PVR : Stock is in overbought zone and can slide any time due to profit booking. Upside left looks minimum. Above 1950-75 stock can move upto 2050. Support 1750-1550. If trades and sustains above 2050 target will be 2250.
Larsen and Toubro : Till last week I was very positive on this stock, and not only me but all big brokers were giving big targets. But now when stock failed to perform I have to revisit the charts and what I noticed is that till stock crosses resistance range of 1350-70 investor should wait and watch. Below 1295 stock can attract fresh selling for targets of 1250 to 1250-1150-20 and its due to inverse flag and pol pattern easily visible, however confirmation is yet to come.
Indusind Bank : Stock is in long term downtrend and can fall further. Sell more below 1320 for short term target of 1220-1150 with stoploss above 1400.However longs is advisable only above 1450.
Maruti : Trade long with targets of 8100 to 9000+with stoploss below 7100.
Larsen and Toubro : Till last week I was very positive on this stock, and not only me but all big brokers were giving big targets. But now when stock failed to perform I have to revisit the charts and what I noticed is that till stock crosses resistance range of 1350-70 investor should wait and watch. Below 1295 stock can attract fresh selling for targets of 1250 to 1250-1150-20 and its due to inverse flag and pol pattern easily visible, however confirmation is yet to come.
Sadbhav: Trade long for 147 and above that target will be 167-75 stop below 128.
Tata Chemical : From 675 completed our target of 740 (Hit 750). Stock still looking good and we are updating our targets to 762-84 to 825.
