Jain Irrigation : After completing our target from 75 to 70 now heading north. Long for target 79-80 with sl at 75 on closing basis. Click here to check our last call/update on Jain Irrigation. if this stock sustains above 80-82 we can witness sharp uptrend towards 90 in short term. Technical indicators like RSI, ROC, %R, MACD are indicating positive bias.
JP Associate : Completed all our targets from 68 to 75. Hold longs till stock trades above 70 & closes above 69. Stock can fall towards 66-67 below 70. Click here to check our last call/update on JPAssociate
Axis Bank : Stock looking weak on daily charts due to profit booking and can fall further upto support near 995-1000 or near 980 in coming days with stoploss above 1030. However stock is looking good on weekly charts and can take support in any gape down situation near abovesaid levels.Trade long if stock sustains above 1020 in higher opening.
BGR Energy : In our last post we told you to exit/book profit in BGR near 298-302. Stock did 274 from 299+ levels in next two days. A GREAT SHORT CALL !! WASN'T IT ?? Now again stock is in same range. This time stock has given clear BREAK OUT signal. So we advise you to go long for targets 305-12 to 320-25 in next few sessions.Keep sl below 290 support@295-292.
BFUtility : Stock looking good on daily charts. Long for target 429-38-50 in short term with stoploss below 402 on closing basis.
BHEL : Trade Long above 22 with stoploss below 215 support@218. short term targets 229 & above.
