Nifty : Above 8550 nifty can test 8640-8740-8920 in coming weeks. Support 8465 SL 8380
BankNifty : Above 19330 target will be 19590-750 to 20400. Support 19150-18950
Updates /Stocks To Watch next week. :
Updates On Calls :
Alembic Pharma : Stock can provide fresh opportunity to enter in the range of 448-435-27 below 455. Investors should keep stoploss below 418.Target 600 possible in coming months.
Crompton : During the week stock failed to cross resistance line near 195 (Hit 194.50) So we advise fresh entry only above 194. Stock has good support @182 which is 50w MA. Above 194 targets will be 230-50 in coming weeks.
Wipro : Stock did 469.50 from 553.50 during the week but failed to cross & sustain above resistance line@570, Reentry only above 561. sl 547. Stay long.
Petronet : Stay away till sustains above 201-03 with volume. support 195.
Subros : Stock did 72 during the week. Stay long with sl 67.50. Add more on dips near 68.
Magma Fincorp : Stock did our first target 114 on Friday. Stay long with sl 108
Arvind : Stock will face resistance near 282-92 in coming days.A bounce is expected from current levels, keep sl 271.50
ALBK : Stock need to close above 130 for fresh longs. Support 124-25.
AMTEK Auto : Stock has multiple resistance in range of 180-200,Buy if trades & sustains above 181. Support 173 target 187-92-200
Amtek India : Add for a bounce as this stock has good support@68, Only breaching this level will trigger fresh downside towards 64-60.
Apollo Tyre : Continuous fall in rubber & petrol prices are the major trigger for the upside in his counter in coming days. Add near 227-28 for target price of 236-42 . Support 222 SL 219
Asian Paints : Initiate short positions. Resistance 855 SL 867 support 830-10
Astra Micro : Stock looking good for 145-54 in coming days.
Bank India : Last week we advised to stay long. Now add more above 310 for target 340 in coming weeks. Above 342 we may see fresh big upmove.
BGR Energy : Stock moved sharply ion friday trade. Add for 167-74-85 & above with sl 161on closing basis.
Bharti Airtel : As predicted, Below 347 stock hit 339, Stay short for targets given in last post.
Bharat Forge : Moving towards resistance line near 1065,A move above this level with volume will open fresh upside of another 35-40% in coming months.
BHEL : Stock is trading in a narrow range of 250-275 Breaking either side will decide further course of action, However we are positive on the counter & advise you to add more above 276 for another 10-20% move in coming weeks.
Bliss GVS Pharma : Long was advised near 67 for the targets of 75-87 in coming weeks. Now after 2 weeks stock has done 80.80 during Friday trade. Stay long /add more with sl 75 for fresh targets of 87-95 in coming weeks..
Century Enka : Investment Idea : stock is doing well & hit 187+ from 165-50 in last 1 month. Stay long for targets given earlier.Change trailing sl from 140 to 170.
Century Tex : Long was advised on 16-17 December near 480 & again on January 4 for the targets of 570-600 & above, now stock is trading near 575, Stay long for final target. A move beyond 600 will attract fresh buying for another 25-50% upside in the stock price in next few months.
DLF : A close above 150 will attract fresh buying. We initiated long near 142 when RBI reduced major rates as a surprise move during the week. exit longs below 142. Resistance 162-70 above 150
DishTV : Diwali Portfolio Pick : Stock has rewarded with +20% returns in last 2-3 months, now for fresh upside stock need to sustain & close above 70 with volumes. Stock has good support near 67.50
Educomp : Last week we initiate long near 27.50 for targets of 31-35. Stock did 30.80 in high but failed to cross the resistance of 31. Fresh longs only above 31. Call closed.
Federal Bank : Diwali Portfolio Pick : Stock is overall under performer. We exited our positions.
Genus Power : Stock trading rangebound, need a break either side. We are taking exit from our positions.till breaks 30 with volumes.
Godrej Ind : Stock can test 335 in coming days.
HBL Power : Stock did 32 to 40.80 in last one month, Stay long for our fresh targets of 45-48. sl 35
Hindalco : Stock can test 133-28 in coming days. Keep sl @145 .
Hind Dorr Oliver : Stock did 14 to 29.20 in just one month. A great call. Reenter above 25.50. exit below 22.50
HDIL : Stock can test 84-85 above 81 but need to cross this range with volume to continue current uptrend. Support 79-75-72.
Hind Zinc : From last 6-7 months this stock is trading between 152 to 177.At current price near 157 stock may get channel support. Buy at cmp or on dips with sl 150 for targets of 162-67-75 in next few weeks.
