Our views on various stocks (discussed with whatsapp broadcast list members on Saturday 21.11.2018)
KPIT : last time buy was advised near 200 and after testing 315 stock is again in same range. Stock is taking support near long term trendline. One can buy KPIT at cmp/on dips near 196-204 sl 185. Resistance /target 224-34 if crosses 240 than 265.
Tatamotor below 177 tr 160-55. best entry level 155-65 with sl 150 tr 195 .if holds 175-77 than add above 195 for investment tr 235-55
TCS 1800 is working as a good support below that tr 1725-1700 to 1585 . for investment watch 1900 to hold
Sun Pharma 535-40 is working as resistance above that tr 578-610 support 497-85. Only below 485 more downside . Use dips to enter.
Auro Pharma supp767(50dMA)for further upside a close above 821 is required. Tr Will be 1000+. Below 767 tr 733-720-695.
Yesbank trade long if holds 195-200 for tr 230-50-300 below 177 tr 160-50 to 100
Eicher : long was advised near 21000, use dips to enter support 23000 Keep sl below 22300
Bhansali :has already corrected almost 60% nothing to loose now. Hold position with sl 67 .if holds ,try to average. Below 65 more downside possible. Stock was trading @20-22 two year ago.
Force motor hit resistance 1975-2050 (check our last blog post). Add again with sl 1650
HDFC short term traders can book profit. Support 1820-1780 fresh breakout above 1925 for 2000-2100-2300
SunTV support582 below that 550. Use dips to enter.
Snowman logistics with increased uncertainty in global trade, more fall possible. Exit fully if breaks 31, trade long only above 42.use bounce(39-40) to exit.
Infy: use 615-585 to add/average with sl 585.
ITC below 277 tr 272-65 above 286 tr 293-305-316. Use dips to enter.
Relaxo use upmove to exit. Fresh entry on closing above 786
Relinfra :watch 375-80 if trades above this tr will be 410-30-40 and above but if fails and breaks 350 tr 275-225-175 in coming months.
Tatasteel has trendline support near 505 so tr 525-505 and
below that 450-30 possible. If holds 505-25 target will be 610-30. At Cmp add short with sl 555
Stertech support 330-20 below that tr 300-287 sl for shorts 352, above 352 tr 365-75-85
Kiri IND : hold with sl 400 ,fresh longs above 500
Indusind bank need to close above 1585-1600 to confirm h&s/c&h breakout. Till it happens stay short for more pain in coming days
Welspun Corp has good support near 140-150. Use dips to enter long. above 175-80 tr 210
Jswsteel 327 breached 307-295-70 possible .trade long only above 337
Aban can retest recent lows below 79
Ducon infra :don't know this company but from 90 it's now at 13-14 .weekly charts still bearish. Stay away. Or if you want to take risk, add here with sl 12
Raymond : buy on every dip, 720-690 is best level to enter.
IOC can test 128-22 again. We added near 108 booked near 145.above 140 tr 146-55
Hexaware 290-75 is best level to enter. above 325 tr 400. Start accumulation.
Knr construction : add only if sustain above 205. Till than stay away
