UNION BANK : Ready for 260

Triangle Break out happening today, Should close above 234-235 , CMP 237.5 

Target : 255-260

Best bet : 240CE @10-11

Nifty and JSW Energy : An Update

 

 NIFTY & JSW Energy

Indusind Bank and Tata Global

Buy #INDUSINDBK FUT around 640 and on dips to 635 if any SL 628 Target: 660-670

Hourly chart:Closed above previous tops with significant volumes.

Buy #TATAGLOBAL FUT around 169-167 SL 164.4 Target: 174-178 . On 5-min chart it has formed a bullish triangular pattern and broken out. Looks like 180+ also coming next week.Our target for next 6 months 250.

Stocks to Buy 09-09-2014

#TATACHEM for 440 SL 404 : 

#GODREJIND for 380 SL 349 : 

#SBIN for 2650 SL 2520 : 

#DISHTV for 58 SL 54

Only charts No words

I am posting some charts of Banks which are well poised for a move (Up/down- time will tell).

For now they are close to breakout levels and any favourable announcement by Mr. Rajan will make them shoot 5-10% at least. Yes 5-10% (at least the patterns suggest so!!).

This kind of expected breakout is well played by buying OTM calls and hedging them with any available method, like buying OTM puts along with or selling far OTM calls for limited gains and limited risk.

Guys who like to keep it simple can buy OTM calls and relax (But buy only that much which you are ready to let go in case it turns southwards :) )

BANKNIFTY

ICICIBANK

PNB

SBIN

YESBANK

SBI: Testing Support

TV18: Switch it on!!

Buy TV18 Broadcast @32.5 and on dips to 30 if any .

Stock retraced to Fibo  level of 38.2% after forming recent peak around 38.

See chart below for Strategy.

Cadila Healthcare: Steady Gains in sight

Buy CADILAHC @1014 and on dips

Target : See chart 

STRTECH : Ripe for extended up move towards 80

Buy STRTECH @66-67-68 

Add on dips to 65-64 

Target: 74-79-84 

Time frame: 1-2 months

SUNPHARMA: Ready to rise again

SUNPHARMA Breakout seen on charts: 

Buy @645 and add above 660 for 700-720

Keep SL at 620 ( As usual closing basis)

Other PHARMA stocks like Ranbaxy, Alembic, Dishman all looking hot for 500,300,150 respectively.

Chart Below:

Click to enlarge!

BIOCON: Ready to enter new orbit

BIOCON after a long consolidation in 2014 between 400 and 500 is finally showing signs of breaking out of this range.

Confirmation of this breakout will happen on close above 520 for 2-3 days. 

Targets will be around 580 - 620.

Width of consolidation channel = 500-410 = 90.

Target on higher side= Upper end of  horizontal channel + Channel width = 500+90 = 590. Move can extend to 620 assuming upped end of channel at 513-515.

Keep accumulating BIOCON.

JAIN IRRIGATION: Irrigate your money!!

Guys We have been on a break for sometime. 

But your beloved Equityexperts is back with daily weekly updates/trading recommendations.

Positional trading sheet will be updated daily from now on wards.

We are really touched upon by your mails/calls for restoring updates on websites asap.

To Start with I want to recommend you guys a real multibagger #JAIN IRRIGATION. A player in #Drip Irrigation.

Stock was initially recommended on Twitter around 66 for 90 targets, It achieved and actually surpassed our imagination by climbing to 130 levels in few days.

Now after a nice break out on volumes from historic many year tops, It has broken out for new up move towards 200.

Below is the chart with explanations:

Cement Cos: Looking weak

ACC,AMBUJA, ULTACEMCO all looking weak.

The weakest of them looks ACC, Sell below yesterday's low of 1326.

SL 1375 

Target : 1270-1250

Nifty View

NIFTY SPOT

Support at 6650-6633

Medium term support at 6500-6480 (Medium term trend reversal only on closing below this level)

Can be bought on dips with 6500-6480 as closing SL for Targets of 6800-7200 in 1 month i.e till 16th may :)

Some Calls given on twitter!!

Some Hot Trades of the week from positional Trading sheet

ANSALAPI : From 20.35 to 26 in no time :)

SHASHUN PHARMA from 77 to 89-90 in just 4 days.

ESCORTS from 123 to 136.

ABIRLANUVO from 1100 to 1175

Greaves Cotton: Hot for 90

Buy GREAVESCOTTON @82-83 

SL 75 

Target: 90 - 97

ESSELPACK: Breakout above 64-65 for 75-80

ESSELPACK 

Breakout above 64-65.

DISCLOSURE: Alreadt Reco to stock positional cash subscribers @66.7 

CMP 69.

Stock can even move to 90-100 in 12 months time!!

Picture says a million words!!

Just an effort to put together all the calls on twitter with follow ups , charts wherever possible.

Sit back ! Relax and have a look :)

We just want to say Thank you all. It would not have been possible without you guys support and love!!

A big thank you to all guys who joined paid service this week and contributed towards betterment of our services. We will leave no stone unturned  in making you profitable.