ICICI Bank : As predicted stock took support near 332 below 342 Now stock has potential to retest its recent highs. Add more above 355 for 367 to 390 sl below 345
IDFC : Diwali Portfolio Pick : Stock moved sharply from 157 to 170. Stock has rewarded investors with almost 16.5% returns in less then 3 months. Stay invested . Stock has potential to give another 25% returns from current levels in next few months.
IDEA : Add with sl 148 target 155-57 to 160
IVRCL : Stock retested recent highs of 19.50 forming double top on daily charts. So fresh entry only above 19.50 & an exit is advisable on close below 18.25.
Astra Micro : Stock looking good for 145-54 in coming days.
Bank India : Last week we advised to stay long. Now add more above 310 for target 340 in coming weeks. Above 342 we may see fresh big upmove.
BGR Energy : Stock moved sharply ion friday trade. Add for 167-74-85 & above with sl 161on closing basis.
Bharti Airtel : As predicted, Below 347 stock hit 339, Stay short for targets given in last post.
Bharat Forge : Moving towards resistance line near 1065,A move above this level with volume will open fresh upside of another 35-40% in coming months.
BHEL : Stock is trading in a narrow range of 250-275 Breaking either side will decide further course of action, However we are positive on the counter & advise you to add more above 276 for another 10-20% move in coming weeks.
Bliss GVS Pharma : Long was advised near 67 for the targets of 75-87 in coming weeks. Now after 2 weeks stock has done 80.80 during Friday trade. Stay long /add more with sl 75 for fresh targets of 87-95 in coming weeks..
Century Enka : Investment Idea : stock is doing well & hit 187+ from 165-50 in last 1 month. Stay long for targets given earlier.Change trailing sl from 140 to 170.
Century Tex : Long was advised on 16-17 December near 480 & again on January 4 for the targets of 570-600 & above, now stock is trading near 575, Stay long for final target. A move beyond 600 will attract fresh buying for another 25-50% upside in the stock price in next few months.
DLF : A close above 150 will attract fresh buying. We initiated long near 142 when RBI reduced major rates as a surprise move during the week. exit longs below 142. Resistance 162-70 above 150
DishTV : Diwali Portfolio Pick : Stock has rewarded with +20% returns in last 2-3 months, now for fresh upside stock need to sustain & close above 70 with volumes. Stock has good support near 67.50
Educomp : Last week we initiate long near 27.50 for targets of 31-35. Stock did 30.80 in high but failed to cross the resistance of 31. Fresh longs only above 31. Call closed.
Federal Bank : Diwali Portfolio Pick : Stock is overall under performer. We exited our positions.
Genus Power : Stock trading rangebound, need a break either side. We are taking exit from our positions.till breaks 30 with volumes.
Godrej Ind : Stock can test 335 in coming days.
HBL Power : Stock did 32 to 40.80 in last one month, Stay long for our fresh targets of 45-48. sl 35
Hindalco : Stock can test 133-28 in coming days. Keep sl @145 .
Hind Dorr Oliver : Stock did 14 to 29.20 in just one month. A great call. Reenter above 25.50. exit below 22.50
HDIL : Stock can test 84-85 above 81 but need to cross this range with volume to continue current uptrend. Support 79-75-72.
Hind Zinc : From last 6-7 months this stock is trading between 152 to 177.At current price near 157 stock may get channel support. Buy at cmp or on dips with sl 150 for targets of 162-67-75 in next few weeks.
ICICI Bank : As predicted stock took support near 332 below 342 Now stock has potential to retest its recent highs. Add more above 355 for 367 to 390 sl below 345
IDFC : Diwali Portfolio Pick : Stock moved sharply from 157 to 170. Stock has rewarded investors with almost 16.5% returns in less then 3 months. Stay invested . Stock has potential to give another 25% returns from current levels in next few months.
IDEA : Add with sl 148 target 155-57 to 160
IVRCL : Stock retested recent highs of 19.50 forming double top on daily charts. So fresh entry only above 19.50 & an exit is advisable on close below 18.25.
IRB : Last week hit our target 247. Now resistance near 255-60.
ING Vaishya Bank : Stock was advised in November near 670 for 725 & later for 900, Now stock has touched 1000 mark. We advise full exit with profit booking.
ING Vaishya Bank : Stock was advised in November near 670 for 725 & later for 900, Now stock has touched 1000 mark. We advise full exit with profit booking.
