Stock Talk

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660-680 is a good support and 740-750 is a good resistance and that is the range for next week

Reliance Capital has taken a break out (ltp 411) buy around 400-410 sl 385 and tgt 450-480(long term support at 360)
as per my calculation it should not come below 385

JP associate: 106 reistance breaking that it will go to 122, downside it has support at 86-88
weekly range 86-106

Bata has taken a fresh breakout buy at 110-112 sl 107 tgt 130(if it closes above 120 buy more)

TV18 buy around 68-70 sl 66 tgt 85

Shiv vani oil Buy at 100-105(cmp 108)and hold for 1 month and you will get 20-30 % return, has taken a fresh breakout

ABB above 442 it will go to 460-480,on the other hand short it below 442 sl 445 tgt 425- 415

Petronet lng has taken a fresh breakout(cmp 43.9) buy at 42-42.5- 43 tgt 50 within a month,short term trader keep sl at 40

Suzlon good support at 42.5 and 45(cmp 50.9) buy this on dips(if it gives any)

Hero honda short arnd 1030-1040 sl 1060 tgt 980

Reliance industry:overbought,but good suppot exist at 1550,cmp 1660(if it falls to 1600 levels then can short 1500 put)

Hindalco (cmp 56.5) medium term support at 52.5,lon term support 49.8 , buy on dips at arnd 52.5 tgt 65 within a month

keep an eye on idbi,cmp 50 can buy arnd 47.5-48.5

allahabad bank: ltp 43.9,support at 41 buy arnd 42-43 and its all set to move above 50 this month

All the stocks with RED are must buy for 1 month time frame,overall will give around 15-25% return.