good breakout on 17th Nov of the short term wedge pattern it formed. Also it is trading above 200 MA and all these factors are suggesting a good potential upside in Marico with SL of 505/- on the closing basis.

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Grasim is nicely taking support at CMP 1870/- and looking good for higher targets of 2000+ Though the overall market sentiments are not looking good but this script is looking promising.

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HUL is trading in an uptrend channel and currently taking support at the bottom of the channel with some bullish action on daily chart. The falling markets can make it little dicey and so the conservative stop loss of 100 points can provide a very good cushion and the stock should keep on moving towards the upper line of the channel. Looking good at CMP 2473/-...

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Apollo Hospital looking good above 4650/- as it is currently trading around multiple supports as drawn in the chart. SL can be 4500/- on closing basis and shall target minimum 1:2 RR.

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HUL taking support near CMP and looks good with support o 100 points.

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ACC Looks good above 2290/- with SL of 2205/- for higher targets of minimum 2460/-

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Kaveri Seed looking good for touching min 600/- with SL of 420/- which is very conservative SL, just to make sure incase it returns back to fill the gap.

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In Bata looks like correction has ended and stock if moves above 1855 can easily show 2200-2300+ targets with small SL of around 100 points.

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Sun Pharma looks good above 880/- with formation of falling wedge and can min show 930 levels with SL of 860/-

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The Wave C can lead to strong bearish movement ahead in the stock. HUL looks weak and can be a good short at CMP 2600 for min target of 2500 with sl of 2655/-

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Stock has given a nice breakout on weekly chart and can easily achieve new life time highs with SL of 1560/-

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Kotak Bank looks good for targets of 2100/-. Currently looks as part of time consuming Wave 4 and shall resume for Wave 5 soon. The red line of 1590 shall provide a more safer SL.

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SBI Card is looking good for very attractive upmove at CMP in days coming which may take it to 1400+ SL 740/-

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Shilpa Medicare looks good above 435/- with SL of 390/- for targets of 550/- It has given a breakout above long term resistance line, so any followup buying above 435/- is good for this stock.

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It has given a nice breakout with huge volume. Looks big buying is happening. One can enter with small SL for much higher Risk Reward.

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Its Movie Time... :) PVR looks ending its long running Wave 4 correction and shall soon start trading higher for bigger targets. View is invalid below 1230/-