Investment Idea for Heritage foods

Heritage Foods BSE: 519552 | NSE: HERITGFOOD

BUY

Target (ResistanceLevels): 415 / 442 / 480

Stoploss (Support Levels): 370 / 325

Medium and Long term Investors can keep the stoploss at 280 / 230. 

The Medium /Long term Targets are 510  / 555 / 620. 

The stock has mild resistance at 405 / 420. Be cautious at these levels.

Update for ICICI Bank Investment

Refer Post:  http://myequityobservations.blogspot.com/2015/01/resistance-and-support-levels-for-icici.html

The stock is trading around the medium term resistance level of 390.
Medium term Investors can increase the stoploss to 364 or Book profits at current level.
If the stock crosses 400; increase the stoploss to 390.

Update for Asian Paints Investment

Refer Post: http://myequityobservations.blogspot.com/2015/01/resistance-and-support-levels-for-asian.html

Asian Paints is near the third resistance level of 925.

Keep stoploss at 880 for the target of 990.

Asian paints Results on Jan 29 2015.

Update for TATA Steel

The stock has reached the stoploss level of 393.50.

Update for Dishman Intraday BUY

The stock has reached the target of 147.

Book partial /  full profits at this level.
Increase the stoploss to 146 for the targets 148.90 / 151.4o.

Intraday SELL for TATA Steel

SELL TATA STEEL

TARGET: 390.60 / 389.30

Stoploss: 393.50

Be cautious at the level of 390.80.

Strong downtrend will take the stock to 387.20

Intraday Idea for Dishman Pharma

Risk: High

Dishman Pharmaceuticals & Chemicals BSE: 532526 | NSE: DISHMAN

BUY Dishman 

Target: 146 / 147

Stoploss: 141.40


****************************************************************************************

HIGH Risk Takers can SELL the stock at current levels

Target: 142.75 / 141.50

Stoploss: 145

Update for Idea Cellular Intraday

The stock has reached the target of 168.50.
Book profits at this level.

Risk takers can change the stoploss level to 169.50 /170.00 and wait for the target of 166.50

Intraday SELL for IDEA Cellular

Idea Cellular BSE: 532822 | NSE: IDEA

SELL Idea cellular

Target: 169.20 /168.80 /168.50

Stoploss: 170.70

Strong downtrend will take the stock to 166.50.

Short Term Investment Idea for Moserbaer

Moser Baer (India) BSE: 517140 | NSE: MOSERBAER

BUY 

Target: 12.15 /12.80 /13.45 / 15.50

Stoploss: 8.75

Update for SPARC Intraday

The stock has reached the second target of 279. Book partial profits at this level.

Change stoploss to 276 for the next target.
If the stock crosses 285, change the stoploss to 280.

Intraday BUY for SPARC

Risk: High

Sun Pharma Advanced Research Company BSE: 532872 | NSE: SPARC

BUY SPARC

Target: 275 / 279 / 285

Stoploss : 264

Mild Resistance at 276. Be cautious

Update for SunPharma Intraday BUY

The stock has reached the second target of 927.
Profits can be taken at this level.

Change stoploss to 923.70 for the target of 936.
If the stock crosses 930; increase the stoploss to 927.

Update for BHEL Intraday SELL Idea

The stock has reached the second target of 282.90.
Book partial/full profits at  this level.
Change the stoploss to 283.50 for the target of 281.80.

A strong downtrend will take the stock to 281 /278.90.

Intraday Idea for BHEL

Bharat Heavy Electricals BSE: 500103 | NSE: BHEL

SELL BHEL below 284.35

Target:  283.50 / 282.90 / 281.80

Stoploss: 286

*********************************************************************************

BUY BHEL above 287.50

Target: 289.10 / 290.40 / 292.50

Stoploss: 285.90

Risk Takers can BUY the stock around 286.10 with an initial target of 287.20 and a stoploss at 285.15.

Intraday BUY for Sun Pharma

Risk : High

Sun Pharmaceutical Industries BSE: 524715 | NSE: SUNPHARMA 

BUY Sunpharma

Target: 921 / 927 /936

Stoploss: 905

Update for L&T Finance Holdings intraday BUY Idea

The stock has reached the target of 73.40

Increase the stoploss to 72.10.

