Update

BHEL looks good. Wait for targets. 

Indian overseas bank And BHEL

Hi investors,

Two stocks both Indian Overseas bank and Bhel.

Indian Overseas Bank:

It is near resistance and after it breaks it can go high. 200 day average is also near for breach. So buy it after 53 and more after 200 day average breach.
Target: 60
SL: 49

BHEL:
Bhel also on breakout. And acc. to RSI looks like BHEL have some juice remaining.

Target: 205
SL: 165

Updates

Market may move down further to stabilize at support. Many stocks are showing breakout but let them cool down at support. 

Keep an eye on raymond.

Nifty may go down tomorrow!

Nifty may go down tomorrow! Keep out of longs!

Raymond and ITC

Hi investors/traders,

I am back after a week long break. Nifty is acting on support and resistances. Ranbaxy jumped as I predicted in last posts.

Some new stocks to lookout for future:

ITC: ITC is on edge for quite a few time now. Looks like it can go down if it breaks 310 with good volumes.

Target: 295

After break keep SL of 313

Raymond:

Raymond showed good volumes and looks ripe for good "cup and handle" breakout! It may take time to break out above 295. Considering clothes industry is doing good taking Bangla conditions. It can jump considerably till 320. Keep tight target of 310 after break out. And SL: 387.

Ranbaxy as predicted

Ranbaxy was predicted that it will reach 440 levels. And it touched 440 today. Congrats. check the old chart below.

sintex hindalco

Check out for hindalco and sintex(again). They may shoot up if market shoots up. Sintex is on trendline.

Bajaj corp, hindalco, nifty

Hi investors/traders,

Nifty has gone down considerably and is near support as shown below. So buy if it rebounds tomorrow. But it is highly unlikely considering weak inflation data. So it can also go down till 6156. Below 6156, 5940 is next stop. For up 6300 is the target for now. So trade after 10 15 - 10 30 only.

BajajCorp:

Bajajcorp is near support. So if it goes up tomorrow then buy till target of 240. If nifty too goes up then it is even more strong signal.
SL:210

Some stocks to look at for near term

Hi investors/Traders,

Nifty and market jumping to BJP's victory but that is just a momentary change. Market is still not good in fundamentals so be wary of going long term on market but be stock specific.

Lets look at a few stocks which can breakout or show a better trend for short term.

Ranbaxy:
Looks like it is finding support at trendline and also at RSI. So would advise to buy for a small target of 440 if it jumps.
SL: 416-413

Hindalco:
Hindalco is showing bull signals of all kinds but I am still wary because it is on verge of resistance it can also go down but RSI suggest it can break its resistance and also a hammer is getting formed which shows buyer bias.
Second view: If it goes down it can go down till 116 or till trendline as shown in figure.

Target: 134
SL: 120 (if it opens positive without any gapups or hammers at the end of day)

Updates

Nifty jumped due to exit polls. Monday jump can also be expected.
LnT call not triggered because it not went negative. So no trade on this one.
For monday we can look at tata motors which is looking bearish. Monday it can jump or go down but on tuesday it looks it will certainly go down due to selling pressure.

Happy hunting!

LnT temporary bearish

Hi investors,

I come today with greetings and trend on LnT. I forgot to check on LnT clearly yesterday and missed one move but we may have one more move in our hand before it touches its support of  1014. So be bearish yesterday on LnT if it goes down further.

Target: 1020
SL: 1050.

Catch this trade early yesterday or it may touch target fast if market goes down or will become useless if trend goes otherwise.

Dish TV rocked

Hi investors,

Dish TV was recommended  yesterday. Then it jumped 4.6%. Touched a high of 61.4. It worked too good. Touched first main target in one day. Cheers!

Sintex didn't work as aspected. False breakout detected. Sold holdings below 33.

But DishTV profits eclipsed losses of Sintex for me.

Dish TV

Dish TV:

This one seems to be on a CUP and Handle but not quite right pattern. So I would advise to keep this stock on short leash but can reap good short term benefits for small risk.

Buy @ current levels or 57,56
Target: 61, 63
SL: 55,54

Sintex analysis

Dear investors,

Sintex reached 35.40 high intraday. Good for profits. But now it is going towards a bearish reversal pattern(evening star pattern). So if it goes down tomorrow below today's low(on closing) then this stock is good for exit as the bullish reversal is complete.

Sintex Industries may go ballastic

Hi Investors/Traders,

General trend on nifty is positive but 6223-6240 is resistance zone which is not breached today. So we can expect some reversal tomorrow. If you want to take risk can go for 6200 or 6000 Nifty december Put.

