How To Trade : Hindalco, Hero Motor, Himatsingka, Apex, BHEL, BEPL, Balrampur Chini, Bandhan Bank, CESC, Dr. Lal,

 

Apex Frozen food : Long call was initiated @252 on bullish engulfing pattern, Now you can easily identify a head and shoulder pattern on daily chart, hence,fresh longs can be done above 287 for another 15-20% move. stop below 272.

Balrampur Chini: Longs were initiated around 142-44 (To clients), now stock has completed our initial targets of 151-58, but the charts still look interesting and formation of a cup & handle pattern can be identified easily. with stoploss of 150 one can trade longs for 200-225 in coming weeks.

Bandhan Bank : Stock has resistance around 300 and 307. Trade long only above this range for a sharp move. Stock has good support around 275-67

BEPL : Long was advised around 50-52, now stock is trading well ahead at 64 and can be added further as per chart pattern visible below. 

BHEL : We added this stock near 20 and again around 30-32. Stock is doing well.A breakout of Head & shoulder pattern above 43 can attract fresh buying for targets of 65-72 however stoploss will be deep around 38.

CESC : The candle pattern formed during Friday and the trendline resistance tested indicates some profit booking at these levels. 

Dr.Lal Pathlab : We initiated longs when stock was around 1500-1550, stock did 2029 and currently holding 1800 level where it took support multiple time. Breaking this support can lead a drastic fall however candle pattern indicates that it can be prudent to take longs with stop blow 1800.

Hero Motor : A flag breakout is seen and targets can be good ahead, however stoploss is also deep around 2700-2600. invest for long term.

Himatsingka : Stock was initiated around 60-62 and doing very good, we are already at 50% profit. Fresh longs can be added above 90-92 for a big move which can lead stock to 110-25-50 in coming days. as per H&S breakout.

Hindalco: Stock need some fresh air for further upside. Stock has already doubled in last few months. Below 194 we can see182-80.