A great fall

Hi Investors,

Nifty is falling like anything. Many reasons are behind it like rupee and global markets. Let the market cool before any fresh positions.

Ranbaxy down

Here goes ranbaxy into hell's red hole. Toansa plant manufacturing shut down. So our prediction's basic premise changes and our ranbaxy prediction are null and void now. But now ranbaxy looks good for fresh buying after consolidation.

Trading ideas for short to medium term

Hi investors,

We have market topping out. It can break out but can't see any possible indicators of that. No major change. But some green shoots are there. But overall look at some positive trades to go by. Some even down beaten stocks for some upside.

Jai Corp:

Jai corp in on support. And is looking to go for upmove. Buy above 71.25 for a target of 79 to 87. With a stop loss of 77 for medium term.

LT finance Holdings:
LT finance holdings is not only a good long term buy but also looks good for medium term to short term. Seems to be breaking Wedge. But I would wait till it breaks it successfully. It has a habit of going back. If breaks with good volumes along with RSI breakout. We can buy for a target of 78 to 84.

Sintex Industries:
Sintex industries have been recommended by me many times. Again it is resting on 200 moving average. If it doesn't break out below it can buy for upside till 40. Stop loss is one point below it which can be assumed at 30-29. Good risk profit ratio.

Tata global beverage:
TGB Looks to be on upmove as said last time to checkout. You can buy it for target of 160.

WIPRO:(RISK STOCK)
Wipro seems to be making new highs without any problem. And what we can see here is a hammer formation. Shows buyers are available in market. Volume is convincing. People can take risk considering no other industry is showing better profits than IT. But WIPRO is a weakest among top IT so beware on that front too.

Some new ideas

Hi investors,

Most stocks are on verge of going down or up. Most on resistance or support. So I have some new ideas for next week or so.

Crompton:

Dropped good but on support now.

LT Finance:

Looks like going down for short term after support break:

Ranbaxy:

Plant inspection by US FDA seems to be have affected the share but looks like now it will go up from 200 MA. If goes down below it then it would see more damage but expect rebound if it doesn't.

Sintex:

Getting support for medium term from trend line.

TGB:

TGB  seems to be on its medium term support.  Can rebound for 160 target.

LT finance holdings

This stock is bound in a wedge pattern and could break out from it. There is also a rumor going on that
LT finance holding could get banking liscence. If it gets banking liscence we can see 200 levels too.

Tata Power

Hi investors,

Market seems to be in a range bound manner. 6343 is the resistance here for nifty.

Tata power:
Tata power is looking good for rebound. But we aware only buy above 80.
Target: 85/92
SL: 76.5
CMP: 78.4

Sintex and Tata steel

Tatasteel had a target of 370 and it touched 375.
Sintex made a high of 40. Reco: 31.

Tata Steel

Hi Investors,

Looks like 3 day losing streak of market will break tomorrow. Hope so! Market is near support and can jump from here for 1 or 2 days.
Lets jump to our stocks.

TATA STEEL: Tata Steel looks like on a good breaking point. It has breached its support heavily and can go down further if market goes down with it.

Target: - 360/370
SL: 406

New stocks

I have two stocks for you for next trading day. I have more hopes on Tata Steel since it has been going good for long time.

Rcom:
RCOM looks like going on a good fuel and now looks like making another run.
Buy above 134
Target: 144
Stop Loss: 129

Tata Steel:
Tata steel shows good promise.
Buy above 419
Target: 447
Stop Loss: 400

Surprizing day

Hi investors/traders,

What a day! Market made a good high but then made a dismal low. In between these two points our Raymond jumped more than 4 percent intraday and good profits were there for taking for the sharp ones. Made a high of 308.

For now the market is on edge. Below 6222 next target would be 6140 and market CMP is 6121 :D.

So for now Sintex looks good as it broke its trend lines(wedge) and it didn't go down significantly today. So there is some hope left. Buy that if you want to put your money on.

Last time when we recommended Sintex on 2nd Dec 2013

Dish TV

Hi investors/Traders,

Happy new year.

Now coming back to business dishtv looks again ripe for some upswing acc. to parabolic SAR and bollinger bands.

Above 62 it can go for 65 & 68.

Keep SL: 60, 59.