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How To Trade : Reliance, SBI, RNAM, Igarshi, PFC, Amararaja, Apollo Tyre, TV18, NMDC, PNB, Chambal, RBL and Ster Tech


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Amararaja batt add with stop below 700 , add more above 735


 Apollo tyres add with stop below 157 above 165 targets will be 175-81-87 Below 157 tr 148-35

 Bpcl add@492 for 505 above that 540.


Chambal has resistance around 150-52 above that tree 166.support 140-42


 Igarshi :will move up-to 495-505 range above 400 . And above 535 true 575-650
 Pfc has given breakout same as NMDC did last month.  Upside Rs. 27 from 109 so target comes at 136
 RBL BANK NEED TO CLOSE ABOVE 345 FOR HIGHER TARGETS. TARGETS WILL BE 380-400 TO 480. Use dips to enter. Support 310-15
 Reliance : The bullish Harami pattern formed on Friday is not convincing, but short term RSI is also in oversold zone on daily charts which indicates a positive move. Buy above 1550 for 1567-70 only which is a major hurdle. Above 1570 stock can retest recent highes.below 1530-27 stock can fall towards  1500-1485 to 1430
 RNAM above 365 tr 382-85 above that 450-70
SBI is moving in line as we updated in our blog call.  Stay long/ buy till it is above 333 for 350-70-400 stop below 325

 Stertech add @117 for 122-25 to 132-37
 TV 18 :Stock is under-performer, a breakout above 23 can lead stock to 30-38. Stock is consolidating. Wait with sl below 20 on weekly closing basis.


NMDC : we initiated longs last month around 102 for 120-35. An ABCD pattern is in making with target of 137, so you can stay invested. Support on dips 120-115.use dips to enter for short term as well as long term. Monthly charts indicates targets of 130-45 to 162-90 in medium term

Tata chemical was a buy above 685 but triggered stop-loss 670. Add only on close above 675 for targets of 690-711-40

PNB is a buy with stop-loss @64 tr 67-69-72