sorry friends could not update the blog today.I will try to  update in the afternoon.

Tomorrow is holiday for markets.We will meet on Monday.

Have a good day.

Intraday Idea:

Risk: HIGH


TVS Motor Company BSE: 532343 | NSE: TVSMOTOR 

SELL  TVSMotors with an intial target of 188.30.

( High risk is involved if the stock is bought at current price of 189.70)


If the stock falls below 188,the target would be 187/186.30

Short term Investment Idea:

TVS Motor CompanyBSE: 532343 | NSE: TVSMOTOR 

BUY TVS Motors with an initial target of 216. 

Keep stoploss between 175 and 180.

 The stock has some resistance at 205  and 211. Partial or full profits can be booked at this level.

Further uptrend will take the stock to the levels above 230 and 250.

Be cautious near the level of 203 - 205 .
 

Intraday Idea:

Jaiprakash Associates BSE: 532532 | NSE: JPASSOCIAT 

SELL JPassociates below 48.10 with a target of 47.70 / 47.50.

Further downtrend will take the stock to 47.20/46.95/46.25.

Stoploss level will be updated later. 

Intraday Idea:
Power Grid Corporation of India BSE: 532898 | NSE: POWERGRID | ISIN: INE752E01010

Risk: VERY HIGH

BUY PowerGrid with an intial target of 130.70.
Further uptrend will take the stock to 131

Keep stoploss at 129

Update for Hindalco(SELL idea):

The stock has reached the first target of 168.60.
If the down trend continues(which seems likely), the stock may move towards 167/165.
But use tight stoploss levels.  

Intraday Idea:

Risk : High

SELL Hindalco with  a target of 168.60/167.30

BUY only if the stock crosses 173.00

Update for Hindalco:

The stock is finding some resistance at 173.Book partial or full profits at this level.

If the stock crosses 175.50,next target would be 176.60/178.10.
Be cautious and Change the stoploss to 173.  

Intraday Idea:

Risk: High

State Bank of India BSE: 500112 | NSE: SBIN

BUY SBIN with an initial target of 2540/2544

Keep stoploss at 2522.

Intraday Idea:



Hindalco Industries BSE: 500440 | NSE: HINDALCO
BUY Hindalco with a target of 174 / 175

Keep stoploss between 168 and 170.20

Update for tatamotors:

If the stock moves above 513.50, it may move towards 515 and later 518.20.
Further uptrend will take it to 522.

Update for Tatamotors:

Tatamotors has reached the second target of 509.65.
Further uptrend will take it to the levels of 513.

Place the stoploss between 506 and 508 and wait for the target(includes risk)

Update for Hindalco:

The stock has crossed 169.30.
Increase the stop loss to 168.70 and wait for the stock o reach the levels of 172.
The target may be between 172.50 and 173.

Update for Hindalco:

The stock has crossed the second target of 167.30.
Further uptrend will take it to 169.00/169.35.
Increase the stoploss to 167.30.
If the uptrend continues,the stock may move towards the levels of 172.

The Stock may find some resistance at 168.75.Book partial or full profits at this level.

BHEL Intraday(SELL call):

If the stock falls below 226.60,SELL with an initial target of  225.10.
Further downfall will take it to 224.


Update:
(Note :The stock has reached the first target in BUY call.Refer earlier post of BHEL today)

Intraday Idea:

 
Tata Motors BSE: 500570 | NSE: TATAMOTORS






BUY tatamotors with an inital target of 506.
Further uptrend will take it to 507.40/509.65

Keep stoploss between 500 and 502

Update for Hindalco BUY Call:(refer earlier post)

The stock has crossed 166.Increase the stoploss to 165 and wait for the next target

Intraday Idea:

BUY BHEL above 227.20 with a target of 228.80/230.40.Keep stoploss at 224.10

Update for Hindalco Intraday BUY Call:

If the stock crosses and moves above 166,the next target would be 167.30(but it seems very unlikely).

Both long term and short term prospects are not good.So the selling pressure on the stock may continue even today.

Intraday Idea:

Hindalco Industries BSE: 500440 | NSE: HINDALCO


Risk: Very High

BUY hindalco with a target of 165/166



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SELL Hindalco below 158.60 with a  target of 157.80/156.60.Further downfall will take it to the levels of 150

Update for BHEL Intraday(buy call): 

The stock has reached the first target,Change the stoploss to 231.60 and wait for the stock to reach 233.50 / 234.80.

Change the stoploss to 232.50,if the stock crosses 234.
Further uptrend may take the stock to 236.80.

Investment Idea:

Risk: Medium


Central Bank of IndiaBSE: 532885 | NSE: CENTRALBK

Time frame: 2 days to 5 days.

BUY central bank with a target of  69.70/72.50

Keep stoploss between 62 and 65.

Intraday Idea:

Bharat Heavy ElectricalsBSE: 500103 | NSE: BHEL

SELL BHEL below 227.10 (which seems unlikely currently) with a target of 224.60/222.15.

