Point of Correction in Nifty - High Visibility Caution Note. MACD + RSI is in heated zone and is overheated. Movement is against the trend. Interest in getting lower at the moment. Resistance 10758 levels. Technically divergence in Oscillators is observed which can results in some point of correction especially post budget.
https://youtu.be/qOY0L0sWEBg
Bank Nifty - Struggle in PSU's continues Lack of participation from PSU's and struggling to sustain levels. Any sell off we may fill the gap to reach the levels 24295-25300. Be cautious.
https://youtu.be/RyW1Ld5wgtM
Granules - Ready for Breakout Current F&O stock in radar. Consolidated for many months and looking attractive at current levels. Formation - Cup & Handle Best Bargain - 130 - 135 for the target of 210-220
https://youtu.be/N-xNX4DxiSs
Members Queries
Aditya Birla Capital - Four Figure Price Possible? Sudden spurt seen today. It's a jewel buy and hold for Long term, Good Future. First target is 350. Target 1000++ Timeframe - 2/3 years.
https://youtu.be/6bU4ZhQGiDg
Infosys - How to Play it on Result Day? IT Stocks are at breakout. Currently at resistance. 1080-85-88 - exit the stock. Support of 1047. Profit booking expected on result day. Buy at 1047 for target for short term is 1110
https://youtu.be/3hlYuREmHkE
Outlook on Nifty IT IT has made the bottom. Next 2-3 months focus on IT stocks to make good profits. KPIT, HCL Tech,Mindtree should be in your radar. KPIT good buy at 192 for target of 240-242, HCL tech KPIT Mindtree are also good https://youtu.be/VVXqBGy9i_0
Tata Motors DVR - Struggler Avoid a stock. Exit if holding
https://youtu.be/EjSfhI3HazI
GVK Power - Hope to see 40 levels Good Volumes, some announcement during budget expected. Will review the stock again around 40 levels. Continue to hold.
https://youtu.be/JEo2-q7_9ew
GMR Infra
Structure is Positive but Debt is a problem, if cross 27 with volume then 35-38, Not much interest though. If want to buy then 18.7 with Stop Loss 17.25 for the target of 26-27 levels. https://youtu.be/Fc2bn8ZbuS8
ITC - Is it good to buy for long term portfolio? Made a bottom and morning star has appeared. Anyone wants to buy add @ 264 for 290/92 https://youtu.be/hQKPZK8GhO0
Advance Enzymes - Flag Pattern Formation Flag pattern formation. Recommended at 270 - 272, Fresh entry for Long term can be at 290-302 for the target of 342 https://youtu.be/zyPSY4v5JrM
Patel Eng - Morning Star Candle Buy tommorrow around 82.25 with SL 79.6 on closing basis, initial target of 86.8
https://youtu.be/RKvBE80LLJo
Rama Steel - Overheated Overheated, for intraday Buy - 259 SL-253 Target 278 https://youtu.be/vDTFE9PSI6g
Coal India - For Jan Series For January Buy 301/302 Target 316 https://youtu.be/khFuo3NVPUk
SETCO - Could be in consolidation stage
Poll Formation, will be in consolidation, Fresh Upmove expected. Base is 66.5 TGT 83-84 https://youtu.be/2XBIKP6iV4I
Federal Bank - An attractive result bet Result on 15th, Motilal had given buy with TGT of 146, Evening Star formed, may come down to 110.30 if reverses target is 119.30 Resistance at 116. No much Participation - only due to results momentum is seen. On monthly platform if break 119 New target will be 134
https://youtu.be/FpKqfj6FzGA
How to trade Rcom? In consolidation, Range bound Buy @ 27-28 Sell at 33-33.5 if breaks 35-36 can see 47-48 - another 6 months https://youtu.be/XF8q-sPx9_k
Electrosteel Casting - Not a Trading Stock At resistance may come down to 34/33.5 For Intraday - Buy 39/40 Tgt 41.5 https://youtu.be/FUU-2BGzl6I
JP Associate Short below 23.3/23.2 Best Bargain Buy 21.3 for target of 28.5 https://youtu.be/ktRHyjil-FA
Puravankara - Good to hold the stock Keep holding, someone consolidating, Buy at 157.6 with SL of 153.5 closing basis for a target of 184-185 short term before results https://youtu.be/fZeSfOunEgI
Himadri Speciality - Portfolio Stock Hold the scrip, Buy at 178 for Tgt of 240 for 6 months Intraday - 189.60 for target of 194.60
https://youtu.be/iOCK4l-Fu-I
Sintex Plastic Fresh Breakout Coming keep holding. Short term target 101.90 https://youtu.be/5fEx-HgY6L8
Salser Electronic - Upmove Expected Hold for 375-380 in six months https://youtu.be/JAQaBXOn87g
Welspun India - Weekly View Fresh Buy for weekly timeframe Buy 76.5 SL 73.6 Tgt 80.1/2 in consolidation mode at the moment Buy 75.50 for the target of 101 in 4-5 months https://youtu.be/NzrgKuVpjSc
Ujjivan - Short Term View Can come down. Buy above 423.3 for Tgt of 443/444 for short term. Can come down to 398 levels
https://youtu.be/fF-nNYBZAUw
RNaval As suggested earlier Buy-51 Tgt 80 https://youtu.be/5GKNPAVebz0
Sumeet Industries - Short Term View Keep holding for longterm, Fresh Breakout New Volumes with Higher Lows. Tgt 42 and will review at that levels again. https://youtu.be/y5Vnp4q9m3o
Spice Jet - Book Profits https://youtu.be/i9HBSffC7BE
IRB Invt AVOID if already bought SL 86.5 https://youtu.be/6bn49KbCJxE
Titagarh Wagons - Fresh Buy Before Budget expected fresh move. If crosses 180 with volumes can reach 192 comfortably
https://youtu.be/Qo_8MbW4pp4
CESC - Short Term View Good Breakout. Consolidation Zone 1187-88 is resistance point. Short term target of 1210
https://youtu.be/lyQBaMtBzdM
India Cements - Buying Opportunity Available Volumes are drying. Correction possible. Good Buying Opportunity. Tomorrow can come the buying levels. Target 208/209 Buy at 193.5 SL 188.80 on closing basis https://youtu.be/A4eKguCYQH4
Kellton Tech - Reversal Time Fresh Buy / Momentum, Good to Buy for 3 & half month Tgt of 147, Best Bargain 111.5 SL of 100.
https://youtu.be/oJDYceWYwtk
IDFC & Capital First - Which one to buy? Keep a long term view on this or atleast buy for 2 years. IDFC has already given the momentum - Best Bargain would be 59.70/80. https://youtu.be/RcFZpxH7PNo
RBL - What would be a new fresh entry point? Exit at 553 if holding. Good fresh entry point - 523/524 for tgt of 610 in 1.5 month. If during results it is trading around 553 than in one month it will be 575-580 range. https://youtu.be/1gjXA0yHYC8
Allahabad Bank - Short Term View Losing strength. Expected 69.15 then it will resume rally and fresh buy can be made.
https://youtu.be/lqb7efPkNi0