PATNI COMPUTERS- The soft target

PATNI COMPUTERS- Currently trading at 535, buy for immediate target of 548.
close above 552,will take it to 567.
SL-525

Update-Wednesday 31st March 2010

Bhel: target achieved of 2428. call given buy above 2382 on 25th march.
ABAN Made a low of 1148.50, our call short below 1180 for target of 1135.

ABB: CALL Initiated today ,as it crosses above 833.

HDFC BANK Call given for today ,short below 1897,not initiated today, as it made a low of 1897.25. Levels are intact for coming days....

HDFC BANK- The deficit

HDFC BANK (Cash) Short Below 1897, for target of 1853.

Close below 1846, will take it to 1806.

SL-CLose above 1925

TITAN- Really

TITAN But above 1854, for target of 1878 ,1896-1912.SL- 1820.

DABUR- Celebrate yourself

DABUR: BUY above 162.6 for target of 169.3 , If closes above 171, then can touch 178.
SL- CLOSE BELOW 155.

ICSA--Definetly Yours

ICSA Buy close above 134. For target of 148.

SL: Close below 124.

UPDATE-Monday. 29th March 2010

SUN PHARMA Our target of 1751 achieved,made a low of 1751.
Our call given on friday morning to short at 1770-71,

BHEL On friday it made a high of 2403, our 1 st target was 2398.
But on that day it was open way above our given price, so call was not initiated.

ABB LTD- Productive Power

ABB LTD Current close 827.5

BUY above 833 for target of 847,878.

SL- Close below 790.

SUN PHARMA-

SUNPHARMA (CASH)- Currently trading at 1770-71, Short at current price for target of 1751. Close below 1747, will take it to 1723.
SL-!785

Bhel: The Electric Effect

BHEL BUY this stock above 2382,for target of 2399,2428.

SL:2369.

Update-25th March 2010

GSFC- Target achieved of 218.25, call given buy above 206.Made a high of 218.75.
TATA CHEM : Target achieved of 300.80,call given on 22nd march short sell at 308.Made alow of 300.10 and close at 304.
Bharat Forge Made a Low of 245.6, our call short below 259 given on 22nd march. our target 244.
SIEMENS Made ahigh of 763, our call given today ,buy at 753, our target 769-775.
ICICI BANK Made a low 913, our call short below 942, given on monday 22nd march.

Siemens-Simply outstanding

Siemens- Currently trading at 753, buy the stock for the target of 769-775, keep a SL of 747.

this stock ws earlier recommended in dec for more details click here

UPDATE-23rd march 2010

ABAN Target achieved of 1182, made a low of 1175.Call given on 22nd march,short below 1220.
BHARAT FORGE Made a low of 247.50,our call short below 259 on 22nd march.Our target was 244.
GSFC: Made high of 217.25, call given on 6th march to buy above 206. our target 218.25.

MCleod Russel: Made a low of 252,our call short at 265.

Updte-22nd March 2010

ABAN Made a Low of 1190, our call short at 1220, given yesterday.
JINDAL STEEL Made a low of 682 ,our call short below 690.
BHARAT FORGE Made a low of 250.60,our call short below 259.
ICICI BANK Made a low of of 921,our call short below 942.
TATA CHEM We advice to short at 308, currently trading at 309.5

Jindal Steel- Losing steam

JINDAL STeel After trying to cross 8th march high,which was not achieved come down below 700. Current closng 694.

Short jindal steel below 690 for target of 673. SL -712.

ICICI BANK- Fight will be on.

ICICI BANK After underperforming in jan , currently it has out perform the nifty and show good upmove in last 20 trading days.On thursday it closed above the resistance line. but suddenly on friday it reversed and tested the same resistance line which is now support line.it made a low of 948 and close near 956.

942 is last support for this stock. if closes below 942 will see panic selling and can touch 887 in coming days. Stock Look bullish if closes above 980 for more than 2 days. Short below 942 for target of 887 with stop loss 970.

TATA CHEM- Underperformer

TATA CHEM Currently trading at 308. Short is the advice for 1st target of 300.8, and close below 297 will take it to 288 level. SL:321

The stock has underperformed in current bull run started in feb, and never came near to its jan high.

Short means-short future and take indications from spot.

ABAN- Last Support 1180.

ABAN When Nifty touch 5300 in jan 2010 ,aban made a high 1539 .
But nifty when it is back near to 5300 by making low of 4676,Aban just made near to 1313. Currently trading at 1220. it has current support 1180. i think it may touch the support once may pull back some bit ,but lower side remains high.

If you want to trade, short now for the target of 1183.
Sl for 1237.
close below 1180 may see 1135. The stock look bullish now only when it trades above 1320.
The move is creating to be made as ascenting triangle.

Bharat Forge- Downward Breakout.

After making high near 270 it came back and trades near 262 levels.

As seen in charts it has breakout downward from the channel.We advice to short the stock below 259 for the target of 244.KEEP SL of 271.

UPDATE-For week ended 19th march

MCLeod Russel: Made a low of 255.3. call given on 16th march to sell at 265.

HIND PETRO:CALL Given to buy at 328 on 11 march for target of 338.9. made a high of 335.9, and gone dow to trigger SL.

ABG SHIP: call given on 7th march to buy above 262, for target 284. made a high of 271.50 and now trading at buy rate.

NIFTY- Now more risk at upper side.

NIFTY DAILY: The Upper move which strted from mid FEB is continue and nifty is now near to it JAN high. One main point in it ,In March it never traded below 7 EMA. On Upper side it has resistance line going upwards ,but oscillators are in overbought zone. Yesterday it not crosses the week high and came back in end session.

Coming week will be choppy for nifty and then it may move downward. If closses below 7 EMA will create panic selling.

MCleod Russel- The Tinkering Tea EXIT

MCLEOD RUSSEL INDIA Currently Trading at 265.

Exit Now for the lower target of 242.

HIND PETRO- Something cooking

HIND PETRO: Currently trading 328. Buy this stock for the immediate target of 338.9.
SL: Close Below 322.

Update-8th March 2010

GSFC Made a high of 211.85. Our call for today given buy above 206.
Close at 208.

ABG SHIP Call initiated, our call buy close above 262. Current clos 263.8.

ABG SHIP- Ready to move in cold water

ABG SHIP CMP 257. Buy This stock if crosses 265 in intraday or close above 262. For immediate target of 284. SL to be maintained at close below 250.

Dhampur Sugar: The Low Calorie sweetner

DHAMPUR SUGAR: CMP 100.5



Buy this stock above 106 for immediate target of 112,118.
Keep a SL of close below 95.

GSFC- The different effect

GSFC-CMP:203. Buy this stock


Above 206,for immediate target of 218.8. SL:189.
Close above 221 will take it to 229.4.