Keep stoploss at 230.90

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BUY with a target of 232.50 at the current price. Keep stoploss at 229

Intraday Idea:
 
Risk: High
Bharat Heavy Electricals  BSE: 500103 | NSE: BHEL


SELL BHEL with a target of 226.20/225.30.

Keep Stoploss at 228.50

Update for Sintex Industries Intraday:

The stock has reached the first target (75.90) and it is finding support at this level.

If the downtrend continues the stock may move towards 73.85.
Keep the stoploss between 76.50 and 76.80 and wait for the second target.The stock is likely to find support at 74.70 also.

Intraday Idea:


Sintex Industries BSE: 502742 | NSE: SINTEX

SELL Sintex with a stoploss of 77.90.

The target is 75.90/74.50


The stock has mild support at 76.35 and 74.70.

Intraday Idea:

IDFC BSE: 532659 | NSE: IDFC

SELL IDFC with an intial target of 150.15.

Keep Stoploss at 151.25.

The stock may find some support at 150.40.

Update for BHEL :

The stock has breached the first and second target. If the downtrend continues it may move towards 226.10.
Maintain tight stoploss levels.

Intraday day Idea:

Risk : High

NTPC BSE: 532555 | NSE: NTPC

BUY NTPC with a target of 144.20
Further uptrend will take it to 144.35/144.60

Keep stoploss at 143.20

Intraday Idea:
Bharat Heavy Electricals BSE: 500103 | NSE: BHEL


SELL Bhel with an initial target of 227.90/ 227.55

Update for Sintex Industries(for Sellers;refer earlier post):

Sintex has reached the first target.Keep stop loss at 78.90/79.10 and wait for the stock to move towards 78.05.

The stock may find some support at 78.40.If the stock breaches this level and fall further below 78.00,the next target would be 77.40.

Update for Sintex intraday:

The stock has reached the first target and fell down.

If the stock continues the uptrend (which seems to be difficult at the moment) and crosses 80.15, it can move towards 80.40.

As of now,the stock may move downwards towards 79.10 / 78.70 / 78.05.

For high risk takers:

SELL now with a target of 78.70 and 78.05 keeping stoploss at 79.50.

Intraday Idea:

Sintex Industries BSE: 502742 | NSE: SINTEX

Risk  Very High

BUY Sintex with a target of 80.10/81.50

Update for Sintex Industries:

The stock has reached the third target of 76.40.
If the stock continues the uptrend it may move towards the levels of 78 and 79.


For those who like to take more risk
Keep stoploss at 75.70 and wait for the next targets of 78.80 / 79.50 / 80.25 / 82.60.
The stock may have some resistance at 77.60.
If the stock breaches 77.60 increase the stop loss to 77.35.

Always maintain strict stoploss levels..

Update for Sintex Industries intraday:

The stock has reached the second target of 75.Increase the stop loss to 74.30 and wait for the next target of 76.40.

The stock may find some resistance at 75.70.Book partial or full profits at this level.

The markets are running flat.

Update for Sintex Industries (Refer previous post):

The stock has reached the first target.Increase the stoploss to 73.55 and wait for the second target.

View on Sintex Industires for investment:

Sintex Industries #BSE: 502742 | #NSE: #SINTEX

Sintex may have a small upmove before it continues its downtrend.

Resistance : 73.40 / 75.70 /  78.40 / 80.00 / 82

Support      : 70.50 / 67.95 / 59.40

A fall below 59 may take the stock to the levels of 45.

For Intraday it is a risky one:

On Monday, if the stock opens above 73.00.

 BUY with an initial target of 74.30.  Keep Stoploss at 71.20.

If the stock continues the uptrend the next targets are 75 / 76.40 / 79.50

Hi friends,

My computer crashed, so could not update the blog.Markets will be closed tomorrow (Independence Day). We will meet on Monday.

Intraday Idea:
Texmaco Rail and Engineering BSE: 533326 | NSE: TEXRAIL 

SELL Texrail with a target of 90.60/90.10/89.80.

Keep Stoploss at 91.90

The stock may find mild support at 90.95.Book partial profits at this level. 

Intraday Idea:

Risk: HIGH


TVS Motor Company BSE: 532343 | NSE: TVSMOTOR 

BUY TVS Motors with a target of 189.40/190.

Keep Stoploss at 184.00

Further uptrend will take it to 192.45/193

Intraday Idea:
Sintex Industries BSE: 502742 | NSE: SINTEX

Risk: High

BUY Sintex with an initial target of 80.20

(If the Uptrend sustains the next targets are 80.30/80.45)

Intraday Idea:

Bharat Heavy ElectricalsBSE: 500103 | NSE: BHEL

SELL BHEL with a target of 216.70

Keep Stoploss at 221.20

Intraday Idea:

Power Grid Corporation of India BSE: 532898 | NSE: POWERGRID

SELL Power grid with a target of 129.10.

Keep Stoploss at 131.75.

If the downtrend continues the stock may fall to 128.10.

Intraday Idea:

Risk: High

Amara Raja BatteriesBSE: 500008 | NSE: AMARAJABAT 



SELL Amararaja batteries below 529.20 with a target of 524.50/521.70.The stock may find mild support at 526.70.Book partial profits at this level.
Keep Stoploss at 532.00.