Further uptrend will take the stock to 74.90

Intraday Idea for L&T Finance Holdings

L&T Finance Holdings BSE: 533519 | NSE: L&TFH

SELL below 70.70

Target: 70.45 /70.20 / 69.80

Stoploss: 71.25

********************************************************************************

BUY above 71.50

Target: 71.80 / 72.05 / 72.40

Stoploss: 71.25

Strong uptrend will take the stock to 73.40

Resistance and Support Levels for AmaraRaja Batteries

Amara Raja Batteries BSE: 500008|NSE: AMARAJABAT

Short -term and Medium Term investors can avoid the stock at current levels.

Support (+ / - 10) : 785 / 735 / 705 / 660

Resistance( +/-5) : 852 / 875 / 926 / 1008

The stock has good support around  794 / 740 / 708. Investors can consider BUYing the stock at these levels.

Update for Hindalco Intraday BUY idea

The stock has reached the target of 142.Book profits at this level.
Change stoploss to 141.40 for next target of 143.

The stock may reach 143.60 / 144.10.

Intraday Idea for Ashok Leyland

Ashok Leyland BSE: 500477 | NSE: ASHOKLEY

BUY Ashok Leyland above 63.50

Target: 64.00 / 64.20 / 65.00

Stoploss:  62.90

Risk Takers can BUY the stock at current levels with an initial target of 62.90

**************************************************************************

SELL Ashok Leyland below 62.20

Target: 61.90 /61.70 /61.50

Stoploss: 62.45

Intraday SELL for Hindalco

Hindalco Industries BSE: 500440 | NSE: HINDALCO

SELL Hindalco below 140

Target: 137.80

Stoploss: 142.15


High Risk Takers can BUY the Stock at current levels with a target of 142 / 143. 
Keep stoploss at 139.70.

Resistance and Support Levels for Escorts- Investment

Escorts  BSE: 500495 NSE: ESCORTS SECTOR: Auto - Tractors

Support: 112 / 94 / 48 / 31

Resistance: 144 / 164 / 190 / 237

Immediate Resistance around 136.55

Immediate Support at 127/120.

Short Term Investors can BUY the stock at current  levels with a target of 136 /144 .
Keep stoploss at 120.


Note:Strong resistance can be found at 159.85 / 161.10.

Intraday Idea for IDFC

IDFC BSE: 532659 | NSE: IDFC

BUY IDFC above 171.20

Target: 172.15 / 172.85 / 174

Stoploss: 169.50

*********************************************************************

If the stock falls below 169.70

SELL (involves risk)

Target:  169.20 / 168.60 / 168

Stoploss: 170.30

Sorry guys, could not update the blog much in this week due to bad internet connection. Trying hard to get the problem solved; but getting delayed due to festive season. Hoping that the problem gets solved early in the next week.

I will try to update whenever the connection is online.

Trade Well.

Update for Tata Steel Intraday

The stock has reached the stoploss level of 375.90.

Update for ICICI Bank Short Term Investment

Refer Post: http://myequityobservations.blogspot.com/2015/01/resistance-and-support-levels-for-icici.html

The stock has reached the short term target of 355 and currently trading around 350.
 Short-term Investors can book profits and exit the stock at current levels.

Intraday SEll for TATA STEEL

Tata Steel BSE: 500470 | NSE: TATASTEEL 

SELL TATA Steel

Target: 372 /370.10 /367

Stoploss: 375.90

A Strong Downtrend will take the stock to  362

Resistance and Support Levels for TATA Steel Investment

Tata Steel BSE: 500470 | NSE: TATASTEEL 

Long Term:
Resistance(+/- 5): 957 / 739

Support(+/- 5):195 / 145


Medium Term :

Reistance (+/- 10): 595 / 513 / 440

Support :  340 / 295

Short Term: 

Resistance: 406 / 418 / 435

Support: 387 / 370



Short Term Investment is Risky in Tata Steel.

The stock has good resistance around 406 / 418.Investors with a short term view can exit the stock at those levels.

Update for Indus Ind Bank Investment Idea

Refer Post: http://myequityobservations.blogspot.com/2014/09/long-term-investment-idea-indusind-bank.html

The stock has reached the target of 840.

