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Railway Budget Today. Wait and Trade

Update for Rolta India Intraday SELL

The stock has reached the target of 148.70.

Intraday SELL Idea for Rolta India

Rolta IndiaBSE: 500366 | NSE: ROLTA
SELL Rolta India below 147.20

Target: 146.15 / 145.55 /144.35

Stoploss: 148.70

Risk Takers can SELL the stock at current levels with an initial target of 148.70 / 147.50 and a stoploss at 151.

Intraday BUY Idea for ONGC

Oil and Natural Gas CorporationBSE: 500312 | NSE: ONGC

BUY ONGC above 323.60

Target: 324.25 / 324.60 / 325.40 /326.80

Stoploss: 322.50

Intraday SELL idea for ONGC

Risk: High

Oil and Natural Gas CorporationBSE: 500312 | NSE: ONGC

SELL ONGC below 320.70

Target: 319.20 /316.70

Stoploss: 322.40

Intraday BUY for Ashok Leyland

Ashok Leyland BSE: 500477 | NSE: ASHOKLEY

BUY Ashok Leyland above 68.15
Target: 68.50 / 68.70 / 69.05

Stoploss: 67.80

Intraday Sell for Pipavavdoc

Pipavav Defence and Offshore Engineering Company BSE: 533107 | NSE: PIPAVAVDOC

SELL Pipavavdoc below 74.80

Target: 74.30 / 74.00 /73.40

Stoploss: 75.30

Markets are running flat. Wait till the parliament session starts.Proceed cautiously.

Intraday Idea for Pipavavdoc

Risk: High

Pipavav Defence and Offshore Engineering Company BSE: 533107 | NSE: PIPAVAVDOC

SELL Pipavavdoc

Target: 81.00 / 80.45

Stoploss: 82.35

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BUY above 83.40

Target: 83.20 / 85.30

Stoploss: 81.70

Intraday Idea for ITC

ITC BSE: 500875 | NSE: ITC

BUY ITC above 399.20

Target: 401 / 402.30 / 404.60

Stoploss: 397.40

Update for SBI Intraday BUY

The stock has reached the target of 306.40.
Book partial or full profits.
Change the stoploss to 305.80 or 306.40 for the next target of 308.60.

Intraday Idea for ICICI Bank

ICICI Bank BSE: 532174 | NSE: ICICIBANK

SELL ICICI Bank below 328.20

Target: 326.20 /324.70 / 322.20

Stoploss: 330

Risk Takers can SELL the stock at current levels with an initial target of 330.15.

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BUY above 335 (involves Risk)

Target: 338.50

Stoploss: 332

Intraday Idea for SBI

State Bank of India BSE: 500112 | NSE: SBIN

BUY SBI above 305.20

Target: 306.40 / 308.60
Stoploss: 302.20

Strong uptrend will take the stock to 312.

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Risk Takers can SELL the stock at current levels

Target: 303.25 / 302.35 / 301.70

Stoploss: 305.20

Strong downtrend will take the stock to 299.90 / 298

Intraday Idea for Moserbaer

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

BUY Moserbaer above 15.40

Target: 15.70 / 15.95 / 16.25

Stoploss: 15.20

Strong uptrend will take the stock to 16.35 /16.65 / 16.80

Update for Moserbaer Short Term Investment Idea

Refer Post: http://myequityobservations.blogspot.com/2015/01/short-term-investment-idea-for-moserbaer.html

The stock has reached the target levels.

Book partial profits at these levels.

Intraday SELL for PipavavDoc

Risk: High

Pipavav Defence and Offshore Engineering Company BSE: 533107 | NSE: PIPAVAVDOC

SELL Pipavavdoc below 78.70

Target: 77.70

Stoploss: 80.20

Intraday BUY for Apollo Tyres

Apollo Tyres BSE: 500877 | NSE: APOLLOTYRE

BUY Apollo Tyres above 187.25

Target: 188.70 / 189.70 / 191.50

Stoploss: 185.90.

