Stock recommendations (equity)

[Yagnesh07]

@Bewinner:
I always mention if call is for intraday trade or BTST?
Yes in positional calls duration would be 2-7 days.

 

[Yagnesh07]

43) Buy call on Godrej Properties Ltd.
Buy @ 550
Tgt : 560-570
SL: 541 on closing basis

From last 2 weeks stock is closing below its previous day close and now start moving up from past 4 trading sessions.
As per RSI stock is in oversold zone on daily chart. Stock is facing resistance at 560 levels & next resistance stands at 570-572 levels which is its 55 days EMA.
As per MACD analysis there is a positive divergence.

 

[Yagnesh07]

Update: Exit position from Godrej Properties as SL hit.

 

[shashzz]

Update: Exit position from Godrej Properties as SL hit.

hi Yagnesh,
please share your view on Hind Zinc for short term.

regards
shashi

 

[Yagnesh07]

@ shashi:
Hindustan Zinc CMP: 121.40
Stock is facing resistance at 122 levels if managed to close above this level than 2nd resistance stands at 125 levels which is it's 200 days EMA.

Stock has very good support level at 118.5 levels.
Use dips as a buy with and trade considering resistance levels.

 

[Yagnesh07]

44) Buy R.com @ 71.55 levels
Target : 78
SL : 67 on closing basis

 

[Yagnesh07]

41) Buy PNB at 829-832 levels
Target: 843-865
SL: 818 on closing basis

Broken resistance of 815 as defined by Bollinger band which gave fresh breakout on daily chart.
RSI suggest buy signal. Strong bounce back from lower levels.

Update: PNB done 2nd target today

 

[Yagnesh07]

Hi Shashzz,
1) Omax Auto: CMP- 52.4
Stock has given very good breakout 48.5 levels and set gap up candle stick out of bollinger band with huge rise in volume. Some up move expected here till up to 60-64 levels.
Stock is over bought zone as per RSI indicator.

2) IRB Infra :CMP- 125.9
Stock is facing resistance at 131 & next major resistance stands at 138 levels.
If managed to close above 138 levels will give target of 164.
Hold with stop loss of 120

Update:
IRB Infra broken resis and headed up to 137.75 as defined resistance 138 levels.
Now consolidating :clapping:

 

[Yagnesh07]

@ shashi:
Hindustan Zinc CMP: 121.40
Stock is facing resistance at 122 levels if managed to close above this level than 2nd resistance stands at 125 levels which is it's 200 days EMA.

Stock has very good support level at 118.5 levels.
Use dips as a buy with and trade considering resistance levels.

@ Dear Shashi:
Hindustan Zinc made the low of 118.75 as above stated support level 118.5
Stock hasn't cross the very 1st resistance of 122 levels

 

[Yagnesh07]

45) Buy Castrol India @ 557
Tgt : 580-620
SL: 545 on closing basis