A stronger uptrend will take the stock to 1020/1030. 

Long term Investors can keep stoploss at 710 and wait for the target.

The stock has good resistance around  858 / 894 / 950. 

Be cautious around these levels.

Resistance and Support Levels for Gulshan Polyols

Gulshan Polyols BSE: 532457 SECTOR: CHEMICALS

Resistance:250 / 314 

Support: 197 / 164 / 109

Short Term Investors can BUY the Stock with initial targets of 230 .(Involves Risk)

Keep stoploss at  197.

If the stock crosses 235, change the stoploss to 220.

The stock has strong resistance around 250.

Resistance and Support levels for Va Tech Wabag

Va Tech Wabag BSE: 533269|NSE: WABAG SECTOR: Infrastructure - General

Short Term: 

Resistance: 1625 / 1700

Support: 1528 / 1400

Medium Term: 

Resistance: 1740 / 1780 / 1800

Support: 1300 /  1190 / 1020

Long Term:

Resistance: 2050 / 2500 / 2900

Support: 840 /640

BUY for Short -Term ; Avoid Medium and Long Term positions for now. 
Strong Resistance levels are 1625 / 1690.

BUY at current levels with a target of 1624 and a stoploss of 1525.

Resistance and Support Levels for BSL

BSL BSE: 514045 NSE: BSL SECTOR: Textiles - Weaving

Resistance: 63 / 73 / 88 / 112

Support: 39 / 24 

The level around 49 is a crucial Resistance for BSL. A mild Resistance is present around 53.00(+/-2).

Risk takers with a time frame of 1 day to 1 week can 
BUY the stock at current levels with an initial target of 53.
The target maybe reached even today.
Keep a stoploss of 39.

Update for Hindustan Unilever

Refer post: http://myequityobservations.blogspot.com/2015/01/support-and-resistance-levels-for.html


The stock is trading near the second resistance level of 827. Be cautious.

Resistance and Support Levels for Apollo Tyres

Apollo Tyres BSE: 500877 | NSE: APOLLOTYRE

Short Term only

Resistance: 240 / 259 / 275 / 310 / 370

Support: 180 / 150 / 115

Risk takers can BUY the stock at current levels with a target of 235/240 and a stoploss of 200.

Short term/Medium term investors can BUY the stock above 235 / 240 .Use tight stoploss levels.

Update for Berger paints after stock split

Berger Paints India BSE: 509480|NSE: BERGEPAINT

Short-Term only

Resistance: 244 / 250 / 260 / 280 

Support: 212 / 194 / 180 / 149

Investors with a very short time frame ( 2 days to 10 days) can BUY the stock above 240 with an initial target of 249 and a stoploss of 224.

Resistance and Support Levels for ICICI Bank -Investment

ICICI Bank BSE: 532174 | NSE: ICICIBANK

Long Term:

Support: 180 / 120

Resistance: 560 / 730

Medium Term:

Support: 288 / 225 

Resistance : 390 / 415 / 437

Short Term: 

Support: 335 / 319 / 301

Resistance: 355 / 364 

Short Term Investors can BUY the stock above 340 with  a stoploss around 330 and a target of 355.

Medium and Long Term Investors can accumulate the stock at the support levels.

Resistance and Support Levels for SBI - Investment Idea

State Bank of India BSE: 500112 | NSE: SBIN

Short Term:

Support(+/- 5): 288 / 283 / 260 

Resistance(+/- 5): 310 / 320 /326 

Medium Term: 

Support(+/- 5): 250 / 230 / 210

Resistance(+/- 5): 340 / 380

Long Term: 

Support(+/- 10): 180 / 140 / 88

Resistance(+/- 10): 440 / 470 / 550 / 680

Note: Investors with medium an long term outlook can accumulate the stock at every fall. Short term investors can BUY the stock at current levels  with a stoploss around 260.

Read the following news. May be useful while investing in Public Sector Bank stocks.

http://www.business-standard.com/article/finance/rbi-not-game-with-lic-s-play-in-govt-banks-115010600803_1.html

Update for Hindustan UInilever- Investment Idea

Refer Post: http://myequityobservations.blogspot.com/2015/01/support-and-resistance-levels-for.html

The stock has reached the short term target of 803.

