My Stock Picks

[stockcream]

Cairn

Cairn is trading around 329 now. The stock can be sold on every rise upto 331 with stoploss above 332. The target here are 310 and 285.

 

[stockcream]

Bankindia

Bank Of India has good resistance around 361. Current rate is around 359. If one can keep a stoploss above 361, this stock can be sold. The targets here are 320 and 295.

 

[stockcream]

Ashok Leyland

Ashok Leyland is trading around 26.9. The stock can be sold upto 27.1 with stoploss above 27.2. The target here are 25 and 23.

 

[stockcream]

Arvind

Arvind Ltd can be sold in the range 77-80 with stoploss above 81. The targets are 62 and 57. It could even test levels of 42 in the future.

 

[stockcream]

Aban

Aban can be sold in the range 363-365 with stoploss above 368. The targets here are 330 / 312 and 290. Ultimately, the stock might test levels of 254, I believe. Current rate is around 356.

 

[stockcream]

Adani Enterprise

Adani Enterprise can be sold on every rise up to 228 with a stoploss above 232 for targets of 204/193 and then 182. I expect the targets to be met even this month itself. Today's high is around 225.

 

[stockcream]

Adani Ports

Adani Ports is a SELL on every rise up to 116 with stoploss above 118 for targets of 107/97 and 92. Major support for the stocks are at 84 and 70. Major resistance for the stock now is at 122. Today's high is around 116. Watch out.

 

[stockcream]

Allahabad Bank

Allahabad Bank can be sold on every rise up to 148 with stoploss above 149 for targets of 132/115. If the stock goes below 115 on a closing basis, then the stock could test even 60. Today's high is around 145.

 

[stockcream]

Ambuja Cement

Ambuja Cement has very good resistance around 173-177 range. So, one can definitely SELL the stock in that range with stoploss above 177 for targerts of 158/144 and 134.

 

[stockcream]

Andhra Bank

Andhra Bank has major resistance around 120. So, one can think about selling the stock in the range 116-118 with stoploss above 120 for targets of 104/97 and 87. I wont be surprised if the stock tests 60-55 range in a few months. Current rate is above 117. Watch out.