Nifty: Nifty has completed our targets, now any fall below 8810 will trigger sharp fall towards 8770-8720 while above 8900 nifty can test 9000-9135, Buy on dips.
Bank Nifty : Trade long above 19225 for 19450-19625-800 Support exists near 18970-850-700.
ALBK : As predicted stock is getting good support near 107. Stay long & add more on dips near 109-10 for short term target of 117-21-24.
HDIL : Long was advised near 75 & we are continuously updated our targets.Now stock is trading near first target 124, Stay long/add more above 124 for our final target 148 in coming weeks with trailing stop loss below 110 good support exists near 115-14
ITC : Long was advised near 372 for a short term target of 390, stock has already touched 400 mark & still looking good for a possible target of 420 in next few sessions. Stay long/add more with trailing stop loss of 385. Stock has good support near 390 level.
BHEL : Long was advised near 252 during the sharp fall last week, stock has moved sharply from 250 to 277& still has potential for further upside. Add more/ hold for targets of 300-320 as mentioned in our earlier posts.
Jain Irrigation : Long was advised as Budget pick near 65-66, now stock is trading above 70, Stay long/add more for target of 75 & above.
Jindal steel : Our portfolio pick : Stock was recommended time to time & 2 weeks ago on dips near 142 now stock is trading well ahead & has rewarded investors with almost 50% returns in just 2 weeks. Stay invested/Add more on any decline near 182-87 with sl 172.
DLF : Use dips for accumulation with sl 140
REC : Stock is providing buying opportunity. stock has good support near 312-14 . Add for a possible target of 327-35, Below 313 stock can test 300-296
Bank India : Stock need to close above 242-44 for further upside. Buy on dips near 232-36stoploss for all longs will be 225.
Titan : Buy above 440 or on dips near 430-23 range with sl 415 for 5-10% upside.
Investment Ideas :
HBL Power hit 58.70 from 32 in just 2 months, Stay invested, above 58 short term target will be 72.
Kalpataru Power : Stock has already rewarded investors with good 70% returns since Diwali. Stay invested for our target of 300 & above with stoploss of 225 on closing basis.
Man infra : stock has done 22.75 to 48.50 in last 4 months. stock has formed double top near 48.50 which is a bearish sign. However we advise investors to add more on dips & above 47 keeping stoploss below 42
