One may buy Tornt Pharma on dips with SL of 1755 and target of 1820.
One may buy pidilite on dips with SL of 1210 and target of 1255.
One may buy PEL on dips with SL of 2299 and targets of 2407/2435. Adjust your volumes as per entry price and respect your stop losses.
One may buy Kajaria Ceramics on dips only for 2nd May with SL of 580 and targets of 602/607.
Indigo seems to have entered a distribution phase. It enjoyed a stupendous rally on the back of Jetairways going kaput. The Rsi has given confirmation on the weekly charts and it would be wise to book profits on longs. With crude rising the party in Indigo might come to a temporary pause.It might touch levels of 1400 -1332 in the short run. The Fibonacci...
Buy Jetairways on dips with SL of 124.6 and target of 183. Adjust your volumes as per the entry price and respect the stop loss.
One might buy Divislab on dips with SL of 1680 and targets of 1750/1762. Adjust your volumes as per entry price and respect your stop loss.
Sell Kajaria Ceramics with SL of 638 and targets of 574/554.
One might sell Coal India on rise with SL of 259 and targets of 247/244
Buy Relcapital with SL of 124 and targets of 152/160/168. Adjust volumes as per entry price and respect the stop losses.
One might sell IGL on rise with SL of 325 and targets of 303/297. Adjust your volumes as per entry price and respect the Stop loss.
One might sell Karnataka Bank with SL of 146 with potential targets at 130/127/123. Adjust volumes as per entry price.
Buy Heromotoco on dips with SL of 2500 and targets of 2725-2750.
One might want to buy Suntv on a dip for today with SL of 589.9 and target of 608.9.
Tata Elxsi might make a move below 955 in the coming week. It gave up all its gains after touching 1000 and hence a move on the down side could be expected.
One might want to sell Syndicate Bank on rise with SL of 46.9 and targets of 40/37.9.
One might want to book longs on Manappuram as a move on the RSI indicates a move towards 110. One may sell on rise with SL of 129.5 and targets of 115/110 and eventual target of 105.3
One might want to buy Kaveri Seeds on dips with SL of 457 and target of 494. Converging MACD supports the move.