ABB : Long initiated in Sept Fu @ 712-15 in Thursday trade. Now stock is trading near 723. Hold longs for target 737-52-72 with strict stoploss below 702 Support exists 712-8.
AxisBank : Looking weak on charts. Sell below 996 for target 981-65-55 to 925 in short term with sl1015.
Adani Ent : Looking good for entry @ current levels.Long aove 157 for target 161-72-78 in short term.Keep sl below 153.
BalramPur Chini : Stock looking good on charts for short term target of 71-72 to75-77 sl below 64 support@66
BankIndia : Stock is in long term downtrend.we also shorted this stock many times at different levels from 342 to 380.Now we entered long this stock near 254-55, Stock has good trendline support near 241 in weekly charts.We hope this stock to move up from current levels towards 262-68-72 to 305-30 in next 1 to 2 months.
CanBk : Stock looking good for target 332-37-52 in short term with sl 311
Jindal steel : wait & watch . lower targets 327-300 if closes below 350 for 2 days.
OBC : Stock looking good for tr 235-45 in short term.sl below 220
PFC : Long initiated@155 in Sept fu after booking profit@ same level inAug fu short call given@175.Now stok is trading above 161. Hold longs for target 167-75 to 182 in short term. Keep sl below 155 on closing basis.
Polaris : Sell for target 113 &110-09 with sl 119
PTC : Last weak we initiated short @60 for target 58-56 on this counter. Now stock is trading near 54-55 near trendline support. Stock looking good on daily charts. Stock got buying support/short covering in Friday session.We hope this stock can give you near 10% returns in next 1-2 weak.Long above 55 for tr 57-58.50-60 with sl 52.25 support@53.50
Rel Capital : Looking good on charts.Long with sl 318 for tr 332-40 & above
Other stocks to Watch
Longs : Bata,Biocon,OFSS,JSW
Shorts: LICHSGFIN,PantaloonR,Orchid Chem.Coal India
AxisBank : Looking weak on charts. Sell below 996 for target 981-65-55 to 925 in short term with sl1015.
Adani Ent : Looking good for entry @ current levels.Long aove 157 for target 161-72-78 in short term.Keep sl below 153.
BalramPur Chini : Stock looking good on charts for short term target of 71-72 to75-77 sl below 64 support@66
BankIndia : Stock is in long term downtrend.we also shorted this stock many times at different levels from 342 to 380.Now we entered long this stock near 254-55, Stock has good trendline support near 241 in weekly charts.We hope this stock to move up from current levels towards 262-68-72 to 305-30 in next 1 to 2 months.CanBk : Stock looking good for target 332-37-52 in short term with sl 311
Jindal steel : wait & watch . lower targets 327-300 if closes below 350 for 2 days.
OBC : Stock looking good for tr 235-45 in short term.sl below 220
PFC : Long initiated@155 in Sept fu after booking profit@ same level inAug fu short call given@175.Now stok is trading above 161. Hold longs for target 167-75 to 182 in short term. Keep sl below 155 on closing basis.
Polaris : Sell for target 113 &110-09 with sl 119
PTC : Last weak we initiated short @60 for target 58-56 on this counter. Now stock is trading near 54-55 near trendline support. Stock looking good on daily charts. Stock got buying support/short covering in Friday session.We hope this stock can give you near 10% returns in next 1-2 weak.Long above 55 for tr 57-58.50-60 with sl 52.25 support@53.50
Rel Capital : Looking good on charts.Long with sl 318 for tr 332-40 & above
Other stocks to Watch
Longs : Bata,Biocon,OFSS,JSW
Shorts: LICHSGFIN,PantaloonR,Orchid Chem.Coal India