Following is trend on sintex Industries:

Sintex:
Sintex is looking positive acc. to its technical indications. Cup and Handle and Head shoulders(partial) trend is clearly visible. After 34 intraday consolidation one can buy this stock in cash. Option call is also good but nifty may backtrack tomorrow or day after so can take option call down with it. So be careful while trading in Options but Cash looks awesome on this.

Buy above 34 Intraday.
First Target: 38
SL: 32, 31(on closing on cash)

November calls review

Hi investors/traders,

I am giving a review of our november calls. Some were too good.

All support levels for for Nifty worked as predicted. Nifty danced acc. to the analysis.

ITC: Given at 319 for a sell target of 310. Achieved.

ONGC: Given on 5 nov. RECO: 283. Target 293, 299. Last close 299.

Voltas: Given a call on voltas at 87 for a target of 95. And it worked acc. to the technical analysis and it was our best rocket stock. After breaching 95 it went rocket and touched 116 in two days. 20 Percent profit for cash and 48000 profit for 2000 investment on Options call.

Arvind: This call was given on 11 nov and at 114 levels. It went continuously till 127. One more rocket stock.

SBI: Call given at 1704. Went till 1823 without break. Good profits.

Tata Global Beverages: Call given at 145 levels for long term target. Short term call for 145 worked instantly. Currently at 148.9.

Crompton: This call was given recently at 118. I sold this at 125. Can go to 130. It went till 127 in two days.

Stay tuned for more such calls for December!! :D

Old calls and new calls.

Hi all,

Our all old calls worked which triggered.

Voltas: Reco: 88 . Target :95 achieved.

ITC: First target of 310 achieved a few days ago.

Tata global: Given yesterday for short term target of 145. Already hit.

New Stocks for profits

Hi all,

So as predicted market jumped today. But it doesn't look impressive as of now to go much ahead as this time bullish signals were not much inspiring.

I come with two stocks which are looking bullish by trends.

Crompton:

This stock looks impressive as it broke a significant cup and handle pattern and sky is the limit. If you remember last time same thing happened in LnT and check out where it is now. :D. So
I would advise to enter this stock now and target would be at least 130 for now and then keep trailing stop losses after that. SL: 110

Tata Global Beverages: 

I have advised tata global beverages for long term but for medium to short term traders a good opportunity comes your way. It is showing bullish reversal signals like Doji's. If it closes above yesterday's top then buy it for a short term target of  145. SL 139.

Nifty buy short term

5965 is the lower support for nifty and it rebounded from that. So buy nifty CE for a target of 6200 before november expirty.

As predicted

Hi Traders/investors,

As predicted in our last post 6200 was the resistance on upper side and market fell after that. Below 6050-6090 range it can even go more down or else remain rangebound. Be very careful in this market it will range bound and trade for small profits only.

Markets and Tata global beverages

As I predicted market went down till our last resistance and then jumped from there. I myself reaped good profits on jump. It will jump one more session till 6200. Beware of trading at these levels.

Now we would jump to a new stock which caught my eye. Tata global beverages. This stock is going down very heavily due to merger issues although its profits are very good for Q2 and beverages are good business now a days too. And tata is a big player in beverages. Stock looks very nice for good long term target. I would advise buying it and holding it for long term( in years).

Quick look

Hi investors,

Quick look.

Nifty going down breaching 6090 looks like next support is at 5965.

Sell Hindalco  Below 109.5 . Quick intraday target 105. Be sure to clear your holding if nifty catches up to bulls.

For DLF: Below 142 if it doesn't rebound it can go to 137 and 127.

That's all for now.

Latest bites for good money

Hi investors,

Nifty dropped today too and touched our target of 6093 as predicted earlier. So shorts are covered. Now time to go temporarily long for now. No sure targets but I am also going to give you some more stocks to go with market. If market will go up SBI will go up too.

Nifty:

SBI:

If it holds resistance of 1700-1690 on closing basis and nifty goes up simultaenously. Otherwise SBI will go range bound if it drops.

Target: of latest high made 1896.

SL: 1780.

Aravind:

Great breakout for long term. But be careful as it is also at all time high. But with Nifty going up it will shoot.

Target: As much as you can stomach. 

SL: 110-111

Short term

Hi all,

For those who are interested in short term trade in this choppy market. Look at voltas below. Looks like a good stock ready to rise a few points with market. There could be one more dip after which it would rally along with nifty for a target of 95.