The stock has mild resistance around 190.40.Be cautious at this level.

Update for Pipavavdoc Intraday BUY Idea

The stock has reached the target of 69.20 and a high of 69.70.
Risk takers can keep the stoploss between 68.00 and 68.50 
for a target of 72.10 / 73.50 / 74.50 / 78.00.

Change stoploss to 70.50, if the stock reached 72.10.
Prefer trailing stoploss levels.

Update for Pipavavdoc Intraday BUY Idea

The stock has reached the target of 67.30 and reached a current high of 67.80.
Change stoploss to 67.30 or 67.50 for the target of 69.20.

Good resistance around 68.70. Be cautious at this level.
Also Change stoploss to 67.80, if the stock reaches 68.30

Intraday Idea for Pipavavdoc

Risk: Very High

Pipavav Defence and Offshore Engineering Company BSE: 533107 | NSE: PIPAVAVDOC

BUY Pipavav

Target: 66.50 / 67.00 / 67.30

Stoploss: 65.60

A Strong uptrend will take the stock to 69.20.

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SELL Pipavav below 65.60

Target: 65.05 / 64.70 / 64.15

Stoploss: 66.15

Update for Suzlon Intraday BUY Idea

The stock has reached the first target of 21.80

Further uptrend will take the stock to 22.20 / 22.60

Change stoploss to 21.50.

The stock may reach the upper circuit level 23.00.
Keep stoploss at 21.80, if the stock crosses 22.00.
Keep stoploss at 22.10, if the stock crosses 22.30.

Prefer Trailing stoploss levels with trailing ticks of 0.05.


The level of 22.20 is a good resistance level. Partial or Full profits can be taken at this level.

Intraday Idea for Suzlon

Risk: High

Suzlon Energy BSE: 532667 | NSE: SUZLON

SELL Suzlon below 21.05

Target: 20.90 / 20.50

Stoploss: 21.15

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BUY Suzlon

Target: 21.80 / 22.20

Stoploss: 21.00

Intraday BUY for SBI

Risk : Very High

State Bank of India BSE: 500112 | NSE: SBIN

BUY SBI above 304.20

Target: 307.20 / 308.80 / 310.50

Stoploss: between 299 and 303

Change stoploss to 305.40, if the stock crosses 307.30.

Strong uptrend will take the stock to 311.20 / 316.

Intraday Idea for Bank of Baroda

Bank Of Baroda BSE: 532134 | NSE: BANKBARODA

BUY above 185.30

Target: 186.90
Stoploss: 184.40

Risk takers can BUY the stock at current levels with an initial target of 185 and a stoploss at 183.30.

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SELL below 182.60

Target: 181.70 / 181.50 / 180.60

Stoploss: 183.40

Update for Fortis Intraday Sell

The stock has reached the first target of 141.30

Intraday SELL for Fortis

Fortis Healthcare BSE: 532843 | NSE: FORTIS 

SELL Fortis below 142.30

Target: 141.30 / 140.60 / 139.30

Stoploss: 144.20

Intraday SELL Idea for SBI

Risk: High

State Bank of India BSE: 500112 | NSE: SBIN 

SELL SBI below 291.50

Target: 289.80 /288.60/ 287

Stoploss: 293.60

Stronger downtrend will take the stock to 286.80 / 285 / 282

Update for SBI Intraday BUY

The stock has reached the target of 294.50.Take profits.

Intraday BUY for SBI

State Bank of India BSE: 500112 | NSE: SBIN 

Risk: High( trade in the early session of markets)

BUY SBI above 288.60

Target: 289.30 / 293 / 294.50

Stoploss: 285

Resistance and Support levels for Pipavav Defence and Offshore Engineering Company

Pipavav Defence and Offshore Engineering Company BSE: 533107 | NSE: PIPAVAVDOC

BUY for Medium and Long Term

Resistance: 85 / 99 / 114 / 139 

Support : 64 / 51 /31 

Risk takers with a timeframe of 1 to 2 days can BUY the stock at current levels with a target of 75.00 and a stoploss between 60 and 65.Prefer trailing stoploss.

