SHORT TERM AS WELL AS FOR TRADING

BUY TGT 183 186 POSITIONAL
TGT 890-920 POSITIONAL

BUY TGT 264 -270 IN A DAY OR TWO
NFL TGT 128- 130 FOR POSITIONAL
BUY TGT 303-313 IN A DAY OR TWO
TATATEA BUY FOR SHORT TERM TGT 25% UPSIDE
FOR POSITIONAL BUY ABV 780 TGT 792 804 818
BUY POSITIONAL TGT 660 / 690 / 720 / 740
GREAT MOVE CMP 138FOR 145 IN 2 SESSION SHORT TERM TARGET 158
BUY TGT 534-539 IN A DAY OR TWO
SUPER UPSIDE 10% IN A SINGLE SESSION NOT RULED OUT

buy in panic

BUY THESE IN PANIC ON EVERY DIPS

U MAY 10-15% RUN IN SINGLE SESSION NOT RULED OUT

Buy On Dips

Stock Watch- Zenith Birla Ltd (Short term target - 30-32)

ABG Ship Buy above 265 for target of 269, 274 SL 260

SU-RAJ DIAMONDS AND KOHINOOR FOODS, FOR BUMPER GAINS...

Buy On Dips

BUY STER ON MONDAY WITH STOPLOSS 158 FOR A TGT OF 174 179 184 EVEN POSSIBLE 192 ITS A POSITIONAL CALL

BUY ORCHID FOR A TGT OF 171-75

RELCOM

RelCom & Reliance Infratel Ltd Buys GTL infra in principle Rs 50000 crore deal.
This deal would create the world's largest independent telecom infrastructure company.
Relcom will benefit from cash infution
And 2 million RelCom share holders will receive listed shares of GTL Infra.

BUY RELCOM ABV 193 SL 189 TGT 210 230 246

ALSO TRADE

Delivery : AROGRANITE BUY ABV 48 SL45 T 50-52-56-58

AHLU CONS
The stock has created double bottom at 192-93 level,With oscillators in oversold zone .major hurdle will 50EMA which is around 208-209 if it crosses the same we can see 230-250 in coming days.

SWING TRADE

Swing Trade
HPCL (Buy CMP 402.20)

Today EGoM announces much awaited increase in prices of petrol, diesel and LPG which result in astronomical increase in the share prices of this counter. From here we expect rally to remain continue in this counter probably upto 440-460 mark.
Technical indicators like stochastic and Macd RSI are suggesting an uptrend as they all are on the verge of entering into positive zone Stock is also trading above 8 and 16 Day EWMA taking it as short and medium term support.
Buy at 400 lvls for Target of 440,460 SL of 375

POSITIONAL

BUY GAIL FOR LONGTERM TGT 600

Total Technical Pick Of The Week :

Buy Godawari Power @ 221 positional TGT 280 Long Term TGT 309

INDSWIFT LAB

WITH THE SALE OF PIRAMAL HEALTH STAKE TO ABOTT AT HUGE PRICE ,

PHARMA STOCKS ARE LOOKING STRONGER THAN MARKET.

HEIGHTENED ACTIVITY SEEN IN INDSWIFT LAB AT 73.6

STOCKS WITH BUY SIGNAL

STOCKS WITH BREAKOUT BUY SIGNALS

GUJ.ALKALI 121.1

INDSWIFT LAB 73.6

VINATI ORG 72.75.

THESE ARE NOT DAY TRADING PICKS

TATAMOTORS

SELLLLLLLLLLLLLLLLL

TATAMOTORS BELOW 777

SL 8O2 TGT 750 - 737 - 725

EVEN BELOW 700 POSSIBLE

POSITIONAL

Geodesic @ 90 in very small qty just for trading purpose.

we are expect 15-20% upside.

But one must have a stoploss of 87. A small stoploss only in geodesic. But incase geodesic if suppose it sustains below 87one should exit the same.

Its not one of our best picks but yes small holding may be bought.

stocks to watch for nxt week

EKC

ONMOBILE

VIDEOIND

DCHL

ABAN

2-4 weeks calls

BUY AND HOLD TALBROUS AUTO COMP CMP 72.50 SL 69 ON CLOSING BASIS TGT 80+

BUY KINGFISHER AIRLINES TGT 60

MLL TGT 58

Oversold Stocks with Rising RSI

Script name

Last close

Bang Overseas Ltd

Indo Rama Synthetics (India) Ltd

Nitin Fire Protection Industries Lt -

Piramal Glass Ltd -

Rajesh Exports Ltd -

Rico Auto Industries Ltd -

PRE CALL

BUY TIDE WATER ABOVE 5500 SL 5440 TGT 5800

POSITIONAL

sell july bank nifty ARND 9718....sl ..9799..... tgt...9540/9460/9390

new pre market calls

Tech mahindra looks all set to score at least a 770, a spike of more than 15-18 rs. in the last half an hour of trade.

look to buy it @751-748 to make the risk reward ratio in ur favour, put a trading sl of 745 for ur trades.

