Bank Nifty : From 15200 now its above 20000 mark. Still Bank Nifty looking hot for our short term targets of 20400-20700 in coming days. Sustaining above 20800 will open fresh upside towards 21800 to 22500-24500. On downside Bank nifty has good support in range of 19800-19650 Breaking these levels can trigger downside upto 19300-19000-18500.
Nifty : Nifty completed our target of 8800. Nifty still looking positive & can face resistance in range of 8920-8930 Above this range target will be 8980-9010 to 9100-9280 in coming weeks. However due to global concerns ( Negative effect of Greece election outcome) if nifty breaks 8775 with volume next support will be 8720-8625-8550. Stay long.
Exide Ind : During the week long was advised near 188-92 for the target of 200, Now stock is trading near 202, stay invested/add more above203 for the targets of 209-220-25 in coming days with sl below 196.50
RCOM : Stock is looking good for possible targets of 89-92 in coming weeks. SL below 77.
SAIL : Add for 80.50-84 sl 76.50 Any fall below 76 will trigger fresh downtrend.
Ashok Layland : Stay invested with sl below 62 for targets of 68-73 in coming days.
Jindal Steel : Above 164 stock can fly towards 177-200-220 levels in coming months. Stay invested.
Tata Power : Fresh breakout seen on daily charts. Add for targets of 5-10% move, Support 87.50 Stoplosss 85.50.
Adani Power : Add for 55+ levels.
Updates :
Diwali Portfolio Pick:
Alembic Pharma : Stay invested. Need a close above 491 for further upmove. Good support@470.
Bank India : Stock can provide fresh opportunity for entry near 280-68 below 291 in coming days.
BGR Energy : Stock hit 170 from 163-64, Stay invested for our targets.
Dish TV : Stock did 81 from 68.65 during the week. Stock has rewarded investors with over 42% return in last 3 months. Stay invested for higher targets.Near term targets will be 91-102.
Genus Power : Add again above 27.25
IDFC : Stock hit 177 from 146 in last 3 months. Stay invested, Add more on dips near 170-64 with sl 162
IBRealstate : Stay invested : possible targets in short term will be 80-82 to 86-90
Kalpataru Power : Stay invested for higher targets as mentioned inprevious posts.
Kolte Patil : exit if breaks 185 on closing basis.
LIC HSGFIN : Book some profit(30-40%). Stock has rewarded with almost 50% returns in last 3 months. Add more near 460-30.
Megh: Stay invested.
Man Infra : Stock did 22.75 to 40.20 in last 3 months, Now book some profit (30-40%) & add buy same quantity on dips near 32 in coming weeks.Stay invested.
Madhucon : Add more above 36 for 42 & above.
Oriental Bank of Commerce : Stay invested as per call updated last week.
SUNTV : Stock hit 439 from 312, Stock took support near 400 as updated on facebook. Stay invested & keep stoploss near 388.
SPARC : Stock hit 192 to 335 in last 3 months rewarding with above 70% returns. Stay invested for 360-80.Support 310
TVS Motor : As updated on Facebook, Stock took support in range of 300-295, Stay invesed Keep sl at 292 Below 292 stock can provide fresh entry opportunity near 270
TV-18: Stay invested for higher targets.
Titan : Hit 390 to 408 during the week.Stay invested.Below 389 stock can provide fresh entry opportunity near 370
Unity Infra : Stay invested.
Wipro : Stay invested : Stock can move towards 625-40 in coming days. update your trailing stoploss to 577.
Investment Ideas :
Century Enka : Stay invested/Add more with sl 170.
Amtek India : Stay invested as per call given last week.
Bliss GVS : Stock did 67 to 85 in just 3 weeks.Stay invested. Support 79 sl 77
Hindustan zinc : Stock hit 157 to 167 during the week. Stay invested for final target with trailig stoploss of 164.
Trading Ideas:
ALBK : Stock trading near support. Breaking 124 will trigger further downside.
Arvind : As expected stock bounced , hit 282 from 273 & due to resistance came down to 270 again.Stock can test support range of 260-55 again.Trade long only above 273.
Asian Paints : Stock got support near 830 but still looking weak Sell on rallies with sl 893 on closing basis.
BHEL : Stock need to cross 288 for fresh upside.Below 277 stock can test 270& below.
Crompton : Wait for longs till trades & sustains above 195 with volume.
Century Tex : Support@ 555-48 Below 562
DLF : Stay invested for targets given last week.
Goderej Ind : Stay long for targets given last week.SL 308 on closing basis.
HBL Power: Stay invested for our targets.
Petronet : stock is now trading near channel support. Add with sl 185 for tr 200+ in coming days.
HDIL : Stay long for targets given last week.
Hind Dorr Oliver : Last time stock did 14 to 29, Now add near 21-20 with sl 19.50
IDEA : A great call. Stock hit 152 to 169+ in last one week. Almost 11% returns.Stay invested for 186 with sl 166.
JSWSteel : stock hit 980 to 1021, Stay invested with sl 1008
Rel Cap : Long was suggested last week near 465, Now stock is trading near 476. We recommend to stay invested & add more if trades & sustains above 482 for the targets of 492-512 in coming days. Below 472 stock can retest support levels of 462.
REC : Stay invested, Change stoploss to 316 from 310 on closing basis.
SKS Micro : Fresh longs advised on friday near 440 SL 435.
Trading/Short term Investment calls closed after completion of target:
Subros : Completed our target during the week. Hit 78.45 from 70 (Our target was 10-15% upside, stock did 12%)
Magma : Stock trading rangebound.Completed our first target but not moved as expected.
Amtek Auto : Failed to close above 182, Support 174-70.
Apollo tyre: Stock did 227 to 237 during the week.
Astra Micro : Stock hit our first target 145.
Hindalco : Stock failed to move as predicted. Exited short.
ICICI Bank : stock did 355 to 375 during the week. Nowwe will reenter only above 375.
SL Hit
Bharti Short hit sl after our first target
Asian Paints: Hit sl after our first target.
Timely exit :
These stocks came down decently after our timely exit. A Timely exit is indeed a profit.
Educomp
ING Vaishya
Federal Bank
IVRCL
Hind Dorr Oliver
Jagsonpal Pharma
Jyoti Structure
Raymond : Exit on braking of 525 was updated on facebook
