KRBL on the starting line

KRBL (BSE code: 530813) has set up for an upmove above the 200 dma at 157.45. Support is at the 200 dma (148). Closing above 163 will bring targets of 180 and 200 within range. Stop loss should be 147 on closing basis.

Alstom Ltd (BSE code: 522275) has broken out of a sideways consolida

tion range. CMP is 759 and long positions can be considered with stop loss of 720 on daily closing basis. 830 is one target though this stock can easily go to 1000.

Godrej Ind a super mover

Godrej Ind (BSE code: 500164) has broken above the upper line of a rising channel with very good volumes. CMP is 130 and long postions should be considered with a stop loss of 120 on closing basis. Target is 165.

Prithvi goin for the skies!

Prithvi Info (BSE code: 532675) has closed above the 200 dma with the highest volumes in the past few months. CMP is 355.20 and stop loss should be 328 on closing basis. Upsides can be expected and levels of 410 and 440 are achievable.

FourSoft swinging up to higher levels.

FourSoft (BSE code: 532521) is moving in a well defined rising channel. As the chart shows the scrip has broken out of a downward sloping resistance line and then after correcting for two sessions has swung up. CMP is 62.95 and long positions can be initiated with stop loss of 60 on closing basis. Targets are 69-70 and 78.

Suzlon is full of energy!

Suzlon Energy (BSE code: 532667) is looking set to make all time highs. CMP is 1355. Resistance is at 1400 levels. Positions can be taken at current price and lower levels with stop loss at closing below 1300. Upside target from current price are 1385-1390 and 1520.

Larsen and Toubro in high gear!

LT (BSE code : 500510) is breaking out of a bullish pattern. CMP is 1306.25 and immediate targets are 1336 and 1430. Stop loss for all longs is 1270 on closing basis.

Hind Lever at throwaway price!

HLL or Lever in trader parlance is at 236 and has taken support at the lower end of a rising channel. Channel support is at 228. Long positions can be considered with a stop loss of 228 on closing basis. Upward targets ar 246 and 250 in the immediate term. 262-264 is important resistance and can be the next level to watch.

GHCL all set to be a multi-national

GHCL (BSE code: 500171) has been in the news for its international takeovers. Technically the stock has been consolidating at 160-180 levels. Long positions can be taken at current price (174) and below with stop loss below 160 on closing basis. Targets are 195 (previous high) and 240.

Mangalam Cement in a strong uptrend.

Mangalam Cem (BSE code: 502157) is set for a big move. CMP is 212 and immediate resistance is at the upper end of a rising channel at 229 which is also a recent top. Beyond that a target of 260-270 is achievable. Stop loss of 200 on closing basis is needed.

Emco ltd. is rising to the occasion.

EMCO Ltd (BSE code: 504008) is breaking out after a sideways consolidation period. CMP is 588.05 and a close above 600 will bring a target of 660 on the upwards channel.

LIC is a latecomer to the party!

LIC housing finance (BSE code:
500253) has been an underperformer to the overall markets. The stock has broken out of an inverted Head and Shoulders pattern and is consolidating. A move above 180 will bring a target of 205 in focus. A close below 169 will negate the trade and should be used to preserve capital.

Sesa Goa awakens!

Sesa Goa (BSE code: 500295) has woken up refreshed from a ten week slumber. As the chart shows the scrip has broken out of the downward trending line on good volumes and is ready to test the "Scissor Trendline" at 1250. Closing above 1090 is important for this to happen. Stop loss should be 1010 on closing basis.

Rolta is on a roll.

Rolta (BSE code : 500366) looks poised for higher levels. CMP is 228.70 and a target of 270-280 is possible in the next few months. Stop loss should be 215 on closing basis.

YES Bank taken over by the BULLS!

Yes Bank (BSE code: 532648) CMP 97.45 has broken out from a sideways rectangular consolidation range. Support exists in 90-92 price zone. Upwards it can touch 105-110 within 15 trading sessions.

Rajesh Exports dazzles

Rajesh Exports (BSE Code : 531500) has broken above the 200 day sma and after a brief consolidation of 3 days has started trending higher. CMP is 218 and long positions can be taken with a stop loss of 200 on closing basis.

IDFC zoomin up

IDFC (Bse Code: 532659) has brokern into Bull territory (above 200 simple moving average) and is in an uprend. CMP is 67.70 and an upwards move will bring prices of 77-80 into range.
Positions can be taken at market and in corrections till 62 with a stop loss of 60 on closing basis.