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.