Target hit- Bombay Dyeing

Target acheived 597

Target hit- BF Utilities

Target acheived on 1-11-10

Indian Oil Corp Ltd

Continuation Wedge (Bullish) (428.1)
A Continuation Wedge (Bullish) represents a temporary interruption to an uptrend, taking the shape of two converging trendlines both slanted downward against the trend.
Target- 450-460
Stop Loss- 390 (On closing Basis)
Time frame - Short to Medium

Target Hit- Bank of Maharashtra

Target acheived (High 85) on 22-10-10, Call given at 77.75 on 6-10-10

dr reddy

Final target (1599) acheived on 14-10-10 (High 1644)

Target Hit- Nagarjuna Fert

Target acheived (high 37.65) on 14-10-10
Call given on 19-08-10

Bombay Dyeing & Manufacturing Co Ltd

The price seems to have reached a top, showing signs of reversal as it has broken downward after a period of consolidation.
CMP- 649.5
Target- 597
Final target Of Pattern- 530
Stop Loss-720

Target Hit- Vijaya Bank

final target Hit (100.9)

Target Hit- Vijaya Bank

Vijaya Bank target acheived as it made a high of 95.05 (Call given at 84.2 on 3-9-10)

Target hit-srei infra

A bullish Flag pattern occured during a dynamic market rally, representing a brief pause as the market "catches its breath" before running off again in the same direction.
Target-110-113
--------------------------------------------------------------------------------------------
                                       TARGET ACHEIVED

BF Utilities Ltd

The price seems to have reached a top, showing signs of reversal as it has broken downward after a period of uncertainty or consolidation. (Top triangle)

CMP-1007
Target-885
Stop Loss-1074
Time Frame- Short to Medium

Bank of Maharashtra

Bank of Maharashtra (77.75)
Upside Breakout

The price broke upward out of a trading range. The Upside Breakout pattern represents a trading range in which prices move sideways between two parallel horizontal lines. It's often a pause or congestion area within an existing trend though sometimes the breakout results in a reversal to the prior trend. Either way, an upside breakout through the upper resistance line signals an end to the consolidation period and the start of an uptrend.
Target- 83.5-85
Stop Loss- 66 (on closing basis)
Time Frame- Short to Medium

SREI Infrastructure Finance Ltd

A bullish Flag pattern occured during a dynamic market rally, representing a brief pause as the market "catches its breath" before running off again in the same direction.
Target-110-113

Trent Ltd

Trent Ltd (1033)

Head and Shoulders (Top)

The Head and Shoulders Top is created by three successive rallies in the price following a significant uptrend. The highest high (head) is in the middle, flanked by two lower highs (shoulders) at roughly the same level. Volume is highest as the price makes the first two rallies, then diminishes through the right shoulder. Finally volume surges as the price closes below the neckline (drawn between the two lows) to confirm the reversal.

Target Price -931
Final Target of pattern 887-870
Stop Loss-1145
Time frame- Intermediate Term

Berger Paints India Ltd

Berger Paints (110.3)

The price seems to be resuming a sharp rally after taking a brief pause. A bullish Pennant pattern occurs during a dynamic market rally, representing a brief period of indecision before running off again in the same direction. The pattern consists of two converging trend lines with diminishing volume, and is confirmed when the price breaks through the upper boundary to resume the advance.

Target Price- 135
Stop Loss-    95
Time frame -Short Term

Target Hit- IDFC

IDFC Target acheived, high 214.
Call given at 189.9

Target Hit- Triveni Engineering

Target acheived on 27-09-10 as it made a high of 120.85

Target Hit- Andhra Bank

Andhra bank target acheived
High 170

Target Hit- Dr Reddy

Dr Reddy Target acheived today.
It Made a High 1560

Stocks to watch on 17-09-10

Strong Counters
Gontermann-Peipers (India) Ltd
Eurotex Industries and Exports Ltd

Weak Counters
HEG Ltd
Hindustan Zinc Ltd
Manaksia Ltd
NDTV
Neo Corp International Ltd

Stocks to watch on 16-09-10

Strong Counter
Ahmad  nagar Forging
Hyderabad Industries Ltd
Mahalaxmi Rubtech Ltd

Weak Counters
Manaksia Ltd
NDTV
Seamec Ltd

Stocks to watch on 15-09-10

Strong counters

Chemfab Alkalies Ltd
Gulf Oil Corporation Ltd
Henkel India Ltd
Marico Ltd
Poddar Pigments Ltd
PVR Ltd
Rane Brake Linings Ltd
Rajesh Exports Ltd

Weak counters
Geodesic Ltd
Moser Baer India Ltd
Seamec Ltd
Sunil Hitech Engineers Ltd