Report

Quite surprising our ONGC call is working well above all others . we expected least from ONGC. looks like it will get its target pretty fast.
DCB still on top. ITC not responding quite well to prediction.
For others breakout not achieved so no trade for them. choppy Market can give whiplashes. Trade wisely.

Promising stocks and trends

Hello investors/Traders,

Nifty has been on edge and little profit booking happened today. Lets see how it fares for next couple of days.

Nifty: Most probably range bound with support at 6222,6141 and 6093.

ITC: Stock is going down hard with good volumes. Place shorts!

Target: 310, 295 and 289

SL: 333

DLF: DLF is on edge. Threatens to break trendline of triangle pattern. If 164 is broken on upside than buy.

Target: 168, 174 and 190

SL: 153

DCB: This stock is topping out with good volumes keep and good eye on it for direction.

ONGC: Keep an eye on ONGC as it is trending sideline with support at 281 and resistance at 293. If it doesn't go below 281 then buy.

Target: 293 , 299

SL: 279

Hello investors/traders,

What an eventful month specially around Diwali celebrations. I have been busy so couldn't analyze some stocks but yes my eye was on the market all the time.

All PSU banks jumped through roof. We also prescribed some.

If you look at our october recommendations all stocks jumped acc. to targets given.
Now coming to broad based market Nifty is high despite the underlying rot in economy. So in all this I would advise holding Shorts for 6100-6000 call for profitable targets for this month.

Please be sure of keeping SL for 6100 because whiplashes are expected. And buy when it comes to this level.

I would give more views on stocks which you bet tonight.

SL - Stop loss

Stop loss: Stop loss called SL in short form is the price at which you should sell your stocks if they go opposite to your prediction to mitigate your losses.
SL is a must for every day. Avoiding stop loss is our general tendency because we always think that stock will turn around but that rarely happens. We have to get over this mental block and should always keep a SL before every trade.
Avoiding stop loss generally leads to heavy losses. Rather than avoiding LS keep your trade profitable by buying at good time(DIP or HIGH).
SL should be generally strict for F/O and intraday segment and less strict or trailing for cash market.

Happy trading and Good luck!

Interesting day today

Hi Investors,

Interesting day today because we are high and nifty is again breaking out but the issue is it has gone down from here many times. And almost every stock we monitor is breaking out and going high. But be very careful risk is high but reward is equally high. High cash trading is advised since it is not subjected to expiry whiplashes of F&O/derivatives.

So trade today in cash market and reap rewards till nifty is going high and beware if it goes down as it has done so in past many times from these levels.

Curious case of RBI policy

This is a unique day. The markets hiked despite betting that market will go down. Very good and curious day. All our stocks looks like going high which we have been tracking but this could be a whiplash. So we would still wait till expiry but willing traders could go for expiry risky trades on atleast banknifty.

Wait till RBI numbers

Keep your eye on RBI announcement. Till that market will be choppy and would not give any clear signal. If it jumps above 6100 on closing basis means market have a bullish trend or it goes below 6100 then that means bears will continue pushing market down.

Wait till RBI numbers

Keep your eye on RBI announcement. Till that market will be choppy and would not give any clear signal. If it jumps above 6100 on closing basis means market have a bullish trend or it goes below 6100 then that means bears will continue pushing market down.

Some observations and previous calls.

Nifty at important resistance and support of 6100. If it breaks support of 6100 then you can see more downturn on closing basis.

Our DCB call worked wonderfully but targets remain.

And our Cairn call breakout price didn't reach so no trade for that one.

We are still very careful because market is still not showing any clear signs of any trend. We will wait till expiry.

Stocks for expiry week

Hi Traders/investors,

Lets look at these two stocks.

Cairn India:
Cairn has been on upswing since few months but it is reapproaching its support and has touched its trendline support. It has a support zone at 312 - 310. Below 312-310 on closing basis it can go down too as people are still apprehensive of its deal with vendanta which is not coming off.
If it goes above 315-316 on closing basis. Then buy this stock. Otherwise leave it.
Target: 328-334
SL: 310-308




DCB:
This stock was given a sell a few days ago. And now it is following the prediction very well. But be careful while trading intraday as this stock is a jumpy one. But general trend should follow. Use your own discretion.
Target: 48,46,43
Current SL: 51

Old calls: LT and Bajaj corp completed target wonderfully.

Our old calls which worked wonderfully.

LT:  Our call worked very well. Touched the targets that were given earlier on 11 oct.

Bajaj Corp: This call worked well too. Our target were of 240 on correction and they got hit very well. Targets were given on 17th oct.

Hi Traders,


Nifty Choppy as said. UP and downs. 6240 breached but couldn't hold but there is a chance it will go up till 6350 if it closes above 21000 on BSE and 6230-6240 on NSE.
Lets have a look at chart.