Also go to the following link:

http://www.business-standard.com/article/companies/mahindra-may-acquire-30-in-pipavav-to-make-defence-foray-115021100469_1.html

Update for Rolta Short-term Investment Idea

Refer Post: http://myequityobservations.blogspot.com/2015/02/resistance-and-support-levels-for-rolta.html

The stock has reached the target of 127.
Investors can continue to hold the stock with a target of 148 and a stoploss at 116.

Intraday Idea for Suzlon

Suzlon Energy BSE: 532667 | NSE: SUZLON

BUY Suzlon above 18.50

Target: 18.65 / 18.80 / 19.05

Stoploss: 18.25

Change the stoploss to 18.80 ; if the stock crosses 19.00.
A strong move above 19.10 will take the stock to 19.40 / 20.20.

Risk takers can BUY the stock at current levels with an initial target of  18.40 with a stoploss at 18.05.

Update for SBI Intraday BUY

The stock has reached the target of 283.80.
Change stoploss to 282.

Intraday Idea for SBI

Risk : High

State Bank of IndiaBSE: 500112 | NSE: SBIN

BUY SBI above 282.60

Target: 283.80 /284.10

Stoploss: 281

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SELL SBI below 280.40

Target: 279.40 / 278.70 / 277.50

Stoploss: 282.00

Risk takers can SELL the stock at current levels with an initial target of 280.60 and a stoploss at 283

Intraday BUY for Pipavav Doc

Pipavav Defence and Offshore Engineering Company BSE: 533107 | NSE: PIPAVAVDOC

BUY PipavavDoc above 74.15

Target: 76 / 77.30 / 79.60

Stoploss: 72.00

Risk takers can keep stoploss at 68.00

Strong uptrend will take the stock to the levels of 83.00.

Intraday BUY for ONGC

Oil and Natural Gas Corporation BSE: 500312 | NSE: ONGC

Risk: Very High

BUY ONGC

Target: 346.75 /347.50

Stoploss: 344

Resistance and Support levels for Rolta India

Rolta India BSE: 500366 | NSE: ROLTA

Resistance: 122 /127.80 / 148.50 / 161

Support: 107 / 91 / 70

Short term Investors can BUY the stock at current level

Target: 122 / 127

Stoploss: 105

Intraday BUY for Arvind

Arvind BSE: 500101 | NSE: ARVIND

BUY Arvind above 295.60

Target: 296.70 / 298.80

Stoploss: 293.55

Strong uptrend will take the stock to 302.

Risk takers can BUY the stock at current levels with an initial target of 295.50 and a stoploss at 291.

Intraday BUY for ICICI Bank

ICICI Bank BSE: 532174 | NSE: ICICIBANK

BUY ICICI Bank

Target: 340 / 341.10 /343.40

Stoploss: 336

Mild Resistance at 339.30.Be cautious.

Update for Apollo Tyres Intraday SELL Idea

The stock has reached the second target of 178.60.Book partial profits.

Change stoploss to 179.60.
Risk Takers can keep the stoploss at 181.50.

A Strong downtrend will take the stock to 174.85 / 171.80

Intraday SELL for Apollo Tyres

Risk: High

Apollo Tyres BSE: 500877 | NSE: APOLLOTYRE

SELL Apollo Tyres

Target: 179.60 / 178.80 /176

Stoploss: 185.60

Update for ICICI Bank

The stock has reached the third target of 333.80

Update for National Aluminium Intraday BUY

The stock has reached the first target of 50.20.
Change stoploss to 49.90

Update for SBI Intraday BUY

The stock has reached the first target of 289.55.
Book Partial profits.

Change stoploss to 287 for further targets.

Update for ICICI Bank

The stock has reached the first target of 331.30.Book partial profits

Change the stoploss to 327.25.