ELGIEQUIP

SL 112 TGT 130-140

JUPITER BIO

SL 87 TGT 95 99

NAVNEET PUBLICATIONS

SL 49 TGT 55 59

SHORT TERM CALLS

BUY(Delivery)

INDIAGLYCOL@ 135,Sl 115,Tgt 155/75

ESCORTS@204,Sl 193,Tgt 220/30

LAKSMIVILASBNK@ 85/90

Geodesic now 93, one may buy for trading purpose @ 90 odd levels with stop loss of 86 on closing basis target 15-20% upside

POSITIONAL

GESHIP is a good short term buy near 299-302 target 317-24-36-45.

Dchl at 127.5 sl 125 trg 136+

Gic housing at 99 sl 97 trg 106-110

Jkpaper arnd 55 sl 53 tgt 58 60 62 In a day or two

Steel Strip Wheel tgt 163,168 sl 151 In a day or two

Stock Tips For Tomorrow : 23rd, June'10

• Buy IVP Ltd. @ 48 with target of Rs 50-53 and stoploss of Rs 46.
• Buy TATA POWER above 1322 with target of Rs 1330-1335 and stoploss of Rs 1311.
• Buy ICSA-India Ltd. above 145 with target of Rs 148-150-155 and stoploss of Rs. 139.

It is advised traders to buy ICSA for target of Rs 155. A detailed study of the daily chart shows that the stock has corrected from the high of Rs 191 to touch a low of Rs 112 in May 2010.

A sustained rally past the levels of Rs 146 could see the stock attempting its 200-DMA (Rs 162). We recommend traders to buy the stock in the range of Rs 144-146 with a stoploss of Rs 139 for an initial target of Rs 155,” the note said.

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BPCL NEW HIGH POSSIBLE

Finally looks like we will have deregulation news coming true.

on 25th June panel of ministers will sit to decide on deregulation. Charts says they will say yes to it.

Bpcl today traded above 5 day avg of 531 almost few hours before it broke out above the downward moving channel giving a hint of a new III wave start target of which comes to a new high around 687. Important to note that recent decline is of three waves which are corrective in nature so we can expect a motive wave of 5 waves targetting 700. Let us see what happens on 25th Deregulation meeting.

keeping my fingures crossed.......

keep a sloss at 530(5 day avg as of now). I will update trailing sloss if requires.

Super Spinning

Super Spinning is forming an Inverted Head and Shoulder Pattern with Neckline placed at Rs 14.05.Stock is havig lot of trading Intrest Build up and can see higher levels if and only if 14.05 ie, Neckline Breakout Happens

Buy above 14.05 Tgt 14.9,15.5,16,16.4

Reliance Communication

Reliance Communication had a Dream run after a reconciliation between the Ambani Brothers .Stock moved from levels of 130 to sub 200 Levels.Stock is an interesting conjunction and important point to note from past 3 days unable to cross its 200 DMA which is cause of concern for bulls, and a upper hand for bears.

If we take the Fibo Retracement for the Stock following levels should be achived in coming week

Sell Below 182 Tgt 179 175 171 and 166

FORTIS HEALTH CARE

BUY & HOLD FORTIS HEALTH CARE ONE CAN EXPECT MINIMUM 25- 35% UPSIDE FROM CURRENT LEVEL IN SHORTTERM

Fresenius Kabi

Here's Fresenius Kabi weekly chart. Stock selection parameters - 1.It has a good uptrend. 2. Highest closing in the last 21 weeks. 3. Near to 52 week high @ Rs 163. 4. It is an outperformer - Since 2009, Nifty has gained 72.7% and this stock has gained 332% and lastly 5. It is above its 10 week average (corresponding to a 50 day average on the daily chart). BTW, Oncology is a branch of medicine that deals with tumors.

SUGARS ARE SWEETINING

Balrampur and Dwarkesh Sugar possibilities of potential medium term trend reversal, as Ichimoku trend turns positive in these counters after a long time. Both the stocks had lost more than 42% since the start of the year 2010 and looks highly oversold.

Support Zone for Balrampur Chini – Rs75(Approx)

Support Zone for Dwarkesh Sugar – Rs 55(Approx)

Bajaj Hind: - Cup and Handle and EMA Crossover:

There is a cup and handle structure on Bajaj Hind with a target of 130. Sugar seems to be goin up and sugar stocks are something to hold.

Renuka Sugar:

Renuka Breakout today. Potential target of 80 with SL of 60

Praj Industries:
This is a possible breakout candidate. The stock has a very low ATR of 2.86. The bollinger band has contracted. Today was a good doji - bullish one with increase in volumes and break above today's high of 80.70 could suggest a target of 88 on the stock considering a possible triangle structure. Plus, today there has been a basic EMA crossover of 5-13. Now, tomo a crossing 34 EMA at 81.42 (cmp 80.20) can be good trigger for the stock. One more important fact, I see is the fall from 5th may was marred with low volumes, very stable volumes, no spikes suggesting unusal selling.

POSITIONAL CALLS

YOU CAN BUY HCC AND PUNJ LLOYD ON MINOR DIPS TO GET HANDSOME GAINS IN INTRA AND IN COMMING DAYS