Himadri Chem continues its good run!

Himadri Chem (BSE code: 500184) has been a ten bagger stock since 2003. It looks set to continue upwards with CMP at 319 and 325 being near term resistance. 350 is immediate target and 390 possible in the near future.

HT Media looks rosy!

HT Media (BSE code : 532662) has had a decent correction from its all time high of 858 and has swung up.CMP is 798.40 and if the stock closes above 800, then all time highs can be taken out. Stop loss for all longs should be 745 on closing basis.

Voltas Ltd. ready for all time highs!

Voltas Ltd. (500575) has broken out of an inverted Head and Shoulders bottom pattern. The neckline of this pattern (as shown in the accompanying graph) is at 115 and CMP is 117.15, The graph is a weekly chart and long positions can be take with a stop loss of 105 on weekly closing basis. Target according to the pattern is 160.

HEG rising!

HEG Ltd. ( BSE code: 509631) has been strong in the recent bout of volatility in the markets. CMP is 181 and support exists at 166-174 region and the stock can be accumulated in declines to that area. A close greater than 188 will take it a price level of 210-220.

Century Text may fall a bit more.

Century Textile can fall as a stochastic sell signal has occurred today. Stock price below 625 can take it down to 590 which is the 50 day sma. Markets being volatile stop losses are important and this more of a day trading call.

Crew Bos is hitting the right notes!

Crew Bos (BSE code: 532542) has got good volumes accompanying its breakout as shown in the chart. CMP is 229.90 and if the stock sustains above 220 then 256 which is its all time high is within reach.

Lupin is an outperformer!

Lupin Ltd. (BSE code: 500257) has broken out of a resistance zone to close at 570.50. It is moving to multi month highs ane may test the May 2006 high of 650. Stop loss of 525 on closing basis is a must considering the recent bout of volatility.

Suven Life Sciences is resilient.

Suven Life Sciences ( 530239) has been resilient in the recent carnage. Stock is in strong hands and a close greater than 115 will trigger more upsides. 89 is stop loss from a medium term perspective and stock can be accumulated in declines. Upsides resistance zones are 121, 133 and 160.

Aurobindo Pharma swings up

Aurobindo Pharma (BSE code: 524804) has given a swing trade opportunity. After moving up from 570 levels to 670 the stock swing down for a day and has moved higher in past two sessions clearing 671 (CMP 678.25) clearly showing good momentum. Long positions can be taken with a target of 730. Stop loss for all longs is 640 on closing basis.

Havells to light up!

Havells Ind (BSE code: 517354) is moving in a stuctured channel and seems set to touch the upper channel at 370. CMP is 342 and stop loss for long postions should be 325 on daily closing basis.

KLG Systel revs up.

KLG Systel (531269) has again given a buy signal. It has had a terrific run in the past few months as the chart shows. CMP is 275.70 and previous high can be reached (318). Stop loss should be 250 on closing basis.

Grasim continues its winning ways!

Grasim (BSE code: 500300) looks set for higher levels. CMP is 2790 and the scrip can touch 3040 provided it closes above 2800 decisivey. Volume action confirms powerful investments. Stop loss of 2700 on closing basis for short term players.