Intraday BUY for ICICI Bank

ICICI Bank BSE: 532174 | NSE: ICICIBANK

BUY ICICI Bank

Target: 331.30 / 332.60 / 333.80

Stoploss:  323

Stronger uptrend will take the stock to 338 / 344.50

Change stoploss to 333.80; if the stock crosses 335

Intraday BUY for SBI

State Bank of India BSE: 500112 | NSE: SBIN

BUY SBI above 287.30

Target: 289.55 / 291.20 / 293.85

Stoploss: 284

Be cautious at the level of 288.75.

Intraday Idea for National Aluminium

National Aluminium Company BSE: 532234 | NSE: NATIONALUM

BUY NationalAluminium

Target: 50.20 /50.30 /50.70

Stoploss: 49.40

Intraday Idea for SBI

State Bank of India BSE: 500112 | NSE: SBIN

SELL SBI below 293

Target: 289.50 / 285.50

Stoploss: 296.20

High Risk takers can SELL the stock at current levels with an initial target of 293


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BUY above 297

Target: 300

Stoploss: 296

Update for Wipro Intraday BUY

The stock has reached the second target of 625.80. Book profits.

Update for TATA Steel Intraday SELL

The stock has reached the target of 388.50. 
Book profits at this level.
Stronger downtrend will take the stock to 386.

Update for Suven Life Sciences BUY Idea

The stock has reached the target of 256.70.Profits can be booked at the current level.
Change the stoploss to 252.50 for the target of 265.

The stock has mild resistance at 261.70 and 263.70.Be cautious at these levels

Intraday Idea for Suven Life sciences

Suven Life Sciences BSE: 530239 | NSE: SUVEN
Risk : Very High

BUY Suven above 257

Target: 265.00

Stoploss: 252.00

Risk Takers can BUY  the stock at current level  with a target of 256.70 and a stoploss at 249

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SELL Suven below 245

Target: 242 / 240.40 / 238.70

Stoploss: 249

Risk takers can SELL the stock at current levels with an initial target of 245.70 with a stoploss at 257

Intraday BUY for Hexaware

Hexaware Technologies BSE: 532129 | NSE: HEXAWARE

BUY Hexaware above 240

Target: 242.70 / 244.25 / 247.70

Stoploss: 234.00

Risk takers can BUY the stock at current levels with an initial target of 239.15 and a stoploss at 228.00

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SELL Hexaware below 234

Target: 233.20 / 232.30 / 230.90

Stoploss: 237

Intraday Idea for Wipro

Wipro  BSE: 507685 | NSE: WIPRO

BUY Wipro above 621

Target: 623.50 / 625.80 / 630

Stoploss:  613

The stock has mild resistance around 622.70.

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SELL Wipro below 614

Target: 612.30 /610.10 / 609.20

Stoploss: 619.50

Intraday Idea for TATA Steel

Tata Steel BSE: 500470 | NSE: TATASTEEL

BUY TATA Steel above 395.10

Target: 396.45 / 397 / 398.50 / 401

Stoploss: 390

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SELL TATA Steel below 392 ( Involves Risk)

Target: 390.70 / 389.60 / 388.50

Stoploss:  393.30

Intraady Idea for NMDC

NMDC BSE: 526371 | NSE: NMDC
Risk: High

BUY NMDC above 141.20

Target: 141.80 / 142.35 / 143.10

Stoploss: 140

Change the stoploss to 142.10, if the stock crosses 142.70

Intraday Idea for PNB

Punjab National Bank BSE: 532461 | NSE: PNB

BUY PNB above 194

Target: 195.30 / 196.40 / 198.20

Stoploss: 190.60

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SELL below 190.60 (involves risk)

Target: 188.80 /186

Stoploss: 193

Intraday SELL for Heritage

Heritage Foods BSE: 519552 | NSE: HERITGFOOD

SELL Heritage below 361

Target: 356 / 351.40 / 345

Stoploss: 369

If the stock falls below 350, change the stoploss to 352