Stocks To Watch

Nifty : Nifty long was given  (On facebook/Twitter)around 7800 & hit all our targets upto 8400. Nifty is still looking good for targets of 8460-8520-8600 but need to trade & sustain above 8410-8420 range which is working as a minor resistance on charts.Support for nifty is around 8280-8320 below that we can expect sharp fall towards 8150-20-8050.Holding longs & buy on dips will be a good strategy for this kind of market.

BankNifty : Long was initiated near 15200-15500 for targets of 16400 which was updated later to 17000 & 18000. BankNifty has already done 17651 in current week & still there is no sign of weakness.So stay long for short term target of 17850-18000 & 18500-600 & medium to long term target of 20000-21000 Support.exists near 17400-17000 & 16600-16350.

Arvind Ltd.: Stock is in downtrend.So we advise you to sell on rallies or any dip below 276. its safe long till trades above this level & short term traders can expect moves towards 289-299-310. Below 276 stock can test 265-45.

Adani Ent : Add above 492 for 515 sl 480

ALBK : Resistance near 125 support 113-15. Trade long.

Asian Paints : Breakout seen on daily charts. Buy with stoploss below 660 support 665 Above 680 targets will be 725-75 in coming weeks.

Havells : Stock has given fresh Breakout on weekly charts. Trade long for targets of 337-60-80 keeping a stoploss below 390 support exists near 301 levels.

Hindalco: Add for 167-74.support 148

LUPIN : Long was initiated last week near 1420. Stay long for targets of 1600-1800 in coming months.

INDIA Cement : Trade long above 111 & short below 107 for 104-01

TITAN : Add with stop below 370

Tatasteel : Add above 482 for targets of 505 in coming days. keep stoploss below 470.