IBReal Estate : Our Diwali Portfolio Pic: Stock is always a great pick whenever it comes near 62. Now stock is near 72-73 which is a resistance range. Fresh longs can be initiated if sustains here & trades above 74 for targets of 81-85 & above.
J&K Bank : Long was advised near 138.Now stock has formed double top at 156.40 on daily charts. We advise investors to take an exit if support level of 148 breaches with volumes .Reenter only above 157.Call closed.
Jagsonpal Pharma : Almost 2 months ago we advised investors to book & exit from this counter near 40-44, since then stock has failed to cross our levels & even formed double top on daily charts which i a bearish pattern. Stock did 32 from 44 after our previous exit call. One can still exit & reenter only on closing above 44 with good volumes.
Jain Irrigation : stock can test 72-75 SL 66
JSW Steel : Add longs with stoploss below 955.
Jyoti Structure : No use of holding this script. Those wish to hold can continue with sl 38. We advise fresh entry above 42 only. We advised exit.
Kalpataru Power : As predicted in last post, stock gave you an opportunity to enter near 225. Stay long.
Kolte-Patil : Stay long/Add more with sl 180.
LIC Housing Finance : Stock Hit fresh 52 week high 491.90 during Friday trade. Above 492target 520-50 & above is on cards.
J&K Bank : Long was advised near 138.Now stock has formed double top at 156.40 on daily charts. We advise investors to take an exit if support level of 148 breaches with volumes .Reenter only above 157.Call closed.
Jagsonpal Pharma : Almost 2 months ago we advised investors to book & exit from this counter near 40-44, since then stock has failed to cross our levels & even formed double top on daily charts which i a bearish pattern. Stock did 32 from 44 after our previous exit call. One can still exit & reenter only on closing above 44 with good volumes.
Jain Irrigation : stock can test 72-75 SL 66
JSW Steel : Add longs with stoploss below 955.
Jyoti Structure : No use of holding this script. Those wish to hold can continue with sl 38. We advise fresh entry above 42 only. We advised exit.
Kalpataru Power : As predicted in last post, stock gave you an opportunity to enter near 225. Stay long.
Kolte-Patil : Stay long/Add more with sl 180.
LIC Housing Finance : Stock Hit fresh 52 week high 491.90 during Friday trade. Above 492target 520-50 & above is on cards.
Man Infra : Diwali Portfolio Pick : Stock has done 22.75 to 39.50 in less than 3 month rewarding investors with almost 74% returns. Stay invested & add more on dips near 35.
Meghmani : Stay invested.
Oriental Bank of Commerce: Diwali Portfolio Pick : Stock has done 263 to 342, stay invested with sl 309 support 312, stock can test 380 if sustained.
Rel Cap : Add for 483-96 with sl 457 on closing basis.
REC : Stock has good support near 312, Stay long.
Raymond: Log was initiated near 470. Stay long for targets of 625 & above.
SKS Micro: Long was initiated near 350 last month. Now stock has done 474. Stay long for 520-50 with sl 435.
SUNTV : Long was initiated near 312, now stock is trading near 420 rewarding investors with good 37% returns in less than 2 months. Hold this script for higher targets with sl 400.
SPARC : Hold for targets of 240 in coming months. Keep sl below 189.
TVS Motors : Stock has completed our initial target of 320 from 255. Stay long for targets given in last post.
Titan : Add more with sl 380for 400-420 to 440-80.
TV-18 : Stay invested, add more for higher targets keep sl below 29.
Meghmani : Stay invested.
Oriental Bank of Commerce: Diwali Portfolio Pick : Stock has done 263 to 342, stay invested with sl 309 support 312, stock can test 380 if sustained.
Rel Cap : Add for 483-96 with sl 457 on closing basis.
REC : Stock has good support near 312, Stay long.
Raymond: Log was initiated near 470. Stay long for targets of 625 & above.
SKS Micro: Long was initiated near 350 last month. Now stock has done 474. Stay long for 520-50 with sl 435.
SUNTV : Long was initiated near 312, now stock is trading near 420 rewarding investors with good 37% returns in less than 2 months. Hold this script for higher targets with sl 400.
SPARC : Hold for targets of 240 in coming months. Keep sl below 189.
TVS Motors : Stock has completed our initial target of 320 from 255. Stay long for targets given in last post.
Titan : Add more with sl 380for 400-420 to 440-80.
TV-18 : Stay invested, add more for higher targets keep sl below 29.
Unity Infra : Add more with sl 23 for higher targets .
