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How To Trade : AJANTA Pharma, Balmer Lawrie, BPCL, Bhushan Steel, Canara Bank, Capital First, DHFL and Equitas

AJANTA Pharma : Stock was in long term downtrend & has retraced almost 100% of its last rally. Now near 1120 stock has found some support .Stock can move towards 1500 if trades & sustains above 1230. Have a look at chart:

Balmer Lawrie: Stock is looking good for a move towards 244 & 270 if able to cross the resistance of 231-33. Have a look at chart.

Bharat Petrolium ( BPCL ): Stock is trading near bottom of its upward channel. A move towards upward range cant be ruled out in coming days. Have a look at charts.

BHUSHAN Steel : Stock is in downtrend & taking  trend-line support near 57. A bounce towards 63 is expected & above that stock can attract fresh buying. However breaching 57 can open ways for 50-45 to 42.

CANARA BANK : Long was advised in whatsapp group near 308 with sl 305. Stock is looking good for small move towards 324-30 to 340-48.

Capital First : Stock is in long term ascending triangle & above 800 a big move, of up to 40% , is expected. Have a look at chart.

Dewan Housing : Stock can test lower levels Have a look at chart
 EQUITAS : Stock is making  a pennant  & getting support near bottom of the range. Expect a bounce with stoploss of recent low.