Friday 27 June 2014

Investment Idea:

TVS Motors: BSE: 532343 | NSE: TVSMOTOR 

Support levels are 147.10/144.65/135.60
Resistance levels are 157.80/168/180
Ashok Leyland BSE: 500477 | NSE: ASHOKLEY


Resistance levels after QIP are 32.60/30.50/27.15

(Refer:  http://www.moneycontrol.com/news/announcements/ashok-leyland-outcomefund-raising-committee-meeting_1113432.html?utm_source=IW_DATA_stockpage     

http://articles.economictimes.indiatimes.com/2014-06-26/news/50884783_1_debt-burden-ashok-leyland-qip)

Wait and Think before investing in Ashok Leyland


Change in Resistance levels of GSPL for intraday. It may not reach the level of 93.25.

92.80/93.00 may be good resistance level.Better to be cautious. If anyone has bought it at the levels of 92.10. better book profits partially now.Keep the stop loss at the levels of 92.50/92.40.

Very short term Investment Idea:

Tata Global Beverages: BSE: 500800 | NSE: TATAGLOBAL has a resistance at the levels of 175.Further resistance can be found at the levels of 180/182. 

Fundamentally Tata Global Beverages is a very good company. But lack of good monsoon may affect it in the near term.
Good Morning friends,

Intraday Idea:

GSPL: BSE: 532702 | NSE: GSPL has good support at 92.10/91.50 and resistance at 93.25/95.00/96.20

Thursday 26 June 2014


Tata Motors DVR:BSE: 570001 | NSE: TATAMTRDVR 

For those who find TataMotors (CMP : Rs 442/-) priced high, may look into Tatamotors DVR(CMP:289.80).
No dividends and voting rights from Tatamotors DVR.But still a very attractive buy if long term investment is considered.

Immediate support levels are near 270/260/240.
Resistance levels are 323/340.

Investment Idea:
 Tata Motors:BSE: 500570 | NSE: TATAMOTORS may see further upside after the extension of duty relief till dec 31 2014. It also has few new car launches this year.

Immediate Resistance levels are 465 and 476.
Support levels are 433/411/399. 


After crossing the levels of 480,further upside movement of the stock may push it to the levels of
502 and then 565.

Short Term investment Idea:
Crompton Greaves:BSE: 500093 | NSE: CROMPGREAV has support at the levels of 197/195.
Upside movement may take the stock to 207.60 and further upto 211.50 .
Hi friends,

   Ashok Leyland:BSE: 500477 | NSE: ASHOKLEY may reach 39.80 if the upside movement continues. It may touch 43.00 on further upside movement.
Resistance levels are at 37.55 and 35.30.

Wednesday 25 June 2014



Bajaj Hindusthan: BSE: 500032 | NSE: BAJAJHIND.  Sugar sector stock. Favorable reforms from the govt may move the share up but still a risky one. 

Support levels are between 25.50 and 27.50.

Resistance at the levels of 34. If it manages to cross 34 and continue the movement it may touch the levels of 36/38.

 

 

Can't say much about intraday levels. Resistance is at 31.10/31.20. Support is at 30.30/30.40. (A risky one) 


Hi friends,

      Investment Idea: Pratibha Industries BSE: 532718 | NSE: PRATIBHA may test 63.15 on the upper side in coming days. Fundamentally a very good company. (Should have posted about this earlier.). It may test the level of 70 in favorable market conditions.

The support levels for Pratibha Industries are between 50.00 and 52.00. 


If an investment of very few days is considered, then the immediate support levels are 54.50/53.30/52.50. 

Tuesday 24 June 2014


Investment Idea:
    BHEL:  BSE: 500103 | NSE: BHEL has strong resistance at 257 and 266 and support levels at 236 and 218.


Intraday BHEL may reach 252 or 254 on the upperside.Support level at 248/246. If it breaches 246. It may fall to 243. Selling is higher than buying at the moment. So be cautious.


ITC: BSE: 500875 | NSE: ITC may test 301.80 level in the coming days before budget.
As for intraday 326.10 is a good resistance level.


Shree Renuka Sugars: BSE: 532670 | NSE: RENUKA  may have possible resistance at 31.50/31.80. Possible support level 30.10/29.75
Good Morning,

    Look for Sugar Stocks,profit booking may happen at the beginning after yesterdays rally. ITC may fall further. Levels will be given shortly. 

Monday 23 June 2014


Hello,

Ashok Leyand BSE: 500477 | NSE: ASHOKLEY 

may test 32.65/32.40 on the down side and 33.20/33.30 on the upperside.

Sunday 22 June 2014


Hi.. 
  My ideas for tomorrows trade

Cement and Power sector stocks may see downside due to rail price hike.


  • Torrent Power :BSE: 532779 | NSE: TORNTPOWER   Support level 142.50.





  •  Ambuja Cement :BSE: 500425 | NSE: AMBUJACEM     may test 211.85/209.65/208 on the downside

Monday 16 June 2014

Intro

Hi Readers,
           Here I will try to provide my analysis of various stocks trading in NSE/BSE. Mostly possible support and resistance levels will be provided. If you like to use it cross check the levels with your own analysis and then proceed.



<a href="https://plus.google.com/108156099173435220784" rel="publisher">Google+</a>