Bank Nifty:

Well bank nifty is around a break out. If it breaks then expect bank stocks to make a rally. UCO bank is also on breakout. So look out for that.

After 10950 breakout expect a rally for a target of 11190. After that consider next target as 11748.

Wipro:

Wipro looks on a sell spree. Take the trade while you can sell it as it will not go on for long. Sell below 468. 

Target:455

SL: 484

Keep it tight. This is a buy stock in actual but it may go down for tomorrow. Remain very strict with this one or you will lose money. Trade after 10 15 only.

UCO Bank: As suggested earlier it has resistance band of 68-70 which it is breaking quite often.

Target: 75

SL: 64,63

Keep an eye on Indiabulls realestate as advised earlier it had posted a strong result and is down today due to profit booking. Buy it at current prices with target of 71 -75.

Overview and new promising stocks

Hi Traders/investors,

Nifty looks choppy as predicted. Nor a clear fall or a clear up. Possibly because of good breakout and bad economy. But we expect it to go on rangebound mode till elections.

Nifty:
Short nifty below 6093 on closing basis.
Target: 6000
SL: 6180

DLF:

DLF seems to be going rangebound again as predicted earlier too.
Buy Puts below 157.
Keep holding shorts then for a Target : 130
SL: 165

 IndiaBulls realestate:
For medium term this stock is still bullish. Buy on dips.
Target: 72,75.
SL: 63,62.

SRS limited:
This stock is showing bearish trends. If trend line is broken it can go down for a short term target.
Short below 35.9. It can go till 34.80 for correction in stock.
Target:34.80
SL: 39
Keep this trade tight with strict stop loss and targets.

Calls worked. Profits booked.

All our short to medium term calls worked wonderfully. Profits booked. Check our last post to confirm.

ITC

ITC:

ITC  at all time high and at a resistance. Results are due for oct 25. Most probably results are going to be good. Buy on current levels.

Current: 345
Target: 370
SL: 335

New lucrative calls and breakouts

Hi traders/Investors,

Some calls.

SBI:
SBI looks like rangebound but can also breakout so if a breakout happens after 1696 then it can go upto 1800. I would advise holding it for long term as SBI is gonna rebound.

UCO Bank:
Banks are now pushing the Nifty instead of IT stocks so UCO looks good.
UCO bank looks promising it has broken its trendline and now on slanting support line and moving ahead towards 68 resistance. If broken can go to 75.

Target :75
SL: 64-63.

Yes Bank:
This stock has also broken Cup and handle trend and also getting support on slanting trendline. After 362 it is going to for target of 390 and then 425.
Current price: 358
Target: 390, 425
SL: 330

Our Old calls

Hi Traders,

Nifty at all time high and also on edge of tumbling either side. My mind says it will come down and become range bound but that doesn't mean you can't be bullish on individual stocks. I can also be wrong about Nifty but till now it is looking right. A stronger ruppee can push Nifty up too.

So Lets look at our old calls.

LNT: Targets achieved and a highly successful call. Stock zoomed past as expected and are near second target of 940. I would advise to book profits for about 75% and leave the rest for 940 target.

Bajaj Corp:
Call was given for this stock and call performed wonderfully and reached a high of 237 and our target was of 240. Profits booked. It can touch a high of 240 but after that I would advise to go out of this stock as this is not a good long term stock and highly unlikely it will reach its old glory for at least 1 year due to latest acquisition of "No Marks" brand.

IndiaBulls realestate:

Advised to buy it after 63 and it zoomed past to 66. Huge 4 plus percent gain. Our target is of 71-72. Book profits after 71 with a stop loss of 62.

ONGC and SBI

Hi,

Nifty is at all time and high and also broke the barrier but bullish trend is still very much speculative as global and internal woes are very much real.

Larsen and Toubro worked great. But watch out for breakout as mentioned before for more buy.

Today I come with two stocks ONGC and SBI.

ONGC:

Looks promising and good fundamentals.

Buy at 283-284 levels

Target: 291 - 293(2 to 3 days)

If crosses 293 then next Target 310 - 320.(medium term)

SBI: 

Well this stock is some what different. Its fundamentals are strong but NPA(non performing assets) are one of the highest due to bad economy and other bad loans. But overall it is a cheap buy considering it is at 3 year low.

So I would recommend it for medium to long term because it will bounce back when economy recovers.

Buy at current levels of 1665 

Target: 2000

SL: 1450

For short to medium. Target: 1850 SL:1550