Book partial or full profits( for short term investors only).

Increase the stoploss to 775

Resistance and Support Levels for Berger Paints -Investment Idea

Berger Paints India BSE: 509480|NSE: BERGEPAINT

Invest for Short-Term only

Support(+/-10): 420 / 380 / 345

Resistance(+/-5): 450 / 465 / 490 / 510 / 550

Strong Support is present around the level 345.

Risk taker can BUY the Stock at current market price with a target of 450 and stoploss of 420.

Medium and Long term investors can BUY the stock above 460 with a target of 490 / 516. 

Resistance and Support Levels for Asian Paints-Investment Idea

Asian Paints BSE: 500820 | NSE: ASIANPAINT

BUY above 780 / 810
 

Support (+/-10): 740 / 670 / 540 / 465

Resistance(+/-10): 809 / 880 / 925 / 990

Investors with a very short time -frame can 

BUY the stock above 780 with a target of 803 / 809. 

and a stoploss of 760.


Note: Asian Paint Q3 results on January 29 2015. Fall in crude prices may benefit the company.Keep an eye on the results. 

Resistance and Support Levels for Finolex Cables

Finolex Cables BSE: 500144 NSE: FINCABLES

BUY above 285

SHORT-TERM

Support (+/-5):  241 / 216 

Resistance(+/-5): 294  / 304 / 319

MEDIUM-TERM 

Support(+/-5): 175 / 140

Resistance(+/-5): 324 / 349 / 380

LONG-TERM

Support (+/-10) : 110

Resistance (+/-10): 445 / 530

The stock has good resistance around 279 (+/-5)

Investors with a time frame of 1 to 2 weeks can 

BUY the stock above 272 with a target of  279 /283.

Keep Stoploss at 255

Update for BHEL Short-term Investment

Refer Post: http://myequityobservations.blogspot.com/2014/12/resistance-and-support-levels-for-bhel.html

The stock has reached the target of 275.
Profits can be booked around this level.
275/ 280 is a strong resistance level for BHEL.

Update for Montecarlo- Investment

Refer post: http://myequityobservations.blogspot.com/2014/12/support-and-resistance-levels-for_30.html

The stock is near the first resistance level of 540. Book Partial profits.
Change stoploss to 520.

Resistance and Support Levels for Punjab National Bank- Investment Idea

Punjab National Bank BSE: 532461 | NSE: PNB

Resistance(+/-5) : 228 / 279 / 360 / 416

Support (+/-5): 140 / 100 / 80

BUY above 232

Investors with a time frame of 1 week to 2 months can 

BUY the Stock above 232 with an Initial Target of 240 / 256 / 279 and a stoploss between 210 and 197 .

Medium Term Investors can Hold the stock with a target of 326 / 360 and stoploss between 168 and 144.

Long Term Investors can Hold the stock with a target of  410 / 500 / 637.

Note: The levels around 228 and 279 are strong resistance level.Be Cautious around these levels.Partial profits can be booked at this level. If the stock falls below 160; it may be a start for medium-term downtrend.

Support and Resistance levels for Hindustan Unilever

Hindustan Unilever BSE: 500696 | NSE: HINDUNILVR

Support: 720 / 655 / 555 / 450

Resistance: 771 / 827 / 890 / 992

Mild Support around 730.

Short term Investors can BUY the Stock above 780 with an initial targets of  803/ 818 / 840. Keep stoploss between 750 and 733.

Resistance and Support levels for Bank of Baroda

Bank Of Baroda BSE: 532134 | NSE: BANKBARODA

Short Term :

Support: 1070 / 980 / 876

Resistance : 1124 / 1212

Medium term to Long Term :

Support: 716 /425

Resistance: 1286 / 1370 / 1596 / 1933

Note: Resistance and Support levels for Short term can vary (+/-)  10 or 15 points 

and (+/-) 20 or 30 points for Medium to Long Term.

BUY the Stock at current levels with an initial target of 1105 / 1124 

and a stoploss between 1050 and 1038.

    I wish everyone a happy and prosperous new year