If the stock changes direction and moves upwards; 
BUY  after it crosses 535.65 with a target of 538.40/542.
Keep Stoploss at  532.25

Update for TATA Motors Intraday:

The stock is finding some resistance at 444.35.Book partial profits at this level.

Intraday Idea
Risk: High

Tata Motors BSE: 500570 | NSE: TATAMOTORS

Buy tata motors  with an initial target of 446/449.

Intraday Idea:

Ashok LeylandBSE: 500477 | NSE: ASHOKLEY

SELL Ashok Leyland with a target of 34.35.Keep stoploss at 34.85

Update for Apollo Tyres Intraday:

The stock may find mild support at 167.45.Book Partial profits at these levels and change the stoploss level to 168.20

Intraday Idea:

Risk: High

Apollo Tyres BSE: 500877 | NSE: APOLLOTYRE

SELL Apollo tyres with a target if 167 

Keep Stoploss at 169.20

Intraday Idea:

Tata SteelBSE: 500470 | NSE: TATASTEEL

SELL TATA Steel with an initial target of 553.70

Further downtrend may take it to 551.25/549

Intraday Idea:

Risk: High


IDFCBSE: 532659 | NSE: IDFC

SELL IDFC with a target of 149.20. Keep stoploss at 151.35.

The stock has mild support at 150.20.Book partial profits at this level.

Update for TATA Motors Intraday:

The stock has reached the first target. Increase the stoploss level to 447 and wait for the second target.

Intraday Idea:

Risk: HIGH


Tata Motors BSE: 500570 | NSE: TATAMOTORS

SELL TATA motors with a target of 445.80/444.25

Keep Stoploss at 449.45

Further downtrend will take the stock to the levels of 443/441.Use trailing stoploss levels

Markets are running flat today.

Intraday Idea:


Tata Steel BSE: 500470 | NSE: TATASTEEL


SELL Tata Steel below 544.25 with a target of 539.60 with a stoploss of 547

For those who are willing to take high risk can sell the stock at current levels of 547 with a stoploss of 549.15

Update for Syndicate bank Intraday:

For those who are still holding the stock,the stock has some support at 133.80.
 
If the stock falls below 134.10;the target would be 133.80 and 133.20.Use trailing stoploss levels.

Update for Crompton Greaves Intraday:

The stock has reached the first target and second target.


If the stock falls further below 196.50; then the next target would be 195.20 and 194.30.

Intraday Idea

Risk: High

Crompton Greaves BSE: 500093 | NSE: CROMPGREAV

SELL Crompton Greaves with an initial target of 197.30.Keep stoploss at 201.80

The stock has mild support at 198.20.Start booking profits from this level.

Further downtrend may take the stock to 196.60

Update for Syndicate bank intraday:

 Syndicate bank has reached the first target of 134.80. Change the stop loss level to 135.20 and wait for the second target.

If it falls below 134.40, change the stoploss to 134.80

Intraday Idea:

SELL Syndicate bank with targets of 134.80 and 133.40

Keep stoploss at 136.20

Update for powergrid intraday:

The stock is finding some support at 131.55.book partial profits at this level and change the stoploss level to 132.00

Intraday Idea:


Risk : high

Power Grid Corporation of IndiaBSE: 532898 | NSE: POWERGRID 

SELL with an initial target of 130.70 

keep stoploss at 132.40

Intraday Idea:


DLF BSE: 532868 | NSE: DLF


SELL DLF with an initial target of 196.45.

Keep Stoploss at 198.80.

Further downtrend may take it to 196/195.

Intraday Idea

Risk level: High

Titan CompanyBSE: 500114 | NSE: TITAN

SELL below 335.80 with  targets of 334.10 and 333.10.

Keep Stoploss at 337.

Investment Idea:


Greenply Industries BSE: 526797 | NSE: GREENPLY


BUY Greenply with an inital target of 875/880..Maintain stoploss at 820/825. (for shorter time frame).

For medium term the target is 945/950.The stock has mild resistance at the levels of 915/920.Partial profits can be booked at these levels.

Further uptrend may take it to the levels of 980/990.


Support levels for the stock are 834 and 780.

For fundamentals information about the company go to the following link.

http://www.thehindubusinessline.com/todays-paper/greenply-ind-cashing-in-on-real-estate-revival/article6278334.ece

Intraday Idea

Risk level: high

Unitech BSE: 507878 | NSE: UNITECH

BUY unitech with a targert of 26.65

Keep stoploss at 26.15

The stock may find some resistance between 26.50 and 26.60,

Further uptrend may take it to 26.90/ 27.00

Update for Syndicate bank intraday:

If the stock changes trend and moves upward and crosses 143.40. BUY with an initial target of 144.50 and the next target would be 145.20/146

Intraday Idea:

Syndicate BankBSE: 532276 | NSE: SYNDIBANK 





Sell Syndicate Bank below 143 with a target of 140.30
(a bit risky)

A fall below 140 will take the stock to 138.60