Stocks to watch on 14-09-10

Strong Counters

Dazzel Confindive Ltd
ETC Network Ltd
Ginni Silk Mills Ltd
Gontermann-Peipers (India) Ltd
Hyderabad Industries Ltd
India Securities Ltd
Kamat Hotels (India) Ltd
Torrent Power Ltd
Visaka Industries Ltd

Weak Counters

Kalyani Steels Ltd

Stocks to watch on 13-09-10

Strong Counters

Aditya Birla Money Ltd
Chambal Fertilisers and Chemicals Ltd
Elecon Engineering Co Ltd
Excel Crop Care Ltd
IDFC
IPCA Laboratories Ltd
Jenburkt Pharmaceuticals Ltd
Jubilant Organosys Ltd
Sanwaria Agro Oil Ltd

Andhra Bank

Andhra Bank (158.8)
A Symmetrical Continuation Triangle (Bullish) formation is seen on chart which considered a bullish signal, indicating that the current uptrend may continue. The formation occurs because prices are reaching both lower highs and higher lows. The breakout occurs when the price breaks out of the triangle formation to close above the upper (descending) trendline, thereby confirming the pattern.

Target Price Range-170.00 - 172.00
Stop Loss- 143

IDFC

IDFC (188.9)

Symmetrical Continuation Triangle (Bullish) formation on chart with
Target Price-214-220
Stop Loss-  177
Time frame- Intermediate term

Stocks to watch on 09-09-10

MARKET IN RANG. AGAIN TAKE ANY LONG IF NIFTY HOLD 5570

Strong Counters
Aro Granite Industries Ltd
Easun Reyrolle Ltd
EID Parry (India) Ltd
Everonn Education Ltd
Federal Bank Ltd
Shirpur Gold Refinery Ltd
Vakrangee Softwares Ltd

Weak Counters
Dabur India Ltd

Triveni Engineering & Industries Ltd

Triveni Engineering & Industries Ltd (105)
Chart shows breakout of Diamond Bottom formation (A Bullish formation)
Target 119-122
Stop Loss- 95
Time Frame - Medium Term

Target Hit- ACC

ACC
Target Hit (975) as ACC made a high of 1002.
Call given on 3-9-10 at closing price 896.65

Stocks to watch on 08-09-10

TAKE ANY LONG POSITION IF NIFTY HOLD 5570

Strong Counters
Aditya Birla Money Ltd
BAFNA Pharmaceuticals Ltd
Dalmia Cement (Bharat) Ltd
Federal Bank Ltd
IVP Ltd
Larsen & Toubro Ltd
Tulsi Extrusions Ltd


Weak Counters
Sky Industries (90.6)

Stocks to watch on 06-09-10

Strong Counters
Asian Granito India Ltd
Chambal Fertilisers and Chemicals Ltd
Globus Spirits Ltd
Kanani Industries
LG Balakrishnan & Bros Ltd
Modern Steels Ltd
Reliance Capital Ltd
ZF Steering Gear (India) Ltd

ACC

ACC Chart shows Diamond Bottom formation with Medium Term Bullish outlook.
Target Price 975
Stop Loss    842

Vijaya Bank

Short Term Bullish
Vijaya Bank has given a FLAG (Bullish) breakout with volume on charts with the
target price 94-97 in short term.
Support at 79
Stop loss 74.5

Stocks to watch on 03-09-10

Technically Strong Counters
ACC Ltd
Atlas Cycles (Haryana) Ltd
Hitachi Home & Life Solutions (India) Ltd
Igarashi Motors India Ltd
Indoco Remedies Ltd
Khaitan (India) Ltd
Premier Explosives Ltd
Xpro India Ltd

Stocks to watch on 02-09-10

STRONG COUNTERS
Banco Products (India) Ltd
Krebs Biochemicals & Industries Ltd
United Breweries (Holdings) Ltd

Update on morning call 01-09-10

Technically strong counters


Elnet Technologies ltd (2.33%)

Kilitch Drugs India Ltd (2.81%)

Passari Cellulose Ltd (4.19%)

Hindustan Zinc Ltd (6.56%)

Technically weak counters

Aban Offshore Ltd (-1.30%)

Mindtree Ltd (-0.38%)

Reliance Capital Ltd (-0.71%)
 
TOTAL RETURN ON DAY TRADE ON CLOSING BASIS= 13.5%
 

Stocks to watch on 01-09-10

Technically strong counters
Elnet Technologies ltd
Kilitch Drugs India Ltd
Passari Cellulose Ltd
Hindustan Zinc Ltd
Technically weak counters
Aban Offshore Ltd
Mindtree Ltd
Reliance Capital Ltd

Dr Reddy Laboratory

Dr Reddy Lab

Heading towards 1552-1599??

Symmetrical continuous triangle breakout

Target 1552-1599

Stop Loss-1250

Elecon Engineering

Update on Elecon Engineering:

Elecon chart shows Diamond Top pattern which is considered Bearish with the Target Price 78-75 in medium term. It has broken its support at 88.10 today. Stop Loss 97.5

Stocks to watch on 31-08-10

STRONG COUNTERS (Technically strong counters, trade, if nifty manages to hold 5380)
Aarti Drugs Ltd
Bharti Airtel Ltd
Poddar Pigments Ltd
Pratibha Industries Ltd
RS Software India Ltd

WEAK COUNTERS (Technically weak, take position with nifty levels mentioned)
Tata Elxsi Ltd
Edserv Softsystems Ltd

Stocks to watch on 30-08-10

STRONG COUNTERS
Himatsingka Seide Ltd
Liberty Phosphate Ltd
Majestic Auto Ltd
Venus Remedies Ltd

WEAK COUNTERS
Jaiprakash hydro Power
Hero Honda Motors Ltd
Amtek Auto 

RIIL- Bearish Top triangle

RIIL Shown a bearish Top Triangle formation with the target price 687-643 in medium term
Stop Loss- 910

Stocks to watch on 27-08-10

Strong Counters

Entertainment Network India Ltd (260.1)
Garden Silk Mills Ltd (92.1)
Suven Life Sciences Ltd (30.1)

Update on morning call 26-08-10

Strong Counters


Century ply Ltd (72.9)
+8%,  High (74.5)

DJS Stock and Shares Ltd (128.10)
+0.79%, High, (129.85)
Marg Ltd (210.10)
+3.14 % , High (215.6)

Usha Martin Education and Solutions Ltd (52.30)
-1.88%, High (62.95)



Weak Counters

DLF Ltd (318.10)
-2.10%, Low (312.35)

Essar Oil Ltd (126.4)
+1.44%, Low (126.1)

GMDC (120.55)
+1%, Low (119.15)

Nagarjuna Construction (152.90)
+1.29%, Low, (150.95)
RIIL (878.9)
+0.59%, Low (875) 
 
RETURN ON DAY TRADE ON CLOSING BASIS= 12.27%

Stocks to watch on 26-08-10

Strong Counters

Century ply Ltd (66.85)
DJS Stock and Shares Ltd (127.10)
Marg Ltd (203.10)
Usha Martin Education and Solutions Ltd (53.80)

Weak Counters

DLF Ltd (310.65)
Essar Oil Ltd (127.90)
GMDC (121.5)
Nagarjuna Construction (154.95)
RIIL (882.10)

Target Hit- Apollo Tyre

Apollo Tyre
Target hit on 24 august 2010 as it made a high of 78.8 ( Call given on 18 august 2010)

Update on morning call

DS Kulkarni Developers Ltd (86.85)
Closed 10.01% UP (High 91.3)


FDC Ltd (86.05)Closed 2.55 % Down (High 89.85)

KNR Constructions Ltd (196.25)
Closed 3.02% UP (High 199.75)

TTK Prestige Ltd (999.9)
Closed 0.64% UP (High 1022)

Total Return on Day Trade= 11.12%

Stocks to watch on 23 august

STRONG COUNTERS

DS Kulkarni Developers Ltd (78.9)
FDC Ltd (87.3)
KNR Constructions Ltd (192.5)
TTK Prestige Ltd (996..95)

Update on morning call

Fresenius Kabi Oncology Ltd --made high 164


Graphite India ltd --closed down by 1.12%
IRB Infrastructure and developers--- made high 305.5, closed 2.12% high

Insecticides India Ltd-- closed down by 1.76%

J Kumar Infraprojects -- high 208, good recovery from lower levels.
Natco Pharma Ltd -- high 238.35, closed 5.92% up

Stocks to watch

Fresenius Kabi Oncology Ltd (159.5)
Graphite India ltd (98.9)
IRB Infrastructure and developers (295.6)
 Insecticides India Ltd (223.6)
J Kumar Infraprojects (202.3)
Natco Pharma Ltd (208.5)

Elecon Engineering

Elecon Engineering Co Ltd
CMP-- 95.05
Target--117-120 (Long Term)
Support -79.2
Resistance -100.40

Nagarjuna Fertilisers & Chemicals Ltd

Nagarjuna Fertilisers & Chemicals Ltd

Target price 36-37.25

Support- 30

Resistance-32.5

Technical Breakout

United Phosphorus Ltd (197.30)
Stock posted a Symmetrical Continuation Triangle (Bullish) breakout on 18 aug 2010 with medium term target 215-220

Apollo Tyres ltd (69.30)
buy above 70 for medium term target 78-80

Adhunik Metaliks

Adhunik Metaliks Ltd (126.9)
Buy for medium term target- 160-165
for intra day trade SL 118

Orbit Corporation

Orbit Corporation Ltd  (142.5)
Buy  for medium term target 190-200
intraday trader put SL 132 and trail.

welcome

Welcome to my blog. Here i will post some trade ideas on Indian stocks where technical charts shows  short to